What bank do you all use (savings)?

[CGeorge]

I use Ally Bank for my primary checking and savings - and since I switched about a year ago, I have never looked back.

I kept a small account at my large regional local bank that I had had, but I recently left them as well, and joined a terrific credit union.

I couldn't be happier!

Online banks for higher interest earnings, and credit unions for local banking - yes!

[Anonymous]

Amex is my savings "hub" account as it pays 1.65% but I move $$$ all the time from there to capture sign up bonuses... I'm on track to make over $3k just of sign up bonuses this year... it's kind of annoying to make a spreadsheet to keep track of the requirements for each account but for $3k... I'll deal with inconvenience. check out doctor of credit or hustler money blog for info about bank bonuses. 

[CGeorge]

I, too, keep a spreadsheet - which tracks a variety of things! I love the number crunching....

[Anonymous]

I'm using a Chase checking account as my deposit account, wages and cash get deposited there then distributed to bills, investments and savings. Then I have a Discover checking and savings used for emergency fund. 

[Anonymous]

DCU for checking and saving. 

Best financial institution I have ever tried. 

[Anonymous]

I keep minimums in a couple local banks (for convenience), and the rest is online.

I couldn't be happier with Discover savings! They keep up with the top tier rate (Maybe 5 points lower than Goldman Sachs or CIT) but their 24/7 phone reps are great, which provide better peace of mind to me than any of the local banks.

[Anonymous]

Barclays Savings 1.65% APR (next day transfers into my CU checking account if ever needed)

NFCU 15-month CD 2.25% APR

[Anonymous]

As an addendum to my previous answer, I also have been doing some T-Bill laddering...buying 13 week T-Bills through Treasury Direct, yield has been creeping VERY close to 2%, which still doesn't amount to a hill of beans, but still better than the 1.7 % that Goldman Sachs is paying.  Decent liquidity, decent return, interesting little addition to my arsenal.

[iced]

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@Scott90 wrote:

I use BoA for checking/saving but I am curious as to what banks others use? 

I recently got an advertisement in the mail for CapOne's 360 Money Market which has 1.60% APY.... significantly higher than BoA and most other banks. Then there are online banks (CIT, Synchrony, etc.) that offer higher returns too. I am just wondering if there is something I am missing here because to me it seems like a no brainer that I should switch so my savings actually earns something. I understand there will be a tax bill at the end of the year from doing so but switching would still come out with more earned even after paying taxes.

What are your thoughts?

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My SO and I use multiple accounts for savings:

- DCU for 5%.

- Capital One at 1.6%.

- Barclays at 1.65%.

- 12-month CDs at 2%.

- We also have a bit spread across various brokerages earning 0%, held short-term until stock is purchased with it.

[601flyguy]

I try and keep my savings in high yield accounts. I have
First Financial Bank @ 4.xx% up to 15k
Heritage Bank @ 3.3% up to 25k

I have a few Insight Visas and constantly looking for places to park money/SUB