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July Interest

August 1st, 2017 at 11:11 am

The interest earned on our savings accounts and CD's for the month of July was $94.44. As I mentioned yesterday we have one CD maturing in August, but have opened another 3% CD with the same bank that I can roll most of the money into. Very happy about that!

The lowest interest rate we are earning on our funds is 1.1% interest at FNBODirect. The highest is a 3% CD at Navy Federal Credit Union.

So thankful rates have risen a bit recently! May that trend continue so us savers can earn more.

Posted in Saving, Income | 1 Comments »

1 Responses to “July Interest”

  1. rob62521 Says:
    August 1st, 2017 at 09:48 pm 1501624105
    1501624105

    I'm with you...hope the rates continue to go up. It's "our" turn to make some money, right? One of my friends who is financed up to his eyeballs says he doesn't want the rates to go up since he will have to pay more...well, rates have been low for so darn long, I think it is time for the savers to get something.

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