I think their online saving account translates into a 1.20% APY and requires no minimum deposit or monthly maintenance, which is great. That said, other things I'd consider is that they have only 1 physical branch (though there are 60k surcharge free ATMs), and may not be for people who have a need to transact in a physical branch and their $15 withdrawal fee for > 6 transactions is a little pricey.
RE: How to earn almost 1% interest on a savings account?