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IndyMac Savings Account

SAVINGS ACCOUNT

IndyMac Bank provides suitable financial products and services enabling its customers to realize their financial goals easily. You can look upto this bank for investing your savings or funding the loans. It started in 1980s under the name of Countrywide Mortgage Investments (CMI). In 1997, it gained its independence from Countrywide and became IndyMac Mortgage Holdings, Inc. In the year 2000 it acquired a depository institution and became the largest savings and loan in Los Angeles. Since then it has not looked back.

Its Money Market Account offers amazing interest rates. You can open it with a minimum of $1,000 and get the following rates:

Balance of $1,000 - $9,999 gets 1.34% interest, 1.35% APY
Balance of $10,000 - $24,999 gets 3.78% interest, 3.85% APY
Balance of $25,000 - $49,999 gets 3.78% interest, 3.85% APY
Balance of $50,000 - $74,999 gets 3.78% interest, 3.85% APY
Balance of $75,000 - $99,999 gets 3.78% interest, 3.85% APY
Balance of $100,000 - $249,999 gets 3.78% interest, 3.85% APY
Balance of $250,000+ gets 3.78% interest, 3.85% APY
*Rates are accurate as of 06/20/2008.

@ Only available online.
@ Interest is compounded daily and paid ot reinvested into the account monthly.
@ A monthly fee of $7 is charged if your balance falls below $1,000.
@ Check writing and Visa Check Card are not available.
@ ATM access is available. No fee is charged for using ATM.

In the year 2001 it made yet another record year for production, net income and assets. You can certainly expect great returns on your investments with IndyMac Bank. For opening your account now please visit their site www.indymacbank.com. For any information call at Toll-Free: 1-800-750-8521.

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  1. Martin said:
    on July 12th at 11:42 am

    This bank was shut down on 11 July, 2008.

    “IndyMac Bank’s assets were seized by federal regulators on Friday after the mortgage lender succumbed to the pressures of tighter credit, tumbling home prices and rising foreclosures.

    The bank is the largest regulated thrift to fail and the second largest financial institution to close in U.S. history, regulators said.

    The Office of Thrift Supervision said it transferred IndyMac’s operations to the Federal Deposit Insurance Corporation because it did not think the lender could meet its depositors’ demands.

    IndyMac customers with funds in the bank were limited to taking out money via automated teller machines over the weekend, debit card transactions or checks, regulators said.

    Other bank services, such as online banking and phone banking were scheduled to be made available on Monday.”