Just use caution with banks offering a much higher rate than other
good offers. It may be that the bank needs liquid assets urgently to
cover defaults...

HTH

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In a article in the WSJ on online banking listed three banks paying
higher interest rates. One was Southern Community Bank, Winstom-Salem,
It has a checking account paying 6.00% on deposits up to $25,000.
Conditions are 10 or more debit card purchases each month and one
direct deposit or automatic draft.I would be interested to know if a
member has had any dealing with this bank

------ Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.