EBSB Direct is a new online division of East Boston Savings Bank
2.81% APY on balances over $50,000
The rate is 2.00% APY for balances from $5,000 to $50,000.
Minimum balance to open is $5,000.
Maximum balance is $1 million.
$5,000 minimum balance requirement to earn interest and to avoid a monthly fee.
$15 monthly fee if balance falls below $5,000
Visa Debit card is available
No check writing
Limit of 6 withdrawals per month as typical from a savings account
No limits on the number of deposits
FDIC insured since 1991 (FDIC Certificate # 33510).
Deposits over the FDIC limits are insured by the private Depositors Insurance Fund (DIF).
Available nationwide
http://www.ebsbdirect.com/
