Complaint Rating:

Company information:
Indymac Bank
Massachusetts
United States

TAKE ACTION on misinformation on your Indymac Funds
Among the many, I was told that if I switched my MM for a CD with an ITF account, I'd be insured up to $200, 000 by an Indymac bank teller. So, I sent an additional amount over the insured $100, 000 believing the banker was telling the truth. Now I'm paying for my naivete.
Today I was told my an FDIC agent that they are hearing many similar stories.
If you have been misinformed you need to report it to: ombudsman@fdic.gov or call them at 877-275-3342 Option 113.
If enough of us that have been misled by the bank, report it. we may be able to do something besides feel helpless and depressed. Let's try and not let them take our spirit, they already have our savings!