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FDIC Information for IndyMac Bank, F.S.B., Pasadena, CA |
On July 11, 2008, IndyMac Bank, F.S.B., Pasadena, CA was closed by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC) was named Conservator. All non-brokered insured deposit accounts have been transferred to IndyMac Federal Bank, F.S.B., Pasadena, CA ("assuming institution") a new FDIC-insured Federal Mutual Savings Bank. No advance notice is given to the public when a financial institution is closed. The FDIC has assembled useful information regarding your relationship with this institution. Besides a checking account, you may have Certificates of Deposit, a business checking account, a Social Security direct deposit, and other relationships with the institution. Please select the link below to read more about this event: FDIC Bank Closing Information for IndyMac The IndyMac websites are expected to be available Monday, July 14, 2008. If the balance in your account(s) (this includes any accounts in which you have an ownership) is less than $100,000, no action is required on your part at this time. Your entire insured account(s) will be transferred to IndyMac Federal Bank and will be available for business as usual during regular business hours. FDIC CALL CENTER |
For ALL depositors under 100,000 there is very little risk that you will not have access to your funds, however accounts with deposits greater than 100,000 may face problems. Lastly, for all you INDYMAC mortgage holders....unfortunately...this doesn't mean you don't have to pay anymore.
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