Countrywide Bank is still paying 5.35% APR (5.50% APY) on liquid deposits of $10K- $100K For a $250K account 5.49% APR (5.65% APY)
On a 1 YR CD it's 5.50%. All FDIC insured to the limits.
ANY FDIC account is just as "reputable" as another.
What makes you think WORLD SAVINGS is so reputable ???
Well, what I consider
1) easy access at a branch in del mar
2) prior banking history
3) sufficient time to roll teaser cd's without auto-reenrolling in a lower rate.
I would use countrywide, except I'm not aware of any local branches (could be wrong). When the CD matures, I want to be able to move things out in person.
