![]() Sun East Federal Credit Union: This credit union is offering its members a high 5.75% APY for 11-month CDs with minimum deposits of $100,000.Take these three, for example, which in the past seven days have boosted their CD offerings to 5.75% APY, ranking them as some of the highest available rate for CDs on the market today: In the weeks before today’s action, some financial institutions already started increasing their rates. See some of the highest-paying savings accounts here, and some some of the highest-paying CDs here. “The top-yielding savings accounts and certificates of deposit (CDs) are at a 15-year high,” says Greg McBride of Bankrate. So, for example, if your bank currently pays 4.00% interest and the Fed raises rates by 0.25%, your bank might raise their interest rate to 4.10% or 4.15%.” What are some of the best-paying savings and CDs now?Ĭonsumers have already been seeing high rates on many high-yield savings accounts and CDs. “As a result, for each 25 basis points rate hike, online banks typically pass along 10 to 15 basis points of the increase to their depositors. “By contrast, online banks are growing and are looking for more deposits,” he says. Because brick-and-mortar banks often already have more deposits than they can lend, they don’t have much incentive to attract more deposits, Zimmerman explains. But this doesn’t mean that all savings and CDs are going to raise rates. This position is also eligible to earn sales incentive compensation.“When the Fed raises rates, banks typically increase borrowing costs by a corresponding amount (which helps cool the economy), but they pass on only a portion of the rate increase to depositors in the form of higher interest rates on savings accounts,” MaxMyInterest CEO Gary Zimmerman explains, adding that “this enables banks to earn more profit in higher rate environments - and earn less profit when interest rates are low.”Īs a result of the Fed’s increase, just like with interest rate hikes in the past, many online banks and credit unions may start to increase both CD and high-yield savings account deposit rates and incentives. The salary range is dependent on a number of factors, including the applicant’s skill, experience, and work location. These investment products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Signal Financial Credit Union. ![]() Employment is with CUNA Mutual Group, however, in accordance with regulatory requirements, LPL Financial would hold your securities/insurance licenses. Whatever your vision of success, we’re with you every step of the way.Īpply online at: By submitting an application, you are not applying for employment with LPL Financial. The freedom to create solutions specific to your client’s goals.Resources and expertise across the firm to help you create client solutions.An open architecture platform with access to thousands of investment products from leading third-party product sponsors.Access to our proprietary technology and a suite of customized services.The opportunity to become a financial advisor in the futureĪs an advisor associated with LPL Financial, you benefit from our commitment to take care of you so you can take care of your clients.The opportunity to capitalize on the credit union’s reputation and community standing.The benefit of LPL’s experience helping financial institutions grow and maximize their investment programs.The ability to grow your business with LPL’s combination of tools, technology, and support.The opportunity to create client solutions without proprietary products.The opportunity to find new clients via the credit union’s member base.The ability to build a strong client base with the credit union’s exceptional referral system.The opportunity to partner with a top advisor working a portion of their book of business.This exciting position will allow you to grow your career and business, helping the people and families that look to Signal Financial Credit Union for financial solutions. The Investment Program at Signal Financial Credit Union supports the local community and you will be joining a team that is dedicated to helping members in every stage of their financial life. Under this model Financial Advisors are not employees of LPL Financial. This employment opportunity at CUNA Mutual Group located at Signal Financial Credit Union in Kensington, MD would allow you to join Signal Financial Credit Union as an Associate Financial Advisor working for CUNA Mutual Group and associated with LPL Financial. LPL Financial partners with CUNA Mutual Group to offer a complete menu of financial services to credit union clients. Your career path should lead to real opportunity
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