EmigrantDirect.com savings account 3.0%apy

alm4rr

Diamond Member
Dec 21, 2000
4,390
0
0
no fees
no minimums

About Emigrant
Emigrant Savings Bank was founded by Irish emigrants as a mutual savings bank in 1850. By the 1920?s it had grown to become the largest savings bank in the nation.

Today, Emigrant has $10 billion in assets and more than $1 billion in net worth. It operates as a full service bank through 36 branches in the New York metropolitan area, and through EmigrantDirect.com on the internet.

As a traditional savings bank, Emigrant originates home loans in New York and 19 other states. Last year, Emigrant provided 5,000 home loans totaling $1.62 billion. As of year-end 2004, Emigrant has 250,000 depositors and 22,000 home loans. In addition to its own substantial loan portfolio, Emigrant has a loan-servicing portfolio of more than $7 billion for third parties.

Emigrant's wealth management division, New York Private Bank & Trust, has its own deposit products starting at $1,000,000. Emigrant Savings Bank is regulated by both State and Federal regulators. All deposits are insured by the FDIC up to the legal limit.
 

edprush

Platinum Member
Sep 18, 2000
2,541
0
0
Originally posted by: alm4rr
no fees
no minimums

About Emigrant
Emigrant Savings Bank was founded by Irish emigrants as a mutual savings bank in 1850. By the 1920?s it had grown to become the largest savings bank in the nation.

Today, Emigrant has $10 billion in assets and more than $1 billion in net worth. It operates as a full service bank through 36 branches in the New York metropolitan area, and through EmigrantDirect.com on the internet.

As a traditional savings bank, Emigrant originates home loans in New York and 19 other states. Last year, Emigrant provided 5,000 home loans totaling $1.62 billion. As of year-end 2004, Emigrant has 250,000 depositors and 22,000 home loans. In addition to its own substantial loan portfolio, Emigrant has a loan-servicing portfolio of more than $7 billion for third parties.

Emigrant's wealth management division, New York Private Bank & Trust, has its own deposit products starting at $1,000,000. Emigrant Savings Bank is regulated by both State and Federal regulators. All deposits are insured by the FDIC up to the legal limit.

Anybody ever seen one of their bricks and mortar banks?

Wtf, "Emigrant Bank" sounds as palatable as "Slavery Savings and Loan".