Archive for August, 2011

ING Now Offering Traditional Checks

Is this a sign of the times with the buyout of ING by Capital One?

Check out the story below:
http://www.mybanktracker.com/bank-news/2011/08/04/ing-direct-electric-orange-customers-order-paper-checks/

Just to give some background on my interest in ING, they are, by far, the best bank I have ever used–traditional or online. I have been with them since 2006. When I heard Capital One was buying them, I practically cried. ING’s customer service is top notch (I also utilize Sharebuilder, one of their investment products where you can get $50 when you start investing, by the way) and their site is so fluid, it makes transactions and understanding your finances so easy! In addition to that, their app on my Blackberry works flawlessly and, in my experience, always–and I do mean always–in real time.  Obviously, I was a very happy customer. Unfortunately, I was looking sideways at ING one I heard about the acquisition by Capital One. I’ve stuck with it for the time being, as I’m thinking it will take at least a year before the takeover is complete, but the story linked above just made me even more uneasy, as one of ING’s checking account featured was that is is an online checking account, which comes with no checks (this is likely way it is called Electric Orange now)!

What do you all thing? After reading the story above, or if you are already an ING or Capital One banking customer, do you see this acquisition as a benefit or are you more than a little nervous about what the future hold for ING and Capital one?

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