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It has been a long time since we had three banks closed on a Friday. The big one was Downey Savings and Loan Associations which was the third largest bank failure of the year after WaMu and...
Downey Savings Bank is offering a whopping high rate of 4.68% APY on an 18-month CD. The bank has suffered in the mortgage meltdown as the its stock has gone from a 52 week high of $63 to a little...
Downey Financial Corp. revealed in its quarterly filings that the Office of Thrift Supervision, its main regulator has imposed several restrictions on its activities.