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This bank just hiked the rate on its 1-year CD to 5 5%

Select banks continue to compete for savers' deposit dollars.

Sallie maeMichael kayeBetsy graseckMorgan stanleyFederal reserveGoldman sachsWells fargoSynchrony financialInvestment strategySlm corpGoldman sachs group incBreaking news investingBusiness news

SLM Corporation (NASDAQ:SLM) Q2 2023 Earnings Call Transcript

Operator: Hello. And thank you for standing by. Welcome to Sallie Mae Second Quarter 2023 Earnings Conference Call. [Operator Instructions].

United statesDepartment of educationDistrict of columbiaSallie maeRick shaneJon witterJoe fisherMichael kayeJonathan witterJohn witterSanjay sakhraniJeffrey adelsonSteven kwokMelissa bronaughJeff adelsonRichard shane

Fed s rate hike today is about to sweeten yields on these investments

The central bank's policy tightening campaign has been a bonanza for income investors.

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Grab a 4 9% yield for parking money at this bank

The bonanza on rising yields isn't over just yet, even as the Federal Reserve prepares to meet next week.

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Get paid for nothing: What you should know about cash sweep accounts

Select brokerages are raising the rates they pay on cash, but keep these considerations in mind before you move your emergency savings there.

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