I thought the 5% interest offered by some online banks was great, but online banking just got even better for U.S. residents. FNBO Direct is offering 6% APY on current and new savings accounts and will keep that rate in effect at least until September 28, 2007. After September 28, FNBO promises to maintain a very competitive rate, although that rate will be effected by market conditions just as all bank rates are.
You only need to deposit $1 to start an FNBO Direct savings account , and all funds are FDIC insured.
Not sure online banking is right for you? Learn more about online banking before you abandon the idea, and be sure to check out FNBO Direct online bank, which services all states in the U.S. and is an online subsidiary of First National of Nebraska.