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Originally Posted by krayziebone33
Sweeps is absolutely correct, but I still want to caution you. Just because a bank has a high APY and is FDIC insured does not mean that you shouldn't be diligent in researching them and getting to know as much as you can about them (i.e. when they were established, what they offer, fee schedules, etc.). Often times, something good or bad will stand out during your research that will incline you to either open the account with a certain institute or to keep looking around for something else.
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I was specifically interesting in the site, Igobanking.com, i've seen a few commercials on them but haven't really heard people talking about them. I'll see what more I can find out on my own. thanks