If you’re like most Americans, you have at least one bank account, if not several. You probably use your account to receive your paycheck, cover your living expenses or stash some cash for a rainy day. Read Next: Key Signs Your Credit Card Is Quietly Wrecking Your Finances For You: 7 Luxury SUVs That Will Become Affordable in 2025 However, you may not be maximizing your relationship with your bank to build and protect wealth. GOBankingRates spoke with Teri Williams, president and COO of OneUnited Bank, to ...

Find out which banks are offering the best MMA rates right now. The Federal Reserve cut the federal funds rate three times in 2024 for a total reduction of one percentage point. As a result, deposit interest rates — including money market account rates — have been falling. It’s more important than ever to compare MMA rates and ensure you earn as much as possible on your balance. A look at the best money market account rates today Although money market account rates are elevated by historical standards, ...