I guess in today’s climate there is no clear safe bank. But if I were to bank, I’d bank in a bigger institution. That said, FYI

FWIW: Some of you might have an online account with emigrantdirect.com (I remember they use to be one of the higher interest payees for online savings).Well i think Emigrant Bank has a 4, ** rating.
http://www.bankrate.com/brm/safesound/rating.asp