With an increased focus on building customer relationships and a valuable consumer franchise, Indymac is committed to becoming a top six mortgage lender in the U.S. by 2010, while maintaining annualized earnings per share growth in excess of 15 percent. The company is dedicated to constantly raising expectations and conducting itself with the highest level of ethics.
1 (800) 595-8950 / 9AM - 5PM Mon - Fri
888 East Walnut Street
Pasadena, CA 91101
$1,000 (money market), $5,000 (CDs)
ATM Withdrawl Fees:
Three withdrawls per month at no charge.
Maintence Fee:$7 if balance if balance falls below $1,000.
Current Money Market Rates:
Current CD Rates:
I was just curious to read the comments leading up to the bank failure. Pitiful. They must have known this bank was failing. Sad for the customers.
The FDIC shut down indymac today (friday) because of a run on the bank! Supposedly they will reopen on Monday under anew name.
please send any new comments
I started doing business with this bank April 08. I opened 2 CD accounts. The people I talked too were very friendly & helpful. Even tho I talked to a different person ever time, the thread of the communications was very good. The hold time in April was long about one half hour or so (do to it being tax time), It took 2 minutes today to reach someone. I did have to assert myself in april to speak to a supervisor But once I reached him he was very patient & helpful. I hope when I start withdrawing I have the same experience.
Opened a cd on 4/15/08 on-line, it is now 5/3 and they have yet to take my money and actually open the CD. Apparently they have more business than they can handle or only have ONE employee!!
Indy is basically a wholesale mortgage lender with a "side" retail banking unit. Mortgage business is down sharply, as is staffing throughout the company. Plain vanilla banking is probably OK, however, rememeber that IF the bank fails, though FDIC will make good, it may take an extended period of time to get your insured funds.
Great bank to open CD accounts. Pleasent service. Overall service has been very good.
Hard to set up online account with, however once set up very pleasant to bank with on line. Very satisified.Good Web site user friendly.
Indymac bank is a very reliable banking institution and well served by a courteous and competent staff and customer relations team. I have been a returning client for several years.