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Downey Savings – The Institution
from:Introduction
Downey Savings is a federally chartered financial institution, offering premium banking services, since 1957.
In this age of internet, Downey Savings offers a vast gamut of online banking services through its website, catering to different financing, saving and mortgage needs, going up to expert knowledge and advice to some of the most critical financial decisions.
The Range of Services
Amongst its vast plethora of provisions, the staggering range of deposit accounts offered by Downy Savings is perhaps one of the most popular facilities. The bank offers some of the widest choices possible for deposit accounts, catering to various needs. The main deposit accounts offered include checking accounts, savings accounts, certificates of deposit, education savings account and retirement accounts. The bank cards available from Downey Savings also offer the best of terms and efficient services to its customers.
There is also an extensive facility of availing home loans at Downey Savings, ranging from serving the refinancing needs for an existing home to providing finance for purchasing or making a new one altogether. Both, the fixed as well adjustable home loan programs are available at competitive rates for the benefits of such customers. In fact, the website of Downey Savings also offers facilities like the home loan calculators which help the customers to plan their budgets in a much better way.
Another facility for which Downey Savings is a much sought after service provider is the sale of bank-owned properties, for various purposes including building homes and investments. The online platform of Downey Savings offers comprehensive search facilities to help the customer in finding the right kind of property for himself.
In fact, the unit of Downey Savings also invites individuals to become approved wholesale mortgage brokers. Such a profile helps the concerned individual to fund loans faster and more efficiently by using Downey Loan Express and have access to ace facilities like underwriting and Loan Programs guidelines.
Apart from these, Downey Savings also offers a wide knowledge base, giving critical information to the common man about various developments such as stock information, earning releases and email alerts.
To make the entire experience of online banking with Downey Savings extremely safe, the service providers have put together comprehensive security measures, where no fraudulent visitors can use the website or any of its services.
Experience and a sound goodwill is what make the Downey Savings banking experience worth to reckon. The unit enjoys a rich legacy and strong customer base, which comprise of some of its oldest customers, while the new ones are enrolled every passing day.
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First Federal Savings Bank News
Greenspan: Don't use Federal Reserve as a 'magical piggy bank' (The Canadian Press via Yahoo! Canada News)
WASHINGTON - Troubled by the Bear Stearns debacle, former U.S. Federal Reserve Chairman Alan Greenspan is advocating a new way of dealing with government bailouts of companies whose sudden collapse could wreak havoc on the country's economic and financial stability.
Read more...Greenspan: Don't use Fed as a 'magical piggy bank' (North Adams Transcript)
WASHINGTON -- Troubled by the Bear Stearns debacle, former Federal Reserve Chairman Alan Greenspan is advocating a new way of dealing with government bailouts of companies whose sudden collapse could wreak havoc on the country's economic and financial stability.
Read more...Rainier Pacific Bank Selects Phoenix(TM) System to Help Expand Commercial Customer Base and Maintain High Service ... (Centre Daily Times)
In an effort to streamline its technology infrastructure, grow market share for commercial accounts and deliver a better customer experience, Rainier Pacific Bank, a $900 million-asset institution based in Tacoma, Washington, has selected Harland Financial Solutions' Phoenix(TM) System as its enterprise core processing solution.
Read more...Astoria Federal sponsors Babylon Bay Fest (Babylon Beacon)
Astoria Federal Savings Bank donated $1,500 to the Babylon Village Arts Council to co-sponsor the Babylon Bay Fest. In photo, Rose Norman, copresident of BVAC is shown receiving check from Andrew Mullane, branch manager. Astoria Federal Saving Bank hosts BVAC's popular 2nd Thursday Concert Series.
Read more...Cole Taylor Bank Connects to SVPCO Image Payments Network (PR Newswire via Yahoo! Finance)
SVPCO, the paper and electronic check exchange business of The Clearing House Payments Company L.L.C., today announced that Cole Taylor Bank, a division of Taylor Capital Group , is now connected to the SVPCO Image Payments Network.
Read more...

