• seat6@lemmy.zip
    link
    fedilink
    arrow-up
    2
    ·
    1 hour ago

    I don’t get why people use banks/ credit unions with low yield savings accounts. Isn’t that the most important part? I get 3% in my savings. I honestly dont get choosing something with a low yield account

    • bitteroldcoot@piefed.social
      link
      fedilink
      English
      arrow-up
      1
      ·
      44 minutes ago

      I’m getting over 4% at suncoast credit union and Vanguard Vusxx is paying 3.65%

      You need to shop around.

      VUSXX is the ticker symbol for the Vanguard Treasury Money Market Fund, a mutual fund designed for capital preservation and liquidity rather than stock-like growth.