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

cd :O)

Washington Mutual


WaMu is federally insured by the FDIC. The FDIC# is 32633. They are over $300 Billion in assets.

FNBO Direct is the internet arm of First National Bank of Omaha. They are currently offering an attractive internet savings account rate of 3.50%.

FNB of Omaha is a good size bank with $9.4BB in assets and a very healthy profit of $99MM in the first quarter. They are well capitaized. They certainly look better than many other banks in their peer group.

If you are looking for good, safe liquid account that is easy to manage, this may be it.

FNBO Direct — 3.50% APY

[Side Note: On 7/01/08 Bank of America completed its acquisition of Countrywide Financial Corp. At this point, Countrywide Bank is remaining separately insured from Bank of America. However, it is likely that at some point it will be merged in.]

For $50,000 and above, the savings rate is 3.65% APY. Updated 07/08/2008.

They have over $121 Billion dollars in assets and are FDIC insured. Their FDIC# is 33143.

Countrywide Bank Savings Rate

If you like talking to a real person we can help with CDs, but we have a fee for that service. You can call us at 800-234-4605 or email us.

Bankrate.com gives them 3-stars which is average.  When I actually tried to review the report, there was an error.  Interestingly enough, there was a big ad for AARP on the site.  I’m jealous.  The rating system we use gives them the equivalent of 1-star.  That is for data reported as of 12/07.

I believe the deposit may be able to be held at Countrywide instead.  I saw some other people posting they wouldn’t dare let that happen.  Ironically, Countrywide has a higher rating in the system we use (3-stars), but everyone has been scared away by the bad press.  Bankrate.com has Countrywide as unrated.

So tread carefully.  I would recommend keeping funds under $100,000 if you go through with the deposit.  If you are doing POD accounts make sure it is titled correctly.  The FDIC regs say not only do the bank records have to clearly have the beneficiaries listed, but the letters POD or ITF have to be on the account title.

Here is the AARP link.

cd :O)

Here is their website, EmigrantDirect

cd :O)

They are quite a large bank with over $169 Billion in assets. In the US, they have multipel FDIC#s, but it appears the savings accounts are issued under FDIC# 57890.

Here is the link, HSBC Direct
.

Washington Mutual



 

WaMu is federally insured by the FDIC.  The FDIC# is 32633.  They are over $300 Billion in assets.

[Side Note: On 1/11/08 Bank of America annoucned they were buying Countrywide Financial Corp. Although I don’t believe this necessitates a merger of the banks, that will most likely happen.]

For $50,000 and above, the savings rate is 3.80% APY. Updated 05/21/2008.

They have over $99 Billion dollars in assets and are FDIC insured. Their FDIC# is 33143.

Countrywide Bank Savings Rate

If you like talking to a real person we can help with CDs, but we have a fee for that service. You can call us at 800-234-4605 or email us.

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

cd :O)