You can also open a high-yield savings account and online CDs ranging from 6 months to 18 months if you don't live near a branch. You'll only be able to deposit a maximum of $500,000 into a CD.

Best Online High-Yield Savings Accounts The best ... In January 2024, Webster paid $1.4 million in a settlement over a class action lawsuit. The lawsuit was over a ransomware attack on Webster ...