This doesn't seem right....

[Deeko]

I found a credit union here that has 6.01% on checking, with no minimum. That doesn't seem normal?

 

[Dr. Detroit]

Introductory rate that will only be guranteed for 30-days?

That is unusually high though as its not easy to find a 4% CD these days.

 

[ChaoZ]

Not FDIC insured?

 

[Eeezee]

Originally posted by: ChaoZ
Not FDIC insured?

I recall a ton of people in EVE Online were putting EVE money (whatever it's called) into an online bank that some guy made, and in some cases people were dumping thousands of USD worth of the stuff into this bank for the promise of high returns (10%+). I read an article about him, he walked away a millionaire and all of those people got screwed

 

[KLin]

Originally posted by: Eeezee

Originally posted by: ChaoZ
Not FDIC insured?

I recall a ton of people in EVE Online were putting EVE money (whatever it's called) into an online bank that some guy made, and in some cases people were dumping thousands of USD worth of the stuff into this bank for the promise of high returns (10%+). I read an article about him, he walked away a millionaire and all of those people got screwed

Holy crap what a great idea.

/runs off to start a bank in WoW.

 

[Baked]

Originally posted by: Eeezee

Originally posted by: ChaoZ
Not FDIC insured?

I recall a ton of people in EVE Online were putting EVE money (whatever it's called) into an online bank that some guy made, and in some cases people were dumping thousands of USD worth of the stuff into this bank for the promise of high returns (10%+). I read an article about him, he walked away a millionaire and all of those people got screwed

Dum dum dum!

Originally posted by: KLin


Holy crap what a great idea.

/runs off to start a bank in WoW.

They do that in WoW already, it's called a guild bank.

 

[SampSon]

Read the fine print.

 

[Deeko]

Its NCUA insured...the credit union version of FDIC. Says the rates can "vary with the market" but will be 6.01% until at least June.

 

[her209]

http://bankdeals.blogspot.com/

 

[Farang]

No minimum? My credit union gives 7.25% on checking and savings up to $500

 

[Deeko]

Apparently there are others. Good to know.

 

[Deeko]

Originally posted by: Farang
No minimum? My credit union gives 7.25% on checking and savings up to $500

No minimum, 6.01% up to 40,000, something like 2.85% after that.

 

[Farang]

I feel like I'm misunderstanding something.. if there were no maximum that might be strange. But I've had this for years. BECU

edit: wow up to 40,000 is different than me.. nevermind.