Yes, You Can Still Find a 5% Savings Account. Today's Savings Rates, Dec. 2, 2024 [CNET News]
LendingClub Corporation (LC)
Last lendingclub corporation earnings: 2/18 04:06 pm
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Source: CNET News
The Fed may cut interest rates in December, which could lower interest rates even more. Regardless of rates, a high-yield savings account offers a safe place to park your funds, while earning some interest on your money. We've been tracking savings rates for almost two years at CNET, and we've watched as savings rates have dropped slowly over the past year. Now, there's only one bank on the list we track that's still offering a high-yield savings account over 5% : Varo Bank. Many banks have been quietly lowering savings annual percentage yields all year. In September the Fed made its first rate cut since March 2020, savings rates began to drop faster. Now, most of the top savings accounts offer APYs of just under 5% or 4%, While that's still much higher than the FDIC average savings rate of 0.43% , it's clear that savings rates are on the way down. In the meantime, you can still earn a competitive return on your savings by opening a high-yield savings account. A high-yield
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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
- Lending stocks down after JPMorgan downgrades fintech players [Yahoo! Finance]Yahoo! Finance
- LendingClub Co. (NYSE: LC) had its "neutral" rating re-affirmed by analysts at JPMorgan Chase & Co.. They now have a $17.00 price target on the stock, up previously from $14.00.MarketBeat
- ‘Buy now, pay later' is more popular than ever. It can cost more than you think [Los Angeles Times (CA)]Los Angeles Times
- There's Only One 5% Savings Account Left. Today's Daily Savings Rates, Nov. 29, 2024 [CNET News]CNET News
LC
Earnings
- 10/23/24 - Beat
LC
Sec Filings
- 11/27/24 - Form 4
- 11/27/24 - Form 4
- 11/27/24 - Form 4
- LC's page on the SEC website