My Savings Direct, a division of Emigrant Bank



2019 Overview

General Online Bank Information

Deposits FDIC Insured Yes
Insured Bank Emigrant Bank
FDIC Certificate # 12054
Date Established 1850
Assets $5.68 billion
Loans $3.85 billion
Deposits $4.37 billion
Capital $1.2 billion
Money that you deposit is held by Emigrant Bank. Emigrant Bank is an FDIC insured institution founded in 1850. It has approximately $5.68 billion in assets.

For a more detailed analysis of Emigrant Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - January 20, 2019

Online Savings and Money Market Rates APY MIN MAX
Online CD Rates APY MIN MAX
6 Month CD
2.40% $1,000 - Learn MoreShow Less
30 Month CD
1.30% $1,000 - Learn MoreShow Less
60 Month CD
1.65% $1,000 - Learn MoreShow Less

Bank Offers

My Savings Direct Raises Online Savings Rate to 2.40%
Dec 5, 2018

My Savings Direct, a division of Emigrant Bank, has raised their online savings rate to 2.40%.   This is currently the best online savings rate available nationally.   


Customer Reviews for My Savings Direct, a division of Emigrant Bank (15)


  • Steve in philly

    December 21, 2018 |

    Online Savings Rates

    I've found site easybtonuse and they are highest. If they stop being highest I can easily move. And emigrant is huge bank

  • Watch

    December 17, 2018

    Online Savings Rates

    I think you all should stop complaining about online banks shifting their rates. You are responsible to watch the rates. If I'm putting money into an online bank account I'm not expecting them to be my best friend. However it's my responsibility to watch my money as often as possible if not daily. And then they drop the rate I look for a better one. I think it's pretty straightforward and very simple. All this whining about online banks changing their rates well that's their prerogative. You don't like it go to a regular Bank what's the difference? Big difference online banks evidently pay higher rates.

  • Alison

    November 15, 2018 | | Replies 1

    Online Savings Rates

    It doesn't look professional at all, but the site is easy to set up and the rate is real.

    aclient | Jan 20, 2019

    Looks are deceiving. Not only does it appear very professional but with 2.4% on a savings account it's a winner. I'm waiting till mid-December to see what the next step is with the feds. Will the feds hike the rate again is the big question. At that point I will consider a CD.

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