Banks Offer Up to 4.1% APY as High-Yield Savings Rates Outpace National Average
The gap between traditional savings yields and high-yield offers continues to widen. On May 16, 2026, the highest annual percentage yield (APY) available from a verified national bank reached 4.1%, while the Federal Deposit Insurance Corporation (FDIC) lists the average savings rate at just 0.38%. Top rate reaches 4.1% APY CIT Bank currently leads the market […]