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karmasasha

st paul minnesota , usa

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Joined: 02/22/2004

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Posted: 03/22/08 07:47am Link  |  Quote  |  Print  |  Notify Moderator

I am hoping to be gone from home on some extended RV trips in the coming year. Because of ease of banking when away from home I am considering not using my local bank but instead WaMu for "online CD investment". (also the interest rate is slightly better than using a bank where I would have everything in paper copy.

Anyone have any experience and advice re doing this in regard to service. Also, I have recently read that there may be fees charged me for buying a CD. Are banking type institutions doing this now?

Thank you and have a great day, Andrea


Andrea and Rommel the large gentle Rottie
Inga, my 1989 Winnebago Class A 27 ft (454 P30) with 100,000+ miles and going strong!

judy&frank

Seattle, WA

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Posted: 03/22/08 08:08am Link  |  Quote  |  Print  |  Notify Moderator

While we live in Seattle and are quite familiar with WaMu from local information and being small stockholders, we do not bank with them. They have a great reputation.

However, we do all our bank and investment transactions with a major financial institution on the web and have for years with no problems. We buy and sell stocks, mutual funds and bonds routinely on line.

Our experience shows that there is little possibility of problems using the web for financial transactions as long as your computer has adequate virus, etc. protection.


Judy and Frank and Missy (purr-person)
2001 Ford F-250 4X4 Powerstroke 7.3L Extended Cab Long Bed
Crossroads Cruiser 28RL double slide 5th wheel

jauguston

Bellingham, WA

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Posted: 03/22/08 10:03am Link  |  Quote  |  Print  |  Notify Moderator

For CD rate information Bob Brinkers web site has a good listing of the best CD rates for banks all over the country.

Jim


Jim, Sharon and Buddy the Yorkie
1999 Gulfstream Sun Voyager 31' ISB Cummins 210 uprated to 275
Trippe-Lite 1800w inverter 4-6v GC batteries
3- Kyocera 130w solar panels
1987 Suzuki Samurai tintop Toad w/VW 1.6 turbo diesel power

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