Thanks for the responses, https://www.virtualbank.com/Banking/eCDs.html I have a considerable amount to invest and I do not want to take any chances.
I found them on http://www.bankrate.com/cd.aspx
"On Friday, August 19, 2011, Lydian Private Bank, Palm Beach, FL, including its division Virtual Bank, was closed by the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed."
"Sabadell United Bank: commercial banking brand in the United States. Resulting from the acquisition of Mellon United National Bank and the integration of TransAtlantic Bank."
"VirtualBank ℠ is a trade name and service mark of Sabadell United Bank ®, N.A., member FDIC.
Deposits in VirtualBank and other divisions of Sabadell United Bank, N.A. are included within Sabadell United Bank, N.A.'s FDIC Insurance coverage and are not separately insured.
© 2014 Sabadell United Bank, N.A., a subsidiary of Banco de Sabadell, S.A. All rights Reserved"
I live in that area and I have never heard of them.
Thanks for the responses, https://www.virtualbank.com/Banking/eCDs.html I have a considerable amount to invest and I do not want to take any chances.
I found them on http://www.bankrate.com/cd.aspx