Home > Reader Reviews and Comments
Colorado Federal Savings Bank Accounts
> Online Savings Account
> Certificates of Deposit
Discuss your experience with high interest accounts from Colorado Federal Savings Bank. You do not need to register. Pick any Username you want to use.
Displaying results
1 to 8 out of
8
|
|
Thursday, 08-05-10 16:34
Bad posts only? This Bank ROCKS- I have my life savings in it, LARGE CD's @ 2% also- I have NOTHING bad to say about this bank. ITS A SAVINGS, if you want to open a checking account, then do that. dont access often and your good!- 6 transactions a month and min bal- I say "PERFECT"! get the small people that are not sure about saving at this capasity and go to a big bank!- I live in NH and have and unkle in CO- Its real and yes there is one branch- and i feel blessed that they bother to deal with online savings- because know one is beating their rates.....so let em be. PS To whoever wrote that they dont acept mail (this is very untrue) but the reason we get great rates is because they dont need to hire someone to open a letter, when you can fax or email.....online this bank is WONDERFUL- My mattress was what i used before and now im mkeing money.........AND THEIR PEOPLE ARE SO NICE!
|
|
|
|
Thursday, 06-24-10 19:15
I opened an online savings account with them, with the minimum opening deposit of $2500. Later, when my balance fell to a low level, they just closed the account and pocketed the balance, including interest accrued but not yet paid. There was nothing in the rules about maintaining the $2500 minimum; you just needed it to open the account. When I contacted their customer service they were extremely nasty about it, and on my request sent me a copy of the rules (which I already had) with an irrelevant provision circled as though they thought I was too stupid to understand English. I didn't pursue this because it was a fairly small sum that they stole, but I have a large CD with them that I opened at the same time and can't wait to snatch it out of there on maturity. I do not (knowingly) do business with thieves.
|
|
|
|
Saturday, 06-19-10 18:33
They do not accept mail and you can only link one other account to their account. Their web interface is difficult. I would not choose this bank if I knew then what I know now.
|
|
|
|
Wednesday, 06-16-10 09:05
Another one that doesn't qualify for me to do business with them. Look for "no minimums and no fees" or pass them by.
|
|
|
|
Thursday, 01-28-10 15:13
Their web interface for making transfers is strange -- you can only schedule one one-time transfer at a time.
I like to schedule multiple transfers in advance, corresponding with dates when bills will autopay from my checking account.
|
|
|
|
Tuesday, 01-12-10 20:53
So far the experience has been acceptable. It takes a little longer to get the CD opened because they do test deposits before transferring the money to open the CD. However, they set the CD rate on the business day that they begin to process your application. I've opened two at the 2.00% APY -- it's a real bank with real people on the other side of the web page.
|
|
|
|
Friday, 12-18-09 23:12
Please send info regarding cd rates of 2%
|
|
|
|
Tuesday, 12-15-09 17:45
It takes 10 days to get a CD... the interest rate will change before they give you the CD
|
|
