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IndyMac Bank
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IndyMac Bancorp, Inc. (NYSE: NDE) (Indymac®) is the holding company for IndyMac Bank, F.S.B. (Indymac Bank®), the largest savings and loan in Los Angeles and the 7th largest mortgage originator in the nation. Indymac Bank, operating as a hybrid thrift/mortgage banker, provides cost-efficient financing for the acquisition, development, and improvement of single-family homes. Indymac also provides financing secured by single-family homes and other banking products to facilitate consumers’ personal financial goals.

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.

Website:

http://www.indymacbank.com/

Phone Number:

1 (800) 595-8950 / 9AM - 5PM Mon - Fri

Address:

Indymac Bank
888 East Walnut Street
Pasadena, CA 91101

Minimum Balance:

$1,000 (money market), $5,000 (CDs)

Interest:

compounded daily

ATM Withdrawl Fees:

Three withdrawls per month at no charge.

Fees:

Excess Withdrawls:$10
Maintence Fee:$7 if balance if balance falls below $1,000.

Current Money Market Rates:

[http://www.indymacbank.com/individuals/
banking/page.asp?pSection=currRates]

Current CD Rates:

[http://www.indymacbank.com/individuals/banking/
page.asp?pSection=currRates]


Comments

Marcus
2008-07-23 21:52:32
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.
tscowfer
2008-07-11 19:01:00
The FDIC shut down indymac today (friday) because of a run on the bank! Supposedly they will reopen on Monday under anew name.
Charles Brodeur
2008-07-03 06:56:41
please send any new comments
Warren Paradise
2008-06-07 11:57:21
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.
Richard Glaza
2008-05-03 04:57:00
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!!
RR
2008-04-18 11:53:58
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.
Nader Sahawneh
2007-12-13 15:07:22
Great bank to open CD accounts. Pleasent service. Overall service has been very good.
James Spencer
2007-11-29 10:05:44
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.
A.J. Fiore
2007-09-27 01:33:55
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.


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