Re: ING Direct vs Emigrant Direct Bank
You have just to find a bank with the highest rate that best meets your requirements. I like Emigrant Direct the best because I can get my funds transferred in 1 business day(may depends on your bank). ING Direct takes 2 business days. And Capital One has a money market that allows you to write 3 checks a month. So it all depends on what your needs are.
I also like banks that's well funded meaning BIG banks with LOTS of money especially ones with MORE assets than liabilities. You can read up on the bank's balance statement by going to fdic.gov. As of 12/31/04, I believe ING Direct has 36B in assets followed by Emigrant Savings(incl. Emigrant Direct) with 10B.
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