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Stock impact report

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]

LendingClub Corporation (LC) 
Last lendingclub corporation earnings: 2/18 04:06 pm Check Earnings Report
US:NYSE Investor Relations: ir.lendingclub.com
Company Research Source: CNET News
If the Fed lowers rates again, savings APYs could drop further, so your balances will accrue less interest. Earning interest can help you grow your money for your 2025 savings goals before the new year starts. Savings rates are still hovering around 4.36% on average, based on our daily tracking. But even the best high-yield savings accounts have fallen from the 6% savings rates we saw a year ago. There's still one bank that offers 5.00%, but only for balances up to $5,000. But you can still find HYSAs that offer APYs well over 4%. Even though many banks haven't changed rates drastically over the past few weeks, a looming rate cut could change that. If the Federal Reserve lowers rates at its meeting this month, you could see savings rates fall even further. If you're focused on holiday sales and plans, you may not be thinking about your 2025 saving goals just yet. Using a high-yield savings account is a good way to automate savings. Here are some of the top savings account APY Show less Read more
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