A credit union is a not-for-profit financial institution that’s owned by its members. Credit unions provide the same kinds of financial products as banks, like checking accounts, high-yield savings, ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

We independently review everything we recommend. When you buy through our links, we may earn a commission. Learn more› By Mitch Moxley Mitch Moxley is a writer covering men’s style. For his first ...