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WT Direct Internet Savings Rate

[UPDATED: 11/22/2008]   WT Direct is the internet presence of Wilmington Trust FSB. Their FDIC# is 33911. Wilmington Trust is headquartered in Baltimore, Maryland. As of March 08, they have about $683MM in assets, putting them in the medium sized bank category. They do have a 1st quarter loss of $2MM. Many banks these days do.

They made a profit of about $1.3MM at the end of 2007. They have an attractive savings rate available on the internet of 3.06% APY. There are some higher, but this is one of the best. However, if you have reached the FDIC limits at the other banks, this is a good one.

 

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