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ING DIRECT Orange Savings Current ING DIRECT Savings Rate: 
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ARTICLES
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Online Savings Accounts Online banking is turning mainstream. When online banks first came out, there was interest, but a lot of people remained weary, especially of the banks that didn’t have a bricks and mortar location they could access. Times have changed. Online banking has gotten more and more popular with consumers. Online banks utilize internet technology to help customers save time associated with managing finances the traditional bricks and mortar banking way. Customers are moving to online banking for many reasons. Online banks offer a great convenience of being able to log on to your account and manage your finances from your own computer. Additionally, as with other banks, they can be FDIC insured, which offers protection for your deposits. Often times, online banks can offer better interest rates, especially since they are able to keep their costs down by transacting via the internet. Selecting your bank account via the internet has a number of advantages. Many internet accounts offer: High interest Rates No service charges No or low minimum balance requirements 24-hour account access Convenience of managing finances from home Simple Online Application to get started When considering which bank to select, be sure that the bank is FDIC insured. FDIC stands for Federal Deposit Insurance Corporation. The FDIC is an independent agency that has been around since 1933, and it supervises banks and insures deposits up to $100,000. The agency was designed to create stability in the banking system. |
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