January 11th, 2008
EmigrantDirect has lowered their savings rate?again, to?4.55% APY. It is still very competitive though.
This savings account works really well. You link the account to another bank account, such as where you do your primary banking, and you can transfer funds between the two accounts on-line.
The FDIC# for Emigrant Bank is 12054. They are over $11.5 Billion in assets.
Here is their website, EmigrantDirect
-- By +Chris Duncan