Dollar Savings Direct is the online banking division of Emigrant Bank, which was founded in 1850. As a direct bank, it operates without physical branches, allowing it to offer higher interest rates on its savings products. It provides FDIC-insured savings accounts and CDs to customers across the United States. Its mission is to offer secure, high-yield savings options with the stability and backing of its parent company, Emigrant Bank, which is one of the largest privately held, family-owned banks in the United States.

Founded in

United States