Some of the lesser known FDIC insured banks and credit union are offering upwards or 5% CD rates. Is there any risk involved? What am I missing? Bread savings bank: 5.20% Popular bank: 5.25%
Think as long as you stay under the 250k limit for each institution. It's fully guaranteed by FDIC insurance. Invest away?
USFR is at 5.22% yield, so why CDs from obscure banks?
Marcus all the way. 5.15 with referral. DM me for referral. Why lock your money if you can access it anytime
I buy TBills with my existing broker account.
As long as it's FDIC insured you should be fine