Discover Bank

Discover Bank is an online bank in the United States and is a direct banking subsidiary of Discover Financial Services (NYSE: DFS), a major credit card issuer in the United States. Discover Financial Services also is the parent company of PULSE, a major ATM/debit network in the U.S with access at 380,000 ATMs and serving 4400 banks.

Discover Bank launched in 1986 and is chartered and regulated by the FDIC on a federal level and Office of the Delaware State Bank on a state level. With the FDIC also insuring its eligible deposit products.

It uses direct banking instead of traditional branch banking with customers accessing and communicating with Discover Bank online, on the phone and standard mail.

For its customers it offers various savings and investment products to store or earn interest on customer funds. These include online savings accounts, online money market account, online certificate of deposit accounts and online IRA cd accounts.

Source: http://www.discoverbank.com

Discover Bank Services

Personal Banking

Investments
Credit Cards
Home Loans
Home Equity Loans
Personal Loans
Student Loans
Retirement Planning

Individual Investments

Online Savings Account
Money Market Account
CD Account
IRA CD Account

Featured US Savings and Deposit Accounts

Rates / Annual Percentage Yield terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts, some of which have paid for a link to their website. Bank, thrift and credit unions are member FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches