Edit

Forums ›
Finance

Provident Direct - High Yield Savings -- Transfer up to $100k now Archived From: Finance

  • tweet this
  • Post to Facebook
  • Text Only
  • Search this Topic »
  • Classic
alert mods    
   posted: Apr. 13, 2009 @ 4:10p

For anyone curious about closing this account, here is the procedure:

Customer Service said:Please conduct an external transfer removing the funds from your savings account. Once your balance is zero, please send us a return e-mail so that we can put in a request to close your savings account.


alert mods    
   posted: Apr. 14, 2009 @ 9:43p

I was told to send a fax since a sig was required - has anyone finalized a closing via email with PD?


alert mods    
   posted: Apr. 15, 2009 @ 1:10a

I'm holding off on requesting that it be closed, but I got a response similar to hair's when I sent a bankmail with the same question. And that seems to be SOP for the 4-5 internet-based accounts I've closed lately.

Was it a phone CSR that said you need to fax?


alert mods    
   posted: Apr. 15, 2009 @ 12:10p

I corresponded via their online message system (bankmail), although they refer to it as "e-mail." After removing funds and requesting to close the account, they replied:

Customer Service said:Per your e-mail, a request has been submitted to close the account. Please allow up to 2 business days for this to occur. Thank you for contacting Provident Bank.


alert mods    
   posted: Apr. 16, 2009 @ 8:27a

Yes, a phone CSR told me to fax 410-277-2004 with name, acct#, a closure request, and sig.

I'm going to try the email route right now .... thanks!


alert mods    
   posted: Apr. 20, 2009 @ 6:11a

Big rate drop from 2.10% to 1.25%


alert mods    
   posted: May. 7, 2009 @ 11:45p

New rate: 0.50% APY

Just wow! Glad I pulled most of my money out already.


alert mods    
   posted: May. 8, 2009 @ 2:58a

propcgamer said:New rate: 0.50% APY

Just wow! Glad I pulled most of my money out already.

3.75% -> 0.5% in 5 months must be a record of some sort.


alert mods    
   posted: May. 8, 2009 @ 5:09a

Darn them ! Darn them to hail! It's the M&T merger effect. M&T's savings account is at 0.50%. The merger takes effect May 23.

That is no excuse for continuing to list PD as a "High yield online savings account."


alert mods    
   posted: May. 8, 2009 @ 6:22a

pulled out my cash and bought a new truck, im ready for hyperinflation


alert mods    
   posted: May. 8, 2009 @ 10:38a

Argyll said:Darn them ! Darn them to hail! It's the M&T merger effect. M&T's savings account is at 0.50%. The merger takes effect May 23.

That is no excuse for continuing to list PD as a "High yield online savings account."

And their regular checking accounts that they are converting mine into doesn't pay interest either.


alert mods    
   posted: May. 8, 2009 @ 2:46p

I've been holding off getting an Alliant checking account because I like using local bank branches, but it seems like there is an ATM almost everywhere. That's a main option, even though it feels so impersonal.

I have free checking at PB with no interest and no minimum. I was thinking of keeping it but I noticed they start charging you a fee after only 90 days of non-use.


alert mods    
   posted: May. 12, 2009 @ 9:54p

Looks like I'll be moving my money again. I'm thinking GMAC would be the best candidate at this point.


alert mods    
   posted: May. 13, 2009 @ 4:42a

hudson4351 said:Looks like I'll be moving my money again. I'm thinking GMAC would be the best candidate at this point.

Alliant is the best and most reliable candidate.


 Close

Sign Me In
Nickname: 
Password: 
Remember My Login Information:

Forget your login information?

Not Already A Member?
Sign Up Now!


Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.


While FatWallet makes every effort to post correct information, offers are subject to change without notice.
Some exclusions may apply based upon merchant policies.
© 1999-2009