10/14/15 – Variable Deposit Rates – Highest Savings Rates at 1.10% APY

Banks kept variable deposit rates near current levels because the Federal Reserve decided not to increase the fed funds rate. The Fed meets again this month to decide interest rate policy and it's looking less likely the Fed will increase the rate this month.

The CME Group's FedWatch Tool has only about a 5 percent chance of a change in monetary policy at the October Fed meeting. Listed below are the best savings rates and money market rates. You can search our rate database for both national and regional rates at SavingsAccount.MonitorbankRates.com

Variable Deposit Rates for October 14, 2015

Highest Money Market Rates

• EverBank 0.61% Yield 1.11% (promo rate)
• Dime Savings Bank of Williamsburgh 1.09% Yield 1.10%
• Sallie Mae Bank 0.90% Yield 1.07% (promo rate)
• Northeast Bank 1.09% Yield 1.10%
• iGObanking.com 1.09% Yield 1.09%
• ableBanking 1.00% Yield 1.00%
• Ally Bank 0.85% Yield 0.85%
• Mutual of Omaha Bank 0.85% Yield 0.85%
• Synchrony Bank 0.85% Yield 0.85%
• MyCBB 0.83% Yield 0.83%

Highest Savings Rates

• My Savings Direct 1.09% Yield 1.10%
• Radius Bank 1.09% Yield 1.10%
• Synchrony Bank 1.04% Yield 1.05%
• CIT Bank 1.04% Yield 1.05%
• GE Capital Bank1.04% Yield 1.05%
• Barclays Bank 1.00% Yield 1.00%
• iGObanking.com 1.00% Yield 1.00%
• Ally Bank 1.00% Yield 1.00%
• Discover Bank 0.95% Yield 0.95%
• American Express Bank 0.90% Yield 0.90%

October 14, 2015 Average Deposit Rates