ShoreBank Direct with Online Best Savings Account at 2.80% APY
ShoreBank Direct pushes for their online high yield savings account that earns 2.80% APY. This good money in the bank opportunity only takes $1 to initially fund and does not collect any monthly fees.
Another approach of the bank is combining financial management with saving the environment endeavors as they invest in the creation of green collar jobs, push for energy efficiency, and decreasing the amount of waste.
To open this high interest savings account, interested consumers can apply through the bank’s website. They will email you bank if your account has been approved. The bank might ask for more information in case you give them insufficient data.
Trial deposits and withdrawal will be made to verify the funding account. Once these are done, you can proceed with the initial deposits.
Your funding can come from any chartered bank in the United States and you just have to provide the account and routing numbers so the wiring of funds can be set up.
ShoreBank Direct is the online Division of Shore Bank. Shore Banks was established in 1973 and is insured with the FDIC.
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