Home › Forums › Financial Markets/Economics › What’s the Safest Bank?
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July 15, 2008 at 1:29 PM #239928July 15, 2008 at 4:21 PM #239860afx114Participant
[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 #240001afx114Participant[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 #240004afx114Participant[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 #240061afx114Participant[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 #240065afx114Participant[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 #239866bsrsharmaParticipanthow 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 #240006bsrsharmaParticipanthow 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 #240010bsrsharmaParticipanthow 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 #240066bsrsharmaParticipanthow 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 #240070bsrsharmaParticipanthow 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 #239912dumbrenterParticipantWhere 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 #240050dumbrenterParticipantWhere 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 #240053dumbrenterParticipantWhere 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 #240111dumbrenterParticipantWhere 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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