Posts made by atikovi

They denied my online application saying I applied for TWO accounts, which I didn’t. Wouldn’t their online application form prevent you from opening more than one account anyway?

Customers Bank business interest checking drops from 1.00% to 0.50% on April 20th.

@goldsheet Yes I saw that but pretty moot if the rate goes to 0.10%. I assume only one account per person.

I went and signed up yesterday. Already have external accounts set up today, so they are fast. Will see how long that rate lasts.

"Who is ZYNLO?
We’re an online bank created to provide people with flexibility in their banking. Funds are held by our parent company, PeoplesBank. Unlike many other online institutions, deposits with us are 100% insured – in other words there is no maximum amount of coverage."

So are they FDIC insured, and if so, how are deposits over $250,000 fully insured?

@goldsheet said in Best Nationally Available High APY Liquid Accounts:

@atikovi
since T-Mobile deposits are held at Customers Bank,
I would think $250,000 is the maximum combined insurance level.

Unfortunately that’s what I thought.

@goldsheet said in Best Nationally Available High APY Liquid Accounts:

To sign up via the web app, visit https://join.t-mobilemoney.com and follow the instructions to open an account.

T-Mobile MONEY accounts are held at BankMobile, a division of Customers Bank. Member FDIC.

1. That sends you to a application form. Where are the details and terms of the account posted?
2. If you already have a Customers Bank account, would you have to figure those deposits into this account to stay under the $250K FDIC insurance limit?

Customers Bank Ascent MMA .80 % to .75%

Just waiting for the ball to drop on my Customers Bank 1% business checking account.

First Foundation savings account was 0.75% now 0.60%