Internet bank raises CD rates

  Is the fog lifting on low CD rates?   Probably not quite yet, but at least one bank raised their CD rates across the board this week.   VirtualBank is an online-only FDIC-insured bank that has offered competitive deposit rates on the web for over ten years. Keeping your money at a truly online-only bank is different than holding money at an online division of a brick-and-mortar bank. It’s greener.   Online-only banks mean... Read More

Who are the true Internet-Only Branchless Banks?

These days online banking is very common at FDIC banks. Customer can log-in and access their account information, transfer money and pay bills. In fact, if your bank does not offer online banking they are living in the past. But what is true green banking? Is it good enough to just have online access. After all, this saves paper and carbon emissions. What about banks that are brick-and-mortar, but have online divisions with a separate online presence... Read More