So writes Peter Coyne of dailyreckoning.com in edited excerpts from his latest free daily e-letter entitled Not Worth the Savings Account You Keep It In*.
[The following article is presented by Lorimer Wilson, editor of www.FinancialArticleSummariesToday.com and www.munKNEE.com and the FREE Market Intelligence Report newsletter (sample here – register here) and may have been edited ([ ]), abridged (…) and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.]
Coyne goes on to say in further edited (and in some instances paraphrased) excerpts:
If you live in Rhode Island, Vermont or North Carolina, you enjoy the highest average savings account rates. Congratulations.
If you live in any of the other states don’t worry. The spread is just 0.21%.
Good luck growing your nest egg with these rates!
[Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.]
*© 2013 Agora Financial, LLC. All Rights Reserved; GoBankingRates.com is the only source for interest rates from over 5000 banks and credit unions. Savings Account | Compare the Best Savings Account Rates
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