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Looking at Dollar Savings Direct

Category: Bank Profiles- gotalkmoney.com- 9:34 am/ October 14, 2008

If you’ve been in the hunt for a money market account lately, you’ve probably come across the bank Dollar Savings Direct.  As of October 2008, they’re offering the best rate in the nation at a very attractive 4.00%.  Some consumers have had questions about this bank and here’s a little information about them –

  • Dollar Savings Direct is a division of Emigrant Bank.  Emigrant Bank was founded in 1850 and is FDIC insured with over 14.7 billion in assets.
  • There are no fees with the account.
  • $1,000 minimum balance required to open the account.
  • Opening an account is easy.  You just need to be 18 years old, have a social security number, and a legal US address.

To get more information on Dollar Savings Direct, visit their landing page.

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