WAMU Rates

User Forum Topic
Submitted by waterboy on September 23, 2008 - 11:15am

Did anyone see the 4% Money Market and 5% 12mo CD?

I still don't see how they will escape the mess they got themselves into and personally wouldn't even bother depositing amounts there even if under FDIC limits.

‹ Investment property & 1099 LOL: It keeps getting better. Fed "clarifies" short selling restrictions. You can't, but pros can.... ›
It's sad, I kinda liked the
Submitted by nostradamus on September 23, 2008 - 11:19am.

It's sad, I kinda liked the wamu branch I've been at. Friendly people, convenient location. They also hold my mortgage loan (not much).

I have an under-FDIC CD there getting good rates which matures in about a week... I don't know whether to renew it or bail out.

I like Wamu too, the tellers
Submitted by seattle-relo on September 23, 2008 - 11:27am.

I like Wamu too, the tellers are much nicer than they are at Wells (wells services my mortgage). I was at a Wamu branch last week (mayby Wednesday) and I was surprised to see someone actually opening a new checking account...weren't they watching the news?!!?!?!...I want to believe that if it's FDIC insured that you'll be fine.