I’ve long been a fan of ING Direct. The ease of use of their accounts is unbeatable in any other bank that I’ve tried. I’ve never had to use it, but I’ve been told that the customer service there is top-notch as well. Now, today, I’ve read from Consumerism Commentary that the ING Direct branch of the ING company is going to be sold off sometime between now and 2013.
Apparently, the European company that owns the US based ING Direct took some bailout money from the European government and, as part of it’s repayment, is being required to sell of the ING Direct part of their business. Unfortunately, there don’t appear to be too much in the way of details as to whom they may be sold to or what may happen to the bank after it is sold. Much like Flexo, my main concerns revolve around whether the new owner will maintain the same offices, workforce, and overall quality of service that we’ve all come to love. My understanding was that ING Direct has weathered the storm pretty well and should be an attractive purchase for many banks stateside.
I guess, at this point, all we can do is cross our fingers and hope for the best.
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I started this blog to share what I know and what I was learning about personal finance. Along the way, I've discovered the Yakezie group, and many other blogging friends.
