Savings Account Benefits: Get Your Orange Savings Today: - Get a Great Rate - Charged No Fees - Have No Minimums • No need to change banks - Your Orange Savings will be automatically linked to your current checking account. • Access your account around the clock via INGDIRECT.com. • Open and fund your account online in under 5 minutes. • Member FDIC. • Current Orange Savings Rate:  | Orange Mortgage |
| High interest, no fees, no service charges, no kidding. With an Orange Savings Account, you earn a variable Annual Percentage Yield on savings every day, with a level of flexibility, freedom, and security you simply won't find at other banks. And because your account is FDIC insured, your account is always secure. No required minimum balances... ever. There is no minimum balance required to open your Orange Savings Account, and you don't have to keep a specific balance in your account to qualify for a high interest rate. No matter how much you have on deposit, the rate is still APY. No fees. No service charges. No penalties. No hidden costs. ING DIRECT's Orange Savings Account won't burden you with fees or service charges. Period. So you earn high interest on every penny you deposit. 24-hour access to your funds, and you don't even have to change banks. An Orange Savings Account makes your money available to you whenever you need it. When you open your account, it is automatically linked to your current checking account used for your initial deposit. You can make deposits or withdraw funds by transferring money online, through our Interactive Phone Service, or by speaking with an ING DIRECT Sales Associate. Pay Yourself First! The Automatic Savings Plan allows you to automatically have a fixed amount of money regularly transferred to your high interest Orange Savings from your linked checking account. You will be saving your money effortlessly and will have money for a rainy day or to achieve your dreams. You can either call us or set up your Automatic Savings Plan on this website. You specify how much money you would like transferred, and how often you would like it moved. This is the simple, easy way to really grow your Orange Savings Account. Start making more money on your savings right now. You don't have to switch your bank; simply activate your Orange Savings Account today and start earning interest that will actually amount to something. While your APY may change at any time based on market conditions, you are assured high interest with an ING DIRECT Orange Savings Account day after day. To apply online simply click on the "Click Here to Learn More" button on this web site and follow the easy instructions. Deposits at ING DIRECT are FDIC Insured ING DIRECT's FDIC certificate number is 35489. You can learn more about the FDIC at their website, www.fdic.gov. We are registered with the FDIC under the name ING Bank, fsb. | |
| ING Direct: "A Rebel With Cause", by Amey Stone, Business Week CEO Arkadi Kuhlman discusses how the online bank keeps costs down and handles high-maintenance customers and a flattening yield curve Attracting new deposits in an era of record low interest rates is a tough job for any bank executive. But Arkadi Kuhlmann, chief executive of ING Direct USA, a division of Dutch giant ING Group (ING ), makes it look easy. Thanks to consistently high yields (the online bank's current offer is 2.6% on savings, while the national average is just 0.56% for bank money market accounts, according to Bankrate.com), ING Direct has gathered $29 billion in deposits to become the fourth-largest savings institution in the U.S. in just four-and-a-half years. And thanks to its streamlined Web operations and low-margin, high-volume business model, ING Direct is also profitable, earning $250 million pretax in 2004, more than double the $110 million in income for 2003. See the entire BusinessWeek.com Article | |