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Based on 1 user review.

Virtual Bank

P.O. Box 109638
Palm Beach Gardens, FL 33410
1-877-998-BANK (2265)
www.virtualbank.com

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Lydian Private Bank (d/b/a Virtual Bank) , Palm Beach, Florida, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Sabadell United Bank, National Association, Miami, Florida, to assume all of the deposits of Lydian Private Bank.

Virtual Bank Continues Under New Bank - 8/29/2011

The parent of Virtual Bank, Lydian Private Bank, was seized by regulators on August 19th and the FDIC arranged for Sabadell United Bank to assume all deposits. There have been cases in the past when t ...

Virtual Bank Dropped Top Rate On Its Emoneymarket From 1.06% To 1.01% (Forum) - 8/16/2011

Virtual Bank dropped top rate on its eMoneyMarket from 1.06% to 1.01% APY for $100,000 minimum balance. Rates page: http://www.virtualbank.com/Bankin...gRates.asp

4.34% 12-Month / 4.13% 9-Month CD at VirtualBank - 8/6/2008

VirtualBank increased yields on several of its certificates of deposit. The 12-month CD now has a yield of 4.34% APY. The 9-month CD is also very competitive with a yield of 4.13% APY. The minimum deposit is $10,000.This was going to be my first post for...

5.55% 12-Month CD at VirtualBank - My Experiences with a VirtualBank CD - 7/10/2007

Update 8/7/07: The 12-mo 5.55% CD has ended. It's now 5.13% APY.VirtualBank just increased the rate on its 12-month CD from 5.39% to 5.55% APY. The 5.55% APY is now the best yield for a one-year CD that's available nationally. The 6-month CD rate also...

2006

4/19 - ING Direct / VirtualBank Referral Bonuses

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See Rates for: Checking | Savings | Money Market | CD

Virtual Bank Checking Account Rates

	Apy	Min	Max	Product
	0.65%	$50k	-	High Yield Checking

Virtual Bank Savings Account Rates

	Apy	Min	Max	Product
	0.40%	-	-	Virtual Savings

Virtual Bank Money Market Rates

Apy	Min	Max	Product
1.01%	$100k	-	eMoneyMarket
0.75%	$95k	-	Premium Money Market

Virtual Bank CD Rates

Apy	Min	Max	Product
1.77%	$10k	-	5 Year eCD
1.66%	$10k	-	4 Year eCD
1.51%	$10k	-	5 Year Regular CD
1.41%	$10k	-	3 Year eCD
1.41%	$10k	-	4 Year Regular CD
1.21%	$10k	-	2 Year eCD
1.16%	$10k	-	3 Year Regular CD
1.01%	$10k	-	12 Month eCD
1.01%	$10k	-	18 Month eCD
0.95%	$10k	-	2 Year Regular CD
0.85%	$10k	-	9 Month eCD
0.80%	$10k	-	6 Month eCD
0.75%	$10k	-	12 Month Regular CD
0.75%	$10k	-	18 Month Regular CD
0.60%	$10k	-	3 Month eCD
0.60%	$10k	-	6 Month Regular CD
0.60%	$10k	-	9 Month Regular CD
0.40%	$10k	-	3 Month Regular CD
0.25%	$10k	-	1 Month eCD
0.25%	$10k	-	2 Month eCD
0.20%	$10k	-	1 Month Regular CD
0.20%	$10k	-	2 Month Regular CD

Rates updated: 2/8/2012

VirtualBank's New Login Security Feature - PhoneGuardian
3 stars

- KenBDG - Monday, September 6, 2010 - 2:51 PM

As I logged into my VirtualBank account today, I noticed a new login requirement. After you enter your user name and password, they display a code on the screen, and this code must be entered by phone. You can select the phone number for them to use based on what they have on record. Once you select the number, it will call your immediately and an automated voice will ask for you to enter the code that you see on the screen.

VirtualBank calls this PhoneGuardian, and according to VirtualBank it should only be required when it can't recognize your computer. So you won't have to go through this process every time from the same computer.

It's a nice security feature that seems like it would make it very tough for a hacker to break into your account.

I just wish VirtualBank's eMoney Market account had better rates. However,they do often have competitive CD rates. I just noticed their 9-month eCD yield is competitive at 1.26% APY as of 9/06/2010.