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DollarSavingsDirect vs EmigrantDirect
Old 08-25-2008, 12:03 PM   #1
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DollarSavingsDirect vs EmigrantDirect

Just read an article on CNNMoney about the 3.75% savings rate for, a new online savings account by Emigrant Bancorp.

I'm a bit confused by the difference between and, though, since the latter (where we have our emergency fund) has no mention of the news and still claims a 3.0% rate.

Aren't these financial institutions the same or do they simply share the same holding company?

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Old 08-25-2008, 02:44 PM   #2
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It appears that the only difference is the $1,000 min. for doll.sav.dir. and no min. for emig.dir. They are the same company. Even their home page looks exactly the same.
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