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Ed: keep in mind that almost all interest-bearing cash-equivalent investments are earning VERY LOW yields right now. The best money-market mutual funds (i.e. Fidelity, Vanguard) are paying yields of around 1.80%, check some of the fund yields at

Your credit union may or may not offer the level and calibre of service you desire but some options you have include:

1. Comparing other branchless OLBs such as First Internet Bank of Indiana (recent winner for "Best Online Bank" in a thorough poll sponsored by the MSN Online Banking message board), American Bank/PC Banker, Bank of Internet, USAA FSB, Umbrella Bank, and State Farm Bank.
Some of them offer great rates and better overall service and pricing than NetBank, particularly when you look at the big picture of the total combination of service quality and cost of various transactions as well as ease of use.

2. Comparing other credit unions which you might be eligible to join - some CUs are VERY responsive to members and offer awesome deals.

3. Comparing some local community banks in your area - some of these offer surprisingly good deals which are not advertised outside of the local market area.

I hope this gives you more options. If you decide to go with NetBank, I hope you have an excellent experience with them - there are some folks who have been satisfied with NetBank and I think the key is knowing exactly what things you might be charged for and how to avoid those charges.
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