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Saturday, January 30, 2010 - 8:01 PM
P.S. Re: Onewest Takeover Of First Fed (See Above) There Was An Asterisk On First Fed Customers
P.S. Re: OneWest takeover of First Fed (see above)
There was an asterisk on First Fed customers getting CD matching:
"If before March 31, 2010, you find a higher advertised interest rate on the same available term prior to your purchase of a certificate of deposit, we will match that interest rate. Simply bring in the advertisement of the local (southern California) bank competitor, while the higher rate is in effect and you will receive the same rate on your CD. This guarantee applies to competitors' retail branch CD offerings and does not apply to our competitors' online-only account offerings."
The letter was signed by:
Terry Laughlin
President & CEO
OneWest Bank, FSB.
(OneWest Bank, FSB, 888 East Walnut Street, Pasadena, CA 91101)
There was an asterisk on First Fed customers getting CD matching:
"If before March 31, 2010, you find a higher advertised interest rate on the same available term prior to your purchase of a certificate of deposit, we will match that interest rate. Simply bring in the advertisement of the local (southern California) bank competitor, while the higher rate is in effect and you will receive the same rate on your CD. This guarantee applies to competitors' retail branch CD offerings and does not apply to our competitors' online-only account offerings."
The letter was signed by:
Terry Laughlin
President & CEO
OneWest Bank, FSB.
(OneWest Bank, FSB, 888 East Walnut Street, Pasadena, CA 91101)
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