I don't know how this company is going to make money? They say that they help small banks and federal cerdit unions compete against larger players, by enabling them to have online transactions. But they don't realize that the online features of the larger banks are so much better than that of any banks or federal credit unions. At the same time, all small banks are consolidating or being bought up by larger banks. So the company's customer base is dying. As any sane guy with a business degree will tell you, consolidation leads to efficiency and economies of scale.
I also checked out their checkingfinder service. It is silly. I searched for a bank close to my place in central Houston, and the nearest FCU was 18 miles away, and it offered worse rates than ING.
It makes sense that the FCU and community banks have lower yields because they have less volume. Someone should tell John Waupsh all this. The guy is running the wrong business.