Rate/review Countrywide Bank

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Opened a money market account there about 6 months ago. It has been paying 5.25% the entire time and their statements and web site are convenient. I haven't seen a higher mm rate anywhere and there CD's also are about the highest I have seen. Countrywide is also very solid financially. They have a somewhat unique operation in that their branches don't actually hold any money. When I opened the account at the branch, they filled out all the paperwork and then had me put the paperwork and deposit check in a Fed EX box on site which they send to their office in Texas. You could do the exact same thing yourself on-line if you're not near a branch.
 

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cubsfn4ever said:
Opened a money market account there about 6 months ago. It has been paying 5.25% the entire time and their statements and web site are convenient. I haven't seen a higher mm rate anywhere and there CD's also are about the highest I have seen. Countrywide is also very solid financially. They have a somewhat unique operation in that their branches don't actually hold any money. When I opened the account at the branch, they filled out all the paperwork and then had me put the paperwork and deposit check in a Fed EX box on site which they send to their office in Texas. You could do the exact same thing yourself on-line if you're not near a branch.

Ok, went the SAVINGS route and opened up a COUNTRYWIDE SAVINGS account that is paying 5.25% APR.

Thus far, very impressed with my dealings with them.

Will keep this thread informed of any troubles or positive reports ......whatever the future may hold for Countrywide.
 

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Fishhead said:
Ok, went the SAVINGS route and opened up a COUNTRYWIDE SAVINGS account that is paying 5.25% APR.

Thus far, very impressed with my dealings with them.

Will keep this thread informed of any troubles or positive reports ......whatever the future may hold for Countrywide.


COUNTRYWIDE stock up 10% on the day!!

Rumors circulating that Bank of America looking to buy them out.

WOW!
 

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