UFB Direct appears intent to remain the rate leader for a no-minimum savings account. Yesterday they raised the rate of their High Yield Money Market Savings Account from 5.28% to 5.32% APY. This just beats out newcomer, iGobanking.com which launched its no-min online savings account last week with a rate of 5.30% APY (see post). For more info on UFB Direct and this savings account, please refer to this previous post. I hope more online banks will want to compete for this title.