What is compounding interest? An intro to interest is the money your financial institution pays you to store your money in a savings or retirement account. There are two types: simple and compound.
Looking for the best return on your savings? Annual percentage yield (APY) will show you how much compound interest you’ll earn over the course of a year. Find out more about what APY is and how it can help your money grow.
From earning more with soundness to a high-yield savings account – find out how our team’s here with the products and service to help you weather whatever the economy has in store.
