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Mnuchin's bank (NYCB) is pays highest savings yield in US


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This grabbed my attention: 

 

https://www.cnbc.com/2024/04/10/nycb-is-paying-the-nations-highest-interest-rate-apy.html#:~:text=NYCB raised the annual percentage,rates for his website DepositAccounts.

 

Paying 5.55% on their high-yield savings product under the Flagstar-My Banking Direct brand . Obviously trying to attract deposits. I opened an account. It's a little clunky compared to Ally or Capital One's platform, but it's paying a much, much higher rate. Withdrawals are limited to $50k per day. 

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