I had moved all my savings to Wamu before they failed and were offering 5% on their savings accounts. I knew they had been dropping the rate, but I looked the other day and it was down to 1.15%. I signed up with ING Direct to try them out since they’re offering closer to 2.5%. [...]
Tagged with: banking
Posted under: Money Stuff
I left this comment on the Your Money Relationship site in response to this post and the Mrs. A comments, Do You Still Balance Your Checkbook? I Sure Don’t
I’m one of the “young’uns” Mrs. A is referring to. I was balancing my checkbook right out of high school while I was working part-time during college, [...]
Tagged with: banking, personal finance
Posted under: Money Stuff
Washington Mutual’s fall was quick and painful. The bank’s stock was down like 95% with a market cap of $2 billion and a couple hundred billion in outstanding loans so there’s no surprise they failed. What does surprise me is how quick they went down. I opened a checking account at BofA last week just [...]
Tagged with: banking
Posted under: Money Stuff