Pissed Consumer - INDYMAC BANK BIG LIAR

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INDYMAC BANK BIG LIAR

Jul 17, 2008

INDYMAC BANK complaint by Anku

I had multiple CDs with Indymac Banks and I was told by the bank representative that my funds were FDIC insured. Now half of my life's earning is gone..taken by FDIC as uninsured fund. They have even taken out my Child's fund (which was less than 100K limit). I have been waiting for 7 days with no-sleep to talk to one of these FDIC insurance agent....

It's not safe to put money in the bank even if someone says it's FDIC covered...

I have talked to Indymac Federal(after FDIC takeover) and now even though they are part of FDIC...they say we don't know why FDIC took your money go talk to FDIC insurance agent. There is no coordination..

No bank for me in the future...

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Comments (5)

1. Written by AnotherUninsuredCustomer, on 26-07-2008 15:44

I too lost half of my life's savings at Indymac...i became their customer only a few weeks ago, lured by their attractive emoney market and CD rates...isn't it their responsibility to guide the customers on how to keep all the money fully insured ? All 10K uninsured customers should file a class action lawsuit.

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2. Written by uninsured fund, on 21-07-2008 16:38

10,000 people involved with uninsured money, How do they deal with it?

I think it is necessary to get the bankruptcy lawyer hired by all uninsured

people.

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3. Written by uninsured fund., on 21-07-2008 16:28

What do you with the uninsured fund?

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4. Written by Indy Mac bank, on 17-07-2008 23:51

I was just told the other day that this bank isn't doing well and might be merging or taken over by another bank. Not sure what this means.

i've had great customer service so far but the fact that your CD is missing is crap! Once you lose trust in your BANK! you start to lose trust in everything else. You should go to a Credit Union instead.

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5. Written by Indy Mac bank, on 17-07-2008 23:51

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