Talk of The Villages Florida - View Single Post - Where to put short term cash
Thread: Where to put short term cash
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Old 07-16-2010, 11:15 PM
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Quote:
Originally Posted by Shimpy View Post
Was just there today and MM acc'ts are paying .85 on acc'ts up to 100k.
Yipes, .85! Soon we'll be paying Citizens to tend our money. It looks like it is time to move money out of Citizens MM. I've been using it cuz it is easy while I'm seasonally away.

Are the "online" companies really safe? (Ing, Ally, Everbank, etc.) I gather that they all covered by FDIC. But is one "safer" than another?

I know I'm old fashioned, but dealing with tellers and real buildings just seems safer.
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