Core Insights - A 2-year certificate of deposit (CD) offers a competitive return while allowing for liquidity compared to longer-term investments, especially as interest rates may decline in the near future [1] Summary by Category Best 2-Year CDs - Prime Alliance Bank offers a 24-month CD with an annual percentage yield (APY) of 3.8% and a minimum opening deposit of $500 [4] - Marcus by Goldman Sachs provides a 24-month CD with an APY of 3.95%, significantly above the national average, requiring a minimum deposit of $500 [5] - Synchrony Bank's 24-month CD features an APY of 3.5% with no monthly maintenance fees and a minimum deposit of $0 [6][10] - America First Credit Union offers a 24-month CD with an APY of 4.05% and a minimum deposit of $500 [12] - American Express National Bank has a 24-month CD with an APY of 3% and no minimum deposit required [13][17] - Quontic Bank's 24-month CD provides an APY of 3.35% with a minimum deposit of $500 [14][18] - Bank5Connect offers a 24-month CD with an APY of 3.2% and a minimum deposit of $500 [15][19] - Bask Bank has a 24-month CD with an APY of 3.65% and a higher minimum deposit of $1,000 [16][20] - TAB Bank features a 24-month CD with an APY of 3.82% and a minimum deposit of $1,000 [21][27] - Bread Savings offers a 24-month CD with an APY of 3.75% and the highest minimum deposit requirement of $1,500 [22][28] Market Context - The average interest rate for a 2-year CD is currently 1.41%, with several banks and credit unions offering rates significantly above this average, reaching as high as 4% [24] - America First Credit Union currently holds the highest 2-year CD rate at 4.05% APY [25] Evaluation Methodology - The evaluation of the best 2-year CDs involved over 300 data points, focusing on metrics such as APY, minimum opening deposit, and compounding frequency [26][29] - Accounts with higher APYs received more favorable ratings, while those with lower or no minimum deposit requirements ranked better [29]

Core Insights - An 18-month CD is highlighted as a competitive option for earning returns on savings without long-term commitment, offering higher interest rates than typical savings accounts while providing more flexibility than longer-term CDs [1] Best 18-Month CDs - Ally Bank offers the top-rated 18-month CD with a 3.6% APY and no minimum opening deposit requirement, with daily compounding interest [3] - Synchrony Bank provides a competitive 3.8% APY with no minimum opening deposit, but has a penalty of 180 days' simple interest for early withdrawals [4] - Marcus by Goldman Sachs features a 4% APY with a minimum deposit of $500, and early withdrawal incurs a penalty of 180 days' interest [5] - Limelight Bank's CD offers a 3.85% APY with a minimum deposit of $1,000, with daily compounding and quarterly credited interest [10] - Live Oak Bank has a 3.7% APY but requires the highest minimum deposit of $2,500, with a 90-day simple interest penalty for early withdrawals [11] - America First Credit Union provides a 3.95% APY with a $500 minimum deposit, and dividends are compounded and credited monthly [12] - Bank5Connect offers a 3.5% APY with a $500 minimum deposit, with a six-month interest penalty for early withdrawals [13] - Bask Bank features a 3.75% APY with a $1,000 minimum deposit, and early withdrawal incurs a penalty of 180 days' interest [15] - TAB Bank has a 3.87% APY with a $1,000 minimum deposit and daily compounding interest [20] - Bread Savings offers a 3.75% APY with a higher minimum deposit of $1,500, with daily compounding and monthly credited interest [22] Methodology for Best 18-Month CDs - The evaluation of the best 18-month CDs was based on over 300 data points, focusing on metrics such as annual percentage yield (APY), minimum opening deposit, and compounding frequency [24][25] - Accounts with higher APYs received more points, while those with lower or no minimum deposit requirements ranked more favorably [26]

Core Insights - The article emphasizes the benefits of 1-year certificates of deposit (CDs) as a low-risk investment option for savers seeking better yields than traditional savings accounts while avoiding long-term commitments [1] Group 1: Best 1-Year CDs - Ally Bank offers a competitive 3.75% APY with a $0 minimum deposit, making it accessible for new savers [3] - Synchrony Bank provides a 3.8% APY with no minimum deposit, but has a 90-day interest penalty for early withdrawals [4] - Marcus by Goldman Sachs features a 4% APY, requiring a minimum deposit of $500, with a 90-day interest penalty for early withdrawals [5] - America First Credit Union has a 3.95% APY with a $500 minimum deposit and a 60-day interest penalty for early withdrawals [11] - Capital One offers a 3.9% APY with no minimum deposit, but imposes a penalty of three to six months' interest for early withdrawals [12] - American Express National Bank provides a 3.25% APY with no minimum deposit and a 270-day interest penalty for early withdrawals [13] - Bask Bank has a 3.75% APY with a $1,000 minimum deposit and a 90-day interest penalty for early withdrawals [14] - TAB Bank offers a 3.9% APY with a $1,000 minimum deposit and a 90-day interest penalty for early withdrawals [15] - Live Oak Bank features a 4% APY with a $2,500 minimum deposit and a 90-day interest penalty for early withdrawals [21] - Quontic Bank rounds out the list with a 3% APY and a $500 minimum deposit, with a penalty equal to the interest for the full term for early withdrawals [22] Group 2: FAQs and Methodology - The highest 1-year CD rate currently available is 4% APY, offered by both Marcus by Goldman Sachs and Live Oak Bank, with minimum deposits of $500 and $2,500 respectively [23] - A $10,000 CD at a 4% APY would yield approximately $408 in interest over one year, while at the national average rate of 1.61%, it would yield about $162 [24] - The evaluation methodology for the best 1-year CDs involved over 300 data points, focusing on metrics such as APY, minimum opening deposit, and compounding frequency [29][30]

Core Insights - First Northwest Bancorp and First Fed Bank have appointed Curt Queyrouze as the new CEO and president, effective Wednesday [8] - Queyrouze has a strong background in financial services, having spent about 40 years in the industry, and aims to honor the bank's 100-year history while delivering long-term value [3][4] - The selection process for Queyrouze was described as "exhaustive," highlighting the bank's commitment to finding a suitable leader [4] Leadership Transition - Geraldine Bullard, who served as interim CEO since July, will return to her role as chief operating officer [8] - Queyrouze previously held the position of president at Coastal Community Bank and was also president and CEO at TAB Bank for approximately eight years [8] Legal Issues - The bank is currently facing a lawsuit from Jefferies hedge fund 352 Capital Group, which claims $107 million in damages related to an alleged fraud scheme involving Water Station [6] - The bank disputes these allegations and plans to defend itself vigorously, as stated in its latest quarterly filing [6] - Following the resignation of former CEO Matthew Deines, the bank reached a settlement with some Water Station investors, agreeing to pay between $2.87 million and $5.74 million [7]

Core Viewpoint - First Northwest Bancorp announces the appointment of Curt Queyrouze as the new CEO and President, effective September 17, 2025, aiming to enhance long-term shareholder value and modernize the financial institution [1][2][4]. Company Overview - First Northwest Bancorp is a financial holding company with its subsidiary, First Fed Bank, which has been operational since 1923 and currently has 17 locations in Washington state, including 12 full-service branches [7]. - The company focuses on sustainable earnings through a comprehensive range of financial products and services for individuals, small businesses, non-profits, and commercial customers [7]. - First Northwest has made strategic investments in partnerships aimed at developing modern financial solutions and a boutique investment banking/accelerator firm, reflecting its commitment to innovation and growth in the financial services sector [7]. Leadership Transition - Curt Queyrouze, with over 40 years of experience in financial services, will replace Matthew P. Deines, who left the company in July 2025 [3][5][6]. - Queyrouze's previous roles include President of Coastal Financial Corporation and CEO of TAB Bank, showcasing a diverse background in community and regional banking as well as fintech [5][6]. - The Board of Directors expressed confidence in Queyrouze's leadership capabilities, emphasizing his data-driven decision-making and dedication to community service [4].

Core Insights - High-yield savings accounts (HYSAs) are currently a safe and effective option for parking cash, offering better growth compared to traditional savings accounts due to high interest rates [1][36] Group 1: Overview of High-Yield Savings Accounts - HYSAs provide a secure place to store money while earning interest, encouraging financial discipline by separating savings from everyday spending [35] - The national average savings account rate is currently at 0.39%, while top HYSAs offer APYs around 3% to 4% [36][39] Group 2: Comparison of Top High-Yield Savings Accounts - SoFi High-Yield Savings Account offers up to 3.8% APY on savings balances and 0.5% APY on checking balances, with a promotional rate of up to 4.5% APY for new customers [3][10] - Barclays Online Savings Account provides 3.7% APY with no monthly maintenance fees and no minimum balance required [11] - Bask Interest Savings Account offers 4.2% APY, significantly higher than the national average [12] - Synchrony Bank Online High-Yield Savings Account features a competitive 3.8% APY, compounding daily with no monthly fees [14] - UFB Portfolio Savings Account provides a 4.01% APY with no minimum balance requirements [19] - Ally Savings Account has a 3.5% APY and offers tools for maximizing savings potential [21] - American Express High-Yield Savings Account features a 3.5% APY with no minimum opening deposit [23] - EverBank Performance Savings Account allows for 4.3% APY with no minimum deposit or monthly fees [28] - TAB Bank Save Account offers a 4.15% APY, free to open with no minimum deposit [30] - Capital One 360 Performance Savings account provides a 3.5% APY with a highly rated mobile app [31][35] Group 3: Methodology for Ranking - The ranking of HYSAs was based on nearly 300 data points across 30 federally insured savings accounts, focusing on metrics such as APY, minimum opening deposit, monthly fees, and customer service [53][54] - Accounts were evaluated on their APY, minimum balance requirements, and compounding frequency, with higher scores for accounts with no fees and better customer service options [54]

Core Insights - High-yield certificates of deposit (CDs) are presented as a secure option for storing money while earning interest, typically offering higher rates than traditional savings accounts [1] - A review of over 300 data points was conducted to identify the best CDs available for various terms, including 6-month, 1-year, and 18-month options [2] Summary by Category Best CD Rates Overview - The best CD rates for October 2025 include accounts offering rates of 3.9% APY and higher, emphasizing the importance of selecting accounts that align with individual savings goals [4][5] - Approximately 60 CD accounts were evaluated to determine the top options based on interest rates, minimum opening deposits, compounding frequency, and customer service access [5] 6-Month CD Options - Ally Bank offers a 6-month CD with a 3.9% APY, no monthly maintenance fees, and no minimum deposit requirement [7] - Marcus by Goldman Sachs provides a 6-month CD with a 4.25% APY, requiring a minimum deposit of $500 [11] - Synchrony Bank's 6-month CD features a 4.1% APY with no minimum balance requirement [12] 1-Year CD Options - Ally Bank's 1-year CD offers a competitive 3.85% APY with no minimum deposit [30] - Marcus by Goldman Sachs provides a 1-year CD with a 4.1% APY, requiring a minimum deposit of $500 [31] - America First Credit Union's 1-year CD offers a 4.15% APY with a minimum deposit of $500 [38] 18-Month CD Options - Ally Bank's 18-month CD boasts a 3.65% APY with no minimum opening deposit [55] - Synchrony Bank's 18-month CD offers a competitive 4% APY with no minimum deposit [57] - America First Credit Union's 18-month CD provides a 4.1% APY with a minimum deposit of $500 [64]

Summary: TAB Bank is a Utah-based online bank that was founded in 1998 as Transportation Alliance Bank and primarily served customers in the trucking industry. It has since expanded to provide banking services to individuals, families, and businesses across the nation. TAB Bank product overview TAB Spend TAB Spend is a rewards checking account that offers customers the chance to earn interest on their checking account balance as well as cash back on their purchases. There is no monthly fee associated ...