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Best 4% Interest Savings Accounts of August 2026

Best 4% Interest Savings Accounts of August 2026

APYs listed in this article are up-to-date as of the time of publication. CNBC Select will update as changes are made public.The best returns on high-yield savings accounts today are around 4% annual percentage yield (APY). If your goal is to maximize your savings,...
Fed approves Santander-Webster deal | Banking Dive

Fed approves Santander-Webster deal | Banking Dive

Dive Brief: The Federal Reserve on Tuesday approved Banco Santander’s acquisition of Stamford, Connecticut-based Webster Financial, the holding company of Webster Bank.  The central bank’s approval – 129 days after it received the application – was the last regulatory...
The States With the Best—And Worst—Access to Banks

The States With the Best—And Worst—Access to Banks

Banks are an important part of life for all kinds of reasons, from getting a loan to picking up cash to buy things. And of course, banks are great if you like free lollipops.A 2023 study by the Federal Deposit Insurance Corporation (FDIC) found that 96% of Americans...
Digital Banking Becomes Bank of America’s Deposit Engine

Digital Banking Becomes Bank of America’s Deposit Engine

Bank of America’s second-quarter earnings call Tuesday (July 14) was dominated by a simple message: Consumers in the United States are spending, companies are borrowing, capital markets are open, and the economy is proving stronger than expected. That backdrop helped...
Are Rewards Debit Cards the New Credit Cards?

Are Rewards Debit Cards the New Credit Cards?

Debit cards that earn rewards were effectively obsolete thanks to a 2011 federal amendment limiting interchange fees. But recently, co-branded debit cards have begun to fill that void.That’s largely because smaller companies, often partnering with banks, have been...