bank rates

IndyMac Bank CD Interest Rates

Posted in Bank CD Rates by Bankaholic
June 24, 2008 01:50 AM - 8 Comments

With IndyMac Bank you can certainly raise your expectations to get the best. It is the holding company for IndyMac Bank, F.S.B. (Indymac Bank®), which is the seventh largest for Savings and second largest independent mortgage lender in the nation. It has been publicly traded on the New York Stock Exchange since 1985. It provides suitable banking products to facilitate consumers’ personal financial goals. It has created an impact on the individuals and businesses it had served.

After opening a Certificate of Deposit Account you will really enjoy the high rate of interest. You need $5,000 to get started and earn the following interest rates:

3 Month CD earns 2.47% interest, 2.50% APY.
9 Month CD earns 2.37% interest, 2.40% APY.
10 Month CD earns 4.02% interest, 4.10% APY.
1 Year CD earns 4.02% interest, 4.10% APY.
18 Month CD earns 2.71% interest, 2.75% APY.
2 Year CD earns 3.44% interest, 3.50% APY.
*Rates are accurate as of 06/20/2008.

@ Interest is compounded daily and paid or reinvested into the account monthly or at maturity.
@ A penalty is imposed for early withdrawal.
@ For your convenience your CD renews automatically for the same term at the current rate at that time.

IndyMac aims to become the top choice for your banking needs. You may easily take the advantage of its valuable services now. For opening an account now, please visit their site www.indymacbank.com. For any information call at Toll-Free: 1-800-750-8521.

Comments (8)
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  1. xin feng said:
    on July 28th at 09:57 pm

    Who are you kidding? I lost about $8000 on this bank and I advise never put money in this bank.

  2. joska sharping said:
    on February 17th at 12:27 pm

    Xin, how did you lose it? I also had a CD there, but got it all back (with the interest) – just took about 2 wks. longer than usual. wasnt yours FDIC insured?

  3. Marylou Denne said:
    on March 4th at 03:11 pm

    What is the matter with you people? You are publishing interest rates that are outdated for for FAILED banks!!!
    Cannot trust ANY of your information-totally useless-I have wasted my time.

  4. Lee said:
    on May 25th at 11:05 am

    ALL the info published on this site is questionable… use YOUR own good judgement.

  5. salasrms said:
    on July 6th at 03:16 pm

    I got all my money back in one day. I should have let it in. The FDIC told the truth “what better bank than your governments bank!”

  6. nancy said:
    on February 21st at 08:42 pm

    i DID NOT get all my money back. we had a trust acct. the bank mgr. said my money was safe. NOT !!!!! we still lost some. i am real careful how i structure my accts. now a days. READ THE FDIC GUIDEBOOK.

  7. Riley O'Hara said:
    on March 29th at 12:00 pm

    IndyMac is holding $11,000 of my money from a CD overage and I have not heard a word about it except a piece of paper I have had for months. Never again…

  8. luv2bfit said:
    on December 29th at 12:31 pm

    had 100,000 there when it became a federal bank and didn’t lose any principal nor interest. After it was the federal bank, it became OneWest at our location and OneWest is one of the top interest payers. I don’t know how people are saying they lost money unless they had more than the 100,000 per person per bank at the time the bank failed (which is why I don’t allow my deposits to exceed the FDIC amount per bank. Now, we can put $250,000 per person per bank.http://www.fdic.gov/news/news/press/2010/pr10161.html

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