After the failures of numerous financial institutions and the ensuing aftermath and loss of confidence in traditional companies, many individuals and families have sought out – and found – new, reliable banks. Direct online banks are growing in popularity because they provide traditional banking services at lower prices.
ING Direct, the largest FDIC-insured direct bank in the United States, offers a vast array of financial products. Your options with ING Direct include: checking and savings accounts, certificates of deposit, home loans, investments, retirement services, and business services.
All of these services are available online, by phone, and through the mail. Direct banks have lower operating costs than traditional brick-and-mortar institutions, and they’re often able to pass these savings along to their customers.