CU Savings Rates Continue to Beat Banks’ Rates

Survey by GoBankingRates confirms that the rates credit unions pay on their share accounts continues to outpace the rates paid by banks on similar products. Examples include savings, where credit unions outpace banks 0.14% annual percentage yield (APY) to 0.11%; checking, where CUs lead banks 0.31% to 0.20%; and money markets, 0.19% to 0.15%. [4/15]