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  • everbank

    Any opinions on everbank and holding a cd in a denominated in a foreign currency.

  • #2
    Re: everbank

    IIRC, there are some strong opinions posted on the "Weiss Research 1500 banks to fail" thread.

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    • #3
      Re: everbank

      Originally posted by babbittd View Post
      IIRC, there are some strong opinions posted on the "Weiss Research 1500 banks to fail" thread.
      Thread link

      Also a post I made here linking to a blog post here which discussed that the currency exchange "friction" could eat up not only potential profits but also principle.

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      • #4
        Re: everbank

        Originally posted by zoog View Post
        Thread link

        Also a post I made here linking to a blog post here which discussed that the currency exchange "friction" could eat up not only potential profits but also principle.

        Plus they were pushing their Icelandic Krona CDs quite heavily before the crash. I don't think that those CDs have done very well.

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        • #5
          Re: everbank

          I had a feeling they were stinky. I was just wondering.

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          • #6
            Re: everbank

            Considered them about 4 years ago. Read quite a few blogs suggesting customer service was frustrating.

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