<ul data-eligibleForWebStory="true"><li>Savings account rates remain steady with the highest yield at 5.84%.</li><li>Online banks and credit unions offer rates significantly higher than traditional financial institutions.</li><li>On high-yield accounts with a $10,000 minimum deposit, the best rate is 4.88%, unchanged from last week.</li><li>High-yield savings accounts may require membership in a credit union or a large deposit.</li><li>The average APY for traditional savings accounts is 0.22%, while high-yield accounts average 0.23% for $10,000 minimum deposits and 0.24% for $25,000 minimum deposits.</li><li>Interest rates on savings accounts fluctuate in response to changes in the economy and are influenced by the Federal Reserve's rate adjustments.</li><li>Financial institutions typically adjust borrowing and savings rates following Fed rate changes, occurring eight times a year.</li></ul>

High-Yield Savings Account Rates Today: June 11, 2025 – Rates Are Steady

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