Texas Citizens Bank: Rising CD returns prove time really is money

The most common interest rate on savings accounts is 0.01 percent, according to ValuePenguin’s 2018 report. If your money is with a big bank, chances are you’re earning just that.In a year where rates are on the rise, it may be time to rethink your savings strategy. On June 11, the average national rate on a four-year Certificate of Deposit account was 1.06 percent annual percentage yield (APY), according to Bankrate. Bankrate notes that “savvy savers” can find rates well