Virtual Bank Increases Rates on Money Market Accounts, Savings Accounts, and CDs

Virtual Bank is division of Lydian Private Bank which has been operating as an “internet-only” bank for over 5 years. Without branch overhead VirtualBank has been able to consistently pay some of the top rates on their deposit products. VirtualBank increased rates this week with the following rates available to online banking customers:

eMoney Market Accounts [...]

The 4 Online Bank Stalwarts: VirtualBank, Capital One Bank, First Internet Bank, and Bank of Internet

One of the biggest questions asked about online banks and the deposit deals they offer is whether or not they will continue to offer competitive deposit rates or will new customers who open a promotional checking account, savings account, money market account, or CD find their rates lower in the future. The annoyance and cost [...]