Re: Virtual Bank
5.25% is awesome. I wish I had a local bank paying that. As far as Virtual Bank goes, I put in a $100 and now have $200. That means I made a 100% return. I can live with that. Plus, I can access my account 24 hours a day from my computer or via phone. No need to drive to the bank.
Also for whoever wrote the blurb on keeping your money local - I wish I lived in your world. Every local bank I have near me is owned by a holding company located "who knows where." Plus, I don't know if you ever noticed but the truly local banks who are not owned by a holding company are often owned by a families who have been raking in it for years and charging above market rates to those who need loans the most. Thanks for your input though.
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