GOBankingRates Ranks TIAA Bank as a “Best of 2020” in Three Categories
December 20 2019 - 2:25PM
Business Wire
Adding to its impressive list of accolades, TIAA Bank has once
again been honored for being among the very best banks by
GOBankingRates in its eighth annual Best Bank rankings. TIAA Bank
was named in an impressive three categories: Best Online Banks,
Best CD Rates & Accounts and Best Money Market Accounts.
“We are thrilled that we have been again recognized for our
outstanding products and services,” said Steve Fischer, President
and Chief Executive Officer, TIAA Bank. “We are proud that TIAA
Bank is ranked among the best and I would like to congratulate our
entire team for their efforts resulting in these awards.”
GOBankingRates explained why they chose TIAA Bank in each of the
three categories:
- Best Online Banks of 2020: “With one of the highest CD yields
available and a guarantee of good rates from its checking account,
TIAA Bank ranks among the very best online banks.”
- Best CD Rates & Accounts of 2020: “A higher-than-average
$5,000 minimum investment guarantees a high rate with TIAA Bank’s
Yield Pledge CD, which guarantees rates to be in the top 5% of
competitive accounts.”
- Best Money Market Accounts of 2020: “TIAA Bank’s Yield Pledge
guarantee assures that you will always receive one of the best
rates available — that’s a pretty good promise for a no-fee
account.”
The team of researchers at GOBankingRates carefully examined 136
banks, looking at more than 3,300 individual data points to
determine the Best Banks of 2020.
About TIAA Bank
TIAA Bank, a division of TIAA, FSB, provides full-service
banking and lending services to consumer, commercial and
institutional clients through a variety of channels, including
online and its Florida-based financial centers. More information on
TIAA Bank can be found at TIAABank.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20191220005526/en/
Media contact for TIAA Bank: Elizabeth Anderson
media@tiaa.org 888-200-4062
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