Quote:
Originally Posted by weissheit
I cannot find a rating for DSD, but I find three for Emigrant out of NYC, where Emigrant is based. Two of the ratings are three stars, performing, and one rating is one star, lowest rating. As DSD is a division of Emigrant and not a legally separate & distinct bank chartered corporation, I'd presume the ratings of the Emigrant inure to DSD. Go with Doral if ratings are a concern, they are 5 stars, Superior, but they are down to 2.25% nowadays.
|
Thanks. Yea, I figured DSD's health would be tied to Emigrant's. If interested, DSD is listed separately--if you go to "Money Market High Yield ( $10K MMA ) and Savings Account Rates" and sort by APY, it will be the third bank listed.
I guess my question is should rating be a concern? Does anyone here have money with a "one-star" institution, or do you avoid them at all costs?