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Wednesday, June 16, 2010 - 5:10 PM

Danvers Bank (MA)

Danversbank (5 stars)
I started my Reward Checking Account (RCA) endeavor with this bank "many" years ago (6% APY).  I still have two accounts with them (grandfathered $100K limit, 4.01% APY).  They have a large asset ($2B) and excellent customer service.  One can access their president via e-mail, e-mails are returned within a day (usually by high authority like VP or above).  Their (nationally available) RCA rate has been steady for several years while other banks fall left and right.  My favorite features:

1. $100K (grand-fathhered) high RCA rate (4.01%)

2. Near-by bank location (within 10 minutes of my home)

3. Offer $5 for each hidden customer feedback (by invitation only)

4. Warm customer service with friendly accommodation

5. Free starter checks
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51hh51hh1,044 posts since
Jan 16, 2010
Rep Points: 4,760
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