With the recent rate cuts a lot of bank have been dropping the rates on their accounts. You can still get an effective 5% APY though.
Name of Bank / Effective Yield (APY) / Minimum
Countrywide Savings 5.00% $10,000
Shorebank 5.00% $1
Alliant CU 4.85% $5
Savings Square 4.80% $1
Corus Bank Ultimate MMA 4.75% $10,000
There’s a credit union where I live advertising 6.25% APY/
There’s a bit of a catch – while there is no minimum, there is a maximum of $30,000. Any balances above $30,000 get 1.01% APYU.
That is, you get 6.25% on the first $30,000 and then 1.01% on the rest.