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Some pretty good news. On August 1, Bank of Internet made their Boomer Checking 40 year requirement explicit (in place of 45 years) and increased the maximum balance from $25,000 to $100,000.

Rates went down a bit in July to 2.96% (3.00% APY) under $25,000, and 2.72% (2.75% APY) over $25,000, but this checking account is more liquid than a CD and still beats rates on any 6 month CD listed today at bankrate.com.

http://www.bankofinternet.com/open/boomerchecking.asp
http://www.bankofinternet.com/drates/default.asp
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