East Boston Savings Bank also offers a nationwide internet savings account at EBSBdirect. It had been offering 2.81% guaranteed through September, but that is now over. The current rate is 1.75% APY for balances over $50K as of 7/14/09 (account review).
East Boston Savings Bank has decent ratings for safety and soundness: 4 stars (excellent) at BauerFinancial and 3 stars (performing) at Bankrate. Both ratings are based on 3/31/09 financial data. It has been a FDIC member since 1991 (FDIC Certificate # 33510). Deposits over the FDIC limits are insured by the private Depositors Insurance Fund (DIF).
Thanks to the reader Scott who mentioned this special in the Daily News & Deals Page.
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