Miscellaneous

When was the IndyMac Bank in Pasadena CA closed?

When was the IndyMac Bank in Pasadena CA closed?

It was back in July 2008 when IndyMac Bank, a $32 billion asset Pasadena, CA-based institution, was closed by its federal regulator, the Office of Thrift Supervision (OTS), and then reopened the following Monday as the IndyMac Federal Savings Bank.

When was IndyMac Federal Bank sold to OneWest Bank?

On March 19, 2009, the Federal Deposit Insurance Corporation (FDIC) completed the sale of IndyMac Federal Bank, FSB, Pasadena, California, to OneWest Bank, F.S.B., Pasadena, California. OneWest Bank, FSB is a newly formed federal savings bank organized by IMB HoldCo LLC.

Can you withdraw money from an IndyMac account?

You may withdraw funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with IndyMac Federal Bank. A hold may be in place on deposits accounts due to delinquent loans where the depositor is the borrower or guarantor. Additionally, any account pledged as collateral for a loan will be held.

How to contact IndyMac Federal Bank customer service?

If you have a problem with a merchant refusing to accept your check, please contact IndyMac Federal Bank, Customer Service Department, at 800-998-2900. An account representative will clear up any confusion about the validity of your checks. All interest accrued through Friday, will be paid at your same rate.

It was back in July 2008 when IndyMac Bank, a $32 billion asset Pasadena, CA-based institution, was closed by its federal regulator, the Office of Thrift Supervision (OTS), and then reopened the following Monday as the IndyMac Federal Savings Bank.

What did the government do with IndyMac Bank?

IndyMac Bank set the standard for that loan modification program that the government is talking about, Wright explains. This entails working with existing customers that may be in danger of defaulting on their mortgage or may need to rework their mortgage requirements.

When did Gary Wright join the IndyMac Bank?

Wright joined IndyMac in June 2007 and says now that the past year was a huge challenge, but also a great learning experience. “The fact that we were able to make it out through to the other side and are still alive to tell about it is a good thing,” Wright says.