ING Direct is one of the few big banks that is doing really well through this financial crises. They finance mortgages, but they don't sell them. I don't know what all that means, but apparently, it's really good. Here's the an article about that: http://www.realtytrac.com/ContentManagement/RealtyTracLibrary.aspx?a=b&ItemID=5174&accnt=64953
My interest in ING Direct is much more personal and selfish. We use it as a savings account that gets better interest than most savings accounts. Our money is liquid, and can easily be transferred from ING to our main bank or vice versa. It seems like we are able to open as many savings accounts as we want, so that we can have separate accounts for each of our girls, an account to put our money away for property taxes, travel, home improvement, etc. These are things that we budget for monthly, but we don't want to spend the money while it's just sitting around in our checking account. Prior to opening an ING account for property taxes, we would inevitably get caught off guard and need to take money out of savings. Now, it's all put away, earning some interest, and ready to be transferred when we need it.
www.ingdirect.com
