High Savings APYs Won't Stick Around Long -- Don't Delay to Get a Good Rate. Today's Rates, Nov. 20, 2024 [CNET News]
LendingClub Corporation (LC)
Last lendingclub corporation earnings: 2/18 04:06 pm
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Source: CNET News
Opening an account now can help you earn the most interest. Since the Federal Reserve started cutting interest rates in September, savings rates have taken a hit. Earlier this year, the APY on my savings account was 4.25%, but now it's 4.00%. Despite inflation increasing in October for the first time in months, a third rate cut in December isn't out of the question. That could lower savings rates even further. Some high-yield savings accounts still offer over 5% annual percentage yields -- more than 10 times the national average -- but experts don't anticipate high savings rates to last forever. Although some banks are offering APYs higher than what I'm earning, I'm sticking with my high-yield savings account to grow my funds. It's not always about the highest interest rate. I'm satisfied with my bank and don't need to chase a welcome bonus to realize short-term gains. If you still have your money in a traditional savings account, it's worth making the move to earn interest a
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News
- Total Return Breakouts: LendingClub, "Zombie" Bank Winners And A Fed Rate Cut Next Week [Seeking Alpha]Seeking Alpha
- Start Your 2025 Savings Goals Now. High APYs Could Be Gone by the New Year. Today's Savings Rates, Dec. 5, 2024 [CNET News]CNET News
- LendingClub Co. (NYSE: LC) had its price target raised by analysts at Keefe, Bruyette & Woods from $15.00 to $17.00. They now have an "outperform" rating on the stock.MarketBeat
- These Savings Rates Won't Last. Don't Wait Until the New Year to Make a Move. Today's Savings Rates, Dec. 4, 2024 [CNET News]CNET News
- Savings Rates Are Falling, but There's Still Time to Grab a 5% APY. Today's Savings Rates, Dec. 3, 2024 [CNET News]CNET News
LC
Earnings
- 10/23/24 - Beat
LC
Sec Filings
- 12/6/24 - Form 4
- 12/5/24 - Form 144
- 11/27/24 - Form 4
- LC's page on the SEC website