Home › Forums › Financial Markets/Economics › What’s the Safest Bank?
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capeman.
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July 15, 2008 at 1:29 PM #239928July 15, 2008 at 4:21 PM #239860
afx114
Participant[quote=dumbrenter]Any word on SDCCU? Are they safe, given how aggressively they were selling mortgages?[/quote]
Bankrate Safe & Sound gives them a 4-Star (“Sound”) and a CAEL rating of 2 (“Sound”), but who knows how accurate that is. I’d like to know more about the stability of SDCCU as well.
July 15, 2008 at 4:21 PM #240001afx114
Participant[quote=dumbrenter]Any word on SDCCU? Are they safe, given how aggressively they were selling mortgages?[/quote]
Bankrate Safe & Sound gives them a 4-Star (“Sound”) and a CAEL rating of 2 (“Sound”), but who knows how accurate that is. I’d like to know more about the stability of SDCCU as well.
July 15, 2008 at 4:21 PM #240004afx114
Participant[quote=dumbrenter]Any word on SDCCU? Are they safe, given how aggressively they were selling mortgages?[/quote]
Bankrate Safe & Sound gives them a 4-Star (“Sound”) and a CAEL rating of 2 (“Sound”), but who knows how accurate that is. I’d like to know more about the stability of SDCCU as well.
July 15, 2008 at 4:21 PM #240061afx114
Participant[quote=dumbrenter]Any word on SDCCU? Are they safe, given how aggressively they were selling mortgages?[/quote]
Bankrate Safe & Sound gives them a 4-Star (“Sound”) and a CAEL rating of 2 (“Sound”), but who knows how accurate that is. I’d like to know more about the stability of SDCCU as well.
July 15, 2008 at 4:21 PM #240065afx114
Participant[quote=dumbrenter]Any word on SDCCU? Are they safe, given how aggressively they were selling mortgages?[/quote]
Bankrate Safe & Sound gives them a 4-Star (“Sound”) and a CAEL rating of 2 (“Sound”), but who knows how accurate that is. I’d like to know more about the stability of SDCCU as well.
July 15, 2008 at 4:32 PM #239866bsrsharma
Participanthow aggressively they were selling mortgages?
Where is the evidence for that? I have an account there for over 15 years and they have never appeared aggressive. Friendly, yes; Stupid – no. Absent some evidence, calling them aggressive in mortgage selling is rumor.
Now, I can use a little less of their used car sale advertising. But, that is peanuts compared to the mortgage nukes that are going to obliterate the commercial banks.
July 15, 2008 at 4:32 PM #240006bsrsharma
Participanthow aggressively they were selling mortgages?
Where is the evidence for that? I have an account there for over 15 years and they have never appeared aggressive. Friendly, yes; Stupid – no. Absent some evidence, calling them aggressive in mortgage selling is rumor.
Now, I can use a little less of their used car sale advertising. But, that is peanuts compared to the mortgage nukes that are going to obliterate the commercial banks.
July 15, 2008 at 4:32 PM #240010bsrsharma
Participanthow aggressively they were selling mortgages?
Where is the evidence for that? I have an account there for over 15 years and they have never appeared aggressive. Friendly, yes; Stupid – no. Absent some evidence, calling them aggressive in mortgage selling is rumor.
Now, I can use a little less of their used car sale advertising. But, that is peanuts compared to the mortgage nukes that are going to obliterate the commercial banks.
July 15, 2008 at 4:32 PM #240066bsrsharma
Participanthow aggressively they were selling mortgages?
Where is the evidence for that? I have an account there for over 15 years and they have never appeared aggressive. Friendly, yes; Stupid – no. Absent some evidence, calling them aggressive in mortgage selling is rumor.
Now, I can use a little less of their used car sale advertising. But, that is peanuts compared to the mortgage nukes that are going to obliterate the commercial banks.
July 15, 2008 at 4:32 PM #240070bsrsharma
Participanthow aggressively they were selling mortgages?
Where is the evidence for that? I have an account there for over 15 years and they have never appeared aggressive. Friendly, yes; Stupid – no. Absent some evidence, calling them aggressive in mortgage selling is rumor.
Now, I can use a little less of their used car sale advertising. But, that is peanuts compared to the mortgage nukes that are going to obliterate the commercial banks.
July 15, 2008 at 5:18 PM #239912dumbrenter
ParticipantWhere is the evidence for that?
Mailings to home & apartments about their mortgage rates & closing costs. Emails advertising mortgages & auto loans. Advertising Refi’s , home improvement programs….both on television and print media.
And, if you ever walked into their carmel mtn branch you would not call them friendly. Maybe not stupid, but definitely could not help me with some simple banking questions. Maybe they are cutting back on training their staff.
July 15, 2008 at 5:18 PM #240050dumbrenter
ParticipantWhere is the evidence for that?
Mailings to home & apartments about their mortgage rates & closing costs. Emails advertising mortgages & auto loans. Advertising Refi’s , home improvement programs….both on television and print media.
And, if you ever walked into their carmel mtn branch you would not call them friendly. Maybe not stupid, but definitely could not help me with some simple banking questions. Maybe they are cutting back on training their staff.
July 15, 2008 at 5:18 PM #240053dumbrenter
ParticipantWhere is the evidence for that?
Mailings to home & apartments about their mortgage rates & closing costs. Emails advertising mortgages & auto loans. Advertising Refi’s , home improvement programs….both on television and print media.
And, if you ever walked into their carmel mtn branch you would not call them friendly. Maybe not stupid, but definitely could not help me with some simple banking questions. Maybe they are cutting back on training their staff.
July 15, 2008 at 5:18 PM #240111dumbrenter
ParticipantWhere is the evidence for that?
Mailings to home & apartments about their mortgage rates & closing costs. Emails advertising mortgages & auto loans. Advertising Refi’s , home improvement programs….both on television and print media.
And, if you ever walked into their carmel mtn branch you would not call them friendly. Maybe not stupid, but definitely could not help me with some simple banking questions. Maybe they are cutting back on training their staff.
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