[goodtosave]

Resource Bank offers the 3.31% APY in a money market account with a min. of 10K. And you are also limited to 3 withdrawals a month. Can they keep up their competitive rates with ING Direct and Emigrant Direct.

My personal experience over the past 2 years with bricks and mortars banks are that their great rates don't last too long. I could be wrong with Resource Bank.

Here's the fine print with Resource Banks.

Balance Information: We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. You must maintain a minimum balance of $10,000.00 in the account each day to obtain the disclosed annual percentage yield.

Limitations: You must deposit $10,000.00 to open this account. This account allows unlimited deposits. You are limited to three withdrawals per month from this account. These withdrawals may be made by check, preauthorized or automatic transfers, and by order or instruction.

Account Fees: A minimum balance fee of $10.00 will be imposed monthly if the balance in the account falls below $10,000.00 any day of the month. If you exceed 3 withdrawals in a month, their will be a $10.00 charge for each excess withdrawal.