Online only banks or internet banks are not a novel concept for the investor and have been around long enough to be tried and true. Though a fine line does exist between internet only banks and their brick and mortar peers, online banks are blurring that line more and more each day.

Internet Only

Certificates of deposit, often referred to as CDs, are time deposits.   Certificates of deposit are defined as low risk investments provided by banks and other lending institutions.  CDs are when you give… » Read more

Money that isn’t necessary to keep you above the negative side of your checking account can be best put to work earning interest.  Deciding how to invest that money and choosing the best bank can be a hard decision.  You want to know the money is still there no matter what the economy does… » Read more