With some anticipating rate increases from the Federal Reserve, we might start seeing more banks increasing the interest rates offered on savings account. E*TRADE Bank is ready, and they’ve announced an increased from 3.15% to 3.30% APY starting tomorrow, July 2. I keep my company stock purchase plan investment with E*TRADE, though not by my choice. I haven’t had any problems with the investing arm of the company. When I sell more company shares, I plan on opening an E*TRADE Bank savings account. I’ve held shares for the last nine months or so, waiting for the company’s stock to head upwards. ---
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