Post ATxRHwEIjF4capF94i by sirbenoftheapex@noagendasocial.com
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 (DIR) Post #ATxRHwEIjF4capF94i by sirbenoftheapex@noagendasocial.com
       2023-03-24T15:53:55Z
       
       0 likes, 1 repeats
       
       SoFi Bank, which is paying 1.20% on checking balances and 4.00% on savings balances. A bit of a history lesson: This is the kind of thing that was going on in 2008 when I worked as a personal banker at National City Bank — restructuring accounts to get more than the "normal" FDIC coverage and paying high interest rates. The number of 5-year CDs at 5.50% I sold was outrageous. Then National City, the seventh largest bank at the time, nearly failed. It was purchased by PNC in October 2008.