SFGI Direct is now paying 1.16% APY on its savings account. This is the top rate available in the country for this term.
To open an account with the bank you will have to maintain a minimum deposit of $500. SFGI Direct is the online division of Summit Community Bank. It has 15 branches in West Virginia and Virginia.
Discover Bank and CNB Bank Direct are offering the next best rate of 1.15% APY on the same minimum deposit of $500.