Are you keeping your money at Washington Mutual? (Wamu)
By mariab
@mariab (88)
United States
September 20, 2008 4:09pm CST
Wamu put itself on sale a couple of days ago and will be the biggest bank to fall should anything happen to it. I have my savings in there (due to their 3.75% savings rate), but I got nervous and pulled out half into a 3.0% savings account at ING with the next half ready to be withdrawn, just in case. I just don't want to be stuck without my money if wamu should fall. Anyone else out there nervous? Or how about indymac customers - how long before FDIC gave you your money?
1 response
@eigna9187 (113)
• United States
20 Sep 08
i would put all into ing...im not a big fan of wamu..everyone i know that has banked there has had major problems.
ING is amazing though. i have it linked to my checking account lol
i hope that doesnt happen though. that s horrible
