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P.S. Re: Onewest Takeover Of First Fed (See Above) There Was An Asterisk On First Fed Customers

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 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)
ekatekat75 posts since
Jan 22, 2010
Rep Points: 246