Is an additional 1% or less worth the hassle if the bank fails?
ING will give you 3.4%, Capital One will give you 4%, and the Fed is going to have to raise rates soon anyway.
Sure you could make an extra $900 or a year with that 1%, but you’d likely lose more than that in the time it takes to get all your money from the FDIC. That’s if they remain solvent.