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In the News

Financial services media outlets frequently look to Cornerstone subject matter experts for insights and analytics on current industry issues.

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Interest Rate

Apple Launches its Savings Account with 4.15 Percent Interest Rate

In May 2021, Cornerstone Advisors estimated that there were 6.4 million Apple Card users.

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2 experts on implications of more interest-rate rises in 2023

Ron Shevlin, chief research officer at Cornerstone Advisors, addressed these elements in a report released in January titled, “What’s Going On In Banking 2023.”

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Online banks are leading the interest-rate charge

Ron Shevlin, chief research officer for Cornerstone Advisors, said there is a group of customers who actively manage their savings account and are willing to move the funds — what he called hot deposits. But a larger group of U.S. banking customers don’t look to maximize returns on their deposits.

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