Michele Lerner

Some consumers may assume that direct banks — a term for financial institutions that exist primarily online — are new and inexperienced additions to the banking world. But with some direct banks, such as FNBO Direct, the online-only operation is simply a division of a financial institution that’s been in business for decades. Despite its… Continue reading FNBO Direct Review: Cutting-Edge Accounts, 150-Year History

Mutual of Omaha Bank offers a wide range of deposit accounts and services to customers across the nation, including mobile and online banking. The bank has grown through the acquisition of other community banks, as well as bringing in new customers through its online banking operation.

When it comes to unique savings and investment products, EverBank is one of the industry’s leaders. While it has 10 brick-and-mortar banking and lending branches in Florida, its online accounts — and the terms that come with them — are the source of much of the attention around this institution. Headquartered in Jacksonville, Florida, EverBank… Continue reading Everbank Offers High-Yield Pledge to Savers

Since 1812, when the financial institution known today as Citibank was founded as the City Bank of New York, the company has been on the leading edge of banking.

Flagstar Bank, the largest bank headquartered in Michigan, celebrated its 25^th anniversary in 2012. The bank is one of the 15 largest savings banks in the country.