Still Saving with WaMu Are You?
Despite the recent name change and/or JPMorgan Chase buyout of Washington Mutual Bank, you may still be feeling the “wooo-hooo” love with the (free) online savings account at WaMu. Currently collecting interest with an APY of 3.00%, you won’t be getting rich quick but you also won’t be pulling you hair out, watching your precious investments drop like that of a current IRA (and/or stock market) value 
According to the (reassuring) notice at chase.com, all bank deposits are totally safe and business is carrying on as usual with WaMu steady representing with the same service as well as their name/logo across your statements, checks, deposit slips, ATM’s and bank branches. That is, of course, until JPMorgan Chase slowly weans their respectable name and logo into the mix officially.
To Note: GMAC Bank presently has the highest APY on a (free) savings account of 3.60% with a minimum balance of $500 along with a limited number (6) of monthly transactions. See for yourself!
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