3.62% at Resource Bank

docsoc · 08-04-2005, 08:53 AM

Minimum deposit 10,000.
They seem to be a new entrant into the competition for our money.
Great rate. Certainly a lot better than the 3.15% ING gives if you have the 10 grand.
http://www.resourcebankonline.com/e_money_market.htm or http://www.bestcashcow.com

brainsmile · 08-04-2005, 09:13 AM

Interesting... anyone know anything about them?

docsoc · 08-04-2005, 09:01 PM

I know nothing about them, but they are FDIC insured. What more do you really need to know?

brainsmile · 08-04-2005, 11:32 PM

well it seems that they have a lot of fees...

InfiniteNothing · 08-05-2005, 10:46 AM

Quote:

Originally Posted by docsoc

Minimum deposit 10,000.
They seem to be a new entrant into the competition for our money.
Great rate. Certainly a lot better than the 3.15% ING gives if you have the 10 grand.
http://www.resourcebankonline.com/e_money_market.htm or http://www.bestcashcow.com

On 10K.... the difference is less than $4/month.

edie · 08-17-2005, 06:29 PM

They don't all -- or mostly -- have a lot of fees. Emigrant has no fees at all. bestcashcow.com has the best list of banks, rates and other info. that I have been able to find. Has anyone found a better one?

modena · 08-18-2005, 07:48 AM

yea ing is at 3.30% now, not 3.15%

modena · 08-18-2005, 07:56 AM

thus on $10000 deposit the difference in interest per month is $2.67.
The yearly difference is $33.03 betweem 3.62% abd 3.30% on $10000

Thesifer · 08-18-2005, 10:12 AM

Which is really a decent amount of money when it comes to interest.. But I would rather stay with ING for some reason.. I trust them more.. and dont feel like changing banks again.

modena · 08-18-2005, 12:32 PM

Right what I was saying is this, is $33 more worth a reduced sense of ease with your investment/savings money. And someone said there were some fees at the 3.62% bank, so the yearly amount was just so you compare that do what you may have to pay. I also just feel more confident with my money at ING than at some of these others.

08-04-2005, 08:53 AM	#1
docsoc Ensign Join Date: Jul 2005 Posts: 9	3.62% at Resource Bank Minimum deposit 10,000. They seem to be a new entrant into the competition for our money. Great rate. Certainly a lot better than the 3.15% ING gives if you have the 10 grand. http://www.resourcebankonline.com/e_money_market.htm or http://www.bestcashcow.com

08-04-2005, 09:13 AM	#2
brainsmile Chief of Naval Operations Join Date: Jun 2000 Location: woah... why is welfareloser here with me so early in the morning and more importantly why am I wearing her clothes?!? Posts: 13,754	Interesting... anyone know anything about them? __________________ ********************************** DCM #1 (Founder) "Nobody beats Vitus Gerulaitis 18 times in a row." - Vitus Gerulaitis on beating Jimmy Connors after 17 failed attempts.

08-18-2005, 07:48 AM	#7
modena Captain Join Date: Feb 2002 Location: pa Posts: 1,741	yea ing is at 3.30% now, not 3.15% __________________ WoW - Perenolde - chars: intron, modena Computer - AMD 64 3700+ 939 on NF4 SLi mobo (ZALMAN CNPS 9500), 2 GB DDR466 (2-3-2-5), XFX Geforce 7900GT 256mb (520mhz core, 24 pipes, 1500mhz memory), Western Digital Raptor 74GB Serial ATA HD 10k, 850GB in other HD's, 21in Widescreen LCD

08-18-2005, 10:12 AM	#9
Thesifer Vice Admiral Join Date: Jun 2003 Location: Oklahoma Posts: 4,338	Which is really a decent amount of money when it comes to interest.. But I would rather stay with ING for some reason.. I trust them more.. and dont feel like changing banks again. __________________

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08-04-2005, 09:01 PM	#3
docsoc Ensign Join Date: Jul 2005 Posts: 9	I know nothing about them, but they are FDIC insured. What more do you really need to know?

08-04-2005, 11:32 PM	#4
brainsmile Chief of Naval Operations Join Date: Jun 2000 Location: woah... why is welfareloser here with me so early in the morning and more importantly why am I wearing her clothes?!? Posts: 13,754	well it seems that they have a lot of fees...

08-17-2005, 06:29 PM	#6
edie Plebe Join Date: Aug 2005 Posts: 3	They don't all -- or mostly -- have a lot of fees. Emigrant has no fees at all. bestcashcow.com has the best list of banks, rates and other info. that I have been able to find. Has anyone found a better one?

08-18-2005, 07:56 AM	#8
modena Captain Join Date: Feb 2002 Location: pa Posts: 1,741	thus on $10000 deposit the difference in interest per month is $2.67. The yearly difference is $33.03 betweem 3.62% abd 3.30% on $10000

08-18-2005, 12:32 PM	#10
modena Captain Join Date: Feb 2002 Location: pa Posts: 1,741	Right what I was saying is this, is $33 more worth a reduced sense of ease with your investment/savings money. And someone said there were some fees at the 3.62% bank, so the yearly amount was just so you compare that do what you may have to pay. I also just feel more confident with my money at ING than at some of these others.

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