No. of Recommendations: 0

Okay, so it seems like there is no bank that allows a direct ACH in and out. A few - Citi, AmTrust, eTrade, allow it in, but require a wire out, or to have a savings, etc account of theirs.

Take a look at ING.

You link to an external checking account, and can open an ING money market. You can fund the CD from either location. You can preset what you want to happen at maturity, either rollover, or deposit to either checking or the money market. You can also decide if you want the interest to be rolled over or paid out to one of the accounts.

Another plus is that there are no mimimums for CDs. I've generally bounced between $500 and $1000 but there's no reason not to do less if that's all you have.

I dont know what happens to the records if you close out a CD since I've been just rolling over for now.

ING is in the top 11 for rates and is real easy to use, which was important to me. I want to do banking online and to me that means all transactions must be manageable online. I dont want to call someone or worse, send them a letter via snail mail.
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