Emigrant Direct Savings Account Rates

The stock market conditions are showing consistent slow down signs while the inflation is reaching at its peak. In such situations one realizes the need of having savings or investment for tackling the situation effectively. It is high time to start saving now.

A Savings Account is a good option. Now the banks offer real good returns on your investment. For instance EmigrantDirect is offering 2.75% APY* on Savings Accounts. There is no minimum balance requirement. You can earn a high interest for every cent you deposit. You get 24×7 access to your account at EmigrantDirect.com. You can access your funds at anytime. All your funds at EmigrantDirect are FDIC insured up to $100,000 per depositor.
*The listed Annual Percentage Yield is effective as on March 21st, 2008 and is subject to change without notice.

You can open your account today through their website. You need to make your initial deposit by check while all other withdrawals & deposits are done online through external transfer function. You can also open beneficiary accounts through online application by specifying the address, social security number and phone number of the beneficiary.

Emigrant Direct is an online division of Emigrant Bank. Emigrant Bank was found as a mutual savings bank in 1850 by the Irish immigrants. By 1920 it became the largest Savings Bank in the nation. On 31 December, 2006 its assets totaled to $13.8 billion approximately with $890 million in net worth. It operates through 35 branches in the New York metropolitan area. It is regulated by both Sate and Federal regulators.

Now you can get the flexibility, freedom and security by opening your account today. Personal Banking has never been so rewarding as it is with EmigrantDirect! In case of any queries please call 1-800-836-1997, seven days a week, 8:00 AM – 11:30 PM ET to speak with their Customer Service Representative.