3.25% APR in Emigrant-Direct's Savings Account

We just learned from the site "MyDollar" that the Emigrant-Direct Bank,
NY has increased its interest rate in Savings account to 3.25%. No
minimum deposit is required. That is the highest rate in USA and is a
much better investment than locking your money in Certificate of
Deposits (CDs) which may be offering less interest rate.