Worried about mobile apps for savings and banking; put my mind at ease, please

 I'm nervous about the solidity of some online-only banks, but there is the carrot of fabulous interest rates. I noticed the app discussed recently at Penny Hoarder, the Empower app, is FDIC insured up to $250,000.  I'm interested in getting as much interest as possible on reserve cash, as anyone, but am I being overcautious here? How much confidence should we have in these online-only banks?

If plan A fails, remember there are 25 more letters in the alphabet. --Chris Guillebeau

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