Washington Bank Offering High Yield Savings Account
October 16, 2008
It is always a good week for a savings account customer when the Fed lowers short-term interest rates by 50 points, but their bank increase the rate on their savings accounts. Customers of Venture Bank in the state of Washington were fortunate enough to benefit this week from an increase up to 3.80% APY on the Venture Bank Direct Wise Choice Online Savings Account despite the dramatic movement by the Federal Reserve with the fed funds rate. Venture Bank has 18 branches in four western Washington counties with approximately $1.2 billion in assets, but their online savings account is available nationally for customers.
- Ten minutes online sign-up
Find more online savings accounts with high rates at Money-Rates.com
Anonymous
15 December 2008 at 3:09 pm
I checked out venturebankdirect.com. They are in the process of launching their online checking account. Savings accounts are earning 3.6% APY. Still on the upper end of savings returns.
Anonymous
14 November 2008 at 11:53 am
I signed up for an online savings account with Venture Bank Direct, it was quick and easy.
I like the high APY and no minimum balance.
Anonymous
17 October 2008 at 6:42 am
awesome I live in Washington and did not know of this deal