One West Bank Savings and CDs
Article Submitted By: BankMan
Please leave your comments and questions about OneWest's CDs and savings accounts here.
One West Bank is the new name for Indymac Federal Bank, which was recently sold to a consortium of investors. The consortium is headed by Steven Mnuchin of Dune Capital Management in New York and includes J. Christopher Flowers, George Soros and John Paulson.
Comments
Carlos Gomez, April 09, 2012
I recently closed a CD account with your bank. I was charged $7.00 for cashier check. I asked for a regular check and was told there would also be a similar charge. So I asked for cash and I was told that the bank needed 3 days to have it ready. It this correct or because I am a senior citizen they are trying to take advantage of me?
bob7bowen@sbcglobal.net, April 17, 2011
Is it possible to layer funds from an expiring jumbo CD? I am currently considering dividing the proceeds into 20 Is it possible to put the proceeds from a expiring jumbo cd into 5 equal portions with each having a different renewal date (1year-2year-etc)? I have never tried to layer CDs but I am trying to minimize the effect of these terrible interest rates. Thank you
