5.50% Savings Rate at E-Loan

While I do not ever plan to close my account at Emigrant Direct, I have to follow the money. E-Loan just opened up their online savings bank with a great 5.50% APY. Hopefully Emigrant will follow suit. The account has been open for less than a month and so far, so good. They were lightning quick with taking my money, and hopefully they will be just as expedient in transferring in back when the time comes.