<prompt> Human: Im sure we are all familiar with the crop of on line high yield savings banks that are out there Ally is the one Im most familiar with. Youd think that competition among them would result in a higher yield as borrowing interest rates have gone up another 0.25 today again. But they are all sitting at pretty much 1 now. I was looking forward to higher rates soon.  <response>: The only rate that went up is the discount rate - which impacts really short term stuff like the federal funds rate. That doesnt factor all that highly into Allys business. I mean theyre taking your money and buying mortgages and car loans. Im not sure how the rates for those have gone up in recent months. But a 12 month treasury is apparently paying 1 as of today. Allys 1 year CD is 1.05. Because treasuries are tax exempt at the state level thats about par for most people. If that 12 mo moves any higher, Ally may have to bump their rate up or people will start opening treasurydirect accounts again. 