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There should not be any problem if it's truly FDIC insured. True internet banks don't have the overhead of traditional banks and thus, higer returns. I have had an internet bank as my ONLY bank for over two years
and as I sit here in New Zealand I find it most convenient to be able to access not only my bank, but my on line broker and the "Motley Fool" group.

Cheers------from a Retired Fool
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