Dave W.
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Interest rates are ridiculously low right now, and are likely to stay
that way for the near future, at least as long as the economy stays
depressed due to Covid. I'm the treasurer of my homeowner's association
and have been working with a brokerage to get better interest rates for
our reserve account, which is fairly substantial. Best bank CD rates
right now that I've found are around 0.1%-0.15% for the 9 month-1 year
time frame. So I suspect that any interest that BASFA is likely to get
right now will basically amount to a rounding error.
- [Basfa] Interest on moneys in BASFA account Kennita Watson via Basfa
- Re: [Basfa] Interest on moneys in BASFA acco... David Wallace via Basfa
- Re: [Basfa] Interest on moneys in BASFA ... Kennita Watson via Basfa
