I see they have a high apr but had mixed reviews (on other websites)
One review said: There only offer two options for withdrawing funds1) Walk into a branch of their bank - Florida only.(2) Send a notarized letter with instructions.So we see that this is NOT internet banking here folks.It was easy enough to deposit the funds!
kamalktk said: If I can't get funds out electronically if there's no nearby branch, I'm not interested.You can set up an ach transfer if your external account lets you do that.
Treffen
Senior Member
posted: Nov. 6, 2007 @ 5:36p
welookgoodcom said: I see they have a high apr but had mixed reviews (on other websites)
One review said: There only offer two options for withdrawing funds1) Walk into a branch of their bank - Florida only.(2) Send a notarized letter with instructions.So we see that this is NOT internet banking here folks.It was easy enough to deposit the funds!
I see the conflict here on the FW site.
In the APR thread it says that it's an okay ACH target and in the QS on the old discussion thread it says the ONLY way to withdraw money is to walk in or send a notarized letter, so which is it?
I'm betting that DavidScubadiver has it correct and that you can just EFT funds both ways from another account that has the feature.
Now does anybody know how to link this as the current FW discussion thread for this account. I'm not up to that skill level yet and I don't want to make a mess.
Does not allow ACH withdrawals from your other banks, but allows ACH deposits (according to CSR. CSR recommended their free checking account to simplify withdrawals.)
Of course if you read the comments the CSR's are pretty clueless about the online part of the bank, maybe they've been trained by now. Still (I assume) you could transfer from saving to checking then ACH withdraw, or maybe you'd have to write a check. Given there are better rates avalible I don't see any reason to bother with this bank.
Treffen
Senior Member
posted: Nov. 9, 2007 @ 3:54a
mhesidence said: According to bank guy who asked a CSR.
Does not allow ACH withdrawals from your other banks, but allows ACH deposits (according to CSR. CSR recommended their free checking account to simplify withdrawals.)
Of course if you read the comments the CSR's are pretty clueless about the online part of the bank, maybe they've been trained by now. Still (I assume) you could transfer from saving to checking then ACH withdraw, or maybe you'd have to write a check. Given there are better rates avalible I don't see any reason to bother with this bank.
I'm up against FDIC limits and the way rates are changing, it's good to have something in reserve. But for the most part you have a point.
In any case I managed to change the link from the APR page to here and just in case I shouldn't have done that, here's the link to old thread:
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