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The FDIC insurance on accounts up to 100K essentially means they are and were absolutely safe up to that amount...as backed by the faith and support of the US Government.
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∙ 15y ago
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Is IndyMac Bank safe?
no
What company now owns IndyMac Bank?
The company that owns IndyMac Back is OneWest Bank which is a federal savings bank organized by IMB HoldsCo LLC, stationed in Pasadena, California. So, IndyMac Bank is really owned by IMB HoldsCo LLC
Where is the indymac bank located?
IndyMac is a branch of OneWest Bank, and has locations throughout Southern California. If you go to the bank website you can do a search for the location most convenient to you.
Which areas does Indymac Bank offer service in?
Indymac Bank is a California bank. There are two locations located in Pasadena. The other three locations are in San Marino, Arcadia, and Glendale California.
How many branches does Indymac Bank have?
Indymac Bank has 33 branches throughout their chain of locations. With these branches clients of the bank can speak to a member of customer service for checks, balance inquiries, etc.
Why did indyMac bank fail?
http://www.researchmethods.org/IndymacBankFail.pdf has a good answer.
When did IndyMac end?
IndyMac ended in 2008.
When was IndyMac created?
IndyMac was created in 1997.
What is the interest rate for a mortgage from the bank Indymac?
The interest rate for mortgages from IndyMac start from between 2.7% - 3.7%, depending on your yearly fixed rate. This also depends on your annual mortgage payments.
What is Indy mac?
IndyMac was a California bank that failed in July because of its business--writing REALLY bad mortgages.
Who is the owner of one west bank?
One West Bank = Nothing more than a shell to take over IndyMac Bank's real estate and mortgage assets at a steal of a price. George Soros and Michael Dell are large % owners. The FDIC is paying these guys to foreclose on homeowners and Joe Taxpayer is footing the bill. THey purchased the assets of Indymac Bank with FDIC approval. They paid 70% on the dollar. For every home they foreclose, and lose money on, the FDIC writes them a check to cover. And we pay the bill and the money goes right into Soros' and Dells pocket. Ever wonder why it's virtually impossible to get a short sale approved or Loan mod approved with INdymac bank now that they are owned by One West Bank? Now you know why. What a scam. How does this not make the news? Yep. Soros and Dell are incentivised to lose Federal money so that they can get the 80% reimbursement from .... YOU AND ME. I guess wen you get that rich, morals go out the window. See this video for the full story in graphic detail. http://www.thinkbigworksmall.com/mypage/player/tbws/23622/1029753
What is meant by the term safe bank?
Safe bank is a term to ensure that money in one bank is safe. The term safe bank can be related to the FDIC. Both of these terms have the same meaning.
