Company Information

Get to know Dollar Savings Direct

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.

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Financial BankingPRIMARY
Financial Other Service

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Dollar Savings Direct

United States

Founded in

1850 (176 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.