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Fortune
Fortune
Ivana Pino

BrioDirect is offering a promotional 1-year CD with a 5.25% APY

Photo illustration of a pyramid of blocks with percentage signs on them and a hand placing a final block at the top with the Brio Direct logo on it. (Credit: Photo illustration by Fortune; Original photo by Getty Images; Original logo by Brio Direct)

For savers who are hoping to supercharge their savings balance, the perfect time to find a new deposit account might just be today. 

Amid recent federal interest rate increases, banks and credit unions across the nation are raising deposit account annual percentage yields (APYs) to record-levels, with some institutions offering well above 4% and 5%. 

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