by S...IGH on February 18th, 2009

S...IGH

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I have direct deposit with ING Direct. Not knowing the future of big banks in today's economy would I receive better banking at a community bank? How many of you have an ING Direct account? Are you happy with it?

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  • by Scrappy on February 18th, 2009

    Scrappy

    I have used ING for almost 3 years and I think if they haven't went under yet, you can say they are safe. The money is FDIC insured so you will get your money back. I am happy with it except the interest rate used to be fairly high and it was well worth using them instead of the normal banks. Now the interest rate is so low that it's not really worth it anymore but I would keep things the way they are.

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  • by celer09 on February 18th, 2009

    celer09

    i have direct deposit with ing too. you shouldnt change it. ing is insured by the FDIC just like your neighborhood bank or some big bank. that means if the bank goes under, youre money is safe no matter what. i think the limit used to be $100,000, but they recently increased it to like, $250,000 or something. as long as you have less than that in the account, you have absolutely nothing to worry about if the bank goes out of business. thats the beauty of the FDIC.

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  • by Kingpinn on June 8th, 2009

    Kingpinn

    ING is part of a larger finanical group and very stable. I have 3 accounts with them & are very happy.

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  • by Ditto on February 18th, 2009

    Ditto

    The FDIC gaurantees amounts up to $100,000 (i think it was raised to $200,000 recently). Your money is safe as long as it is with a bank that is covered. There would be no difference with a community bank except that it would have a brick and mortar address. I have direct deposit (which I love) but not with ING.

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