Lock In a High APY While You Still Can. Today's CD Rates, Dec. 13, 2024 [CNET News]
Ally Financial Inc. (ALLY)
Last ally financial inc. earnings: 4/20 07:30 am
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Source: CNET News
With APYs on the way down, opening a CD today can maximize your earning potential. The days of sky-high certificate of deposit rates may be over, but you can still earn a great return with today's top CDs -- if you act now. Annual percentage yields, or APYs, on CDs have been falling since the Federal Reserve cut interest rates at its last two meetings. But you can still earn up to 4.70% APY by choosing the right CD. That's more than twice the national average for some terms. And since your APY is set when you open a CD, your returns will stay the same even if overall CD rates keep falling -- which is likely if the Fed cuts rates again next week, as many experts believe it will. Here are some of the highest CD rates right now, based on banks we track at CNET, and how much you could earn by depositing $5,000. Today's best CD rates Why CD rates are falling The Fed doesn't directly set CD rates, but it does control the federal funds rate. The federal funds rate is the overnig
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News
- 54 percent of employees have dipped into retirement savings for emergencies [Yahoo! Finance]Yahoo! Finance
- Act Now to Lock In Up to 4.70% APY. Today's CD Rates, Dec. 20, 2024 [CNET News]CNET News
- Ally Financial Inc. (NYSE: ALLY) had its price target raised by analysts at Morgan Stanley from $41.00 to $42.00. They now have an "overweight" rating on the stock.MarketBeat
- High APYs May Not Be Around Much Longer Following Fed Rate Cut. Today's CD Rates, Dec. 19, 2024 [CNET News]CNET News
- Ally Financial schedules release of fourth quarter and full year 2024 financial resultsPR Newswire
ALLY
Earnings
- 10/21/24 - Beat
ALLY
Sec Filings
- 12/17/24 - Form 4
- 12/13/24 - Form 4
- 12/10/24 - Form 3
- ALLY's page on the SEC website