Financial Services

ING Direct

Posted by Morgan [October 15, 2008]
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ING Direct is a branchless or "virtual" bank founded in 1997. It offers the services of a traditional bank over the Internet, phone, ATM or by mail. Their main product is high-interest savings accounts, with no service charges or minimum account balance requirements.

Along with the popular high-interest accounts, ING also offers non-RSP eligible personal and business investment savings accounts, RSP eligible investment savings account, US dollar personal and business investment savings accounts, mutual funds, guaranteed investment certificate RSP eligible guaranteed investment certificate, mortgages and lines of credit.

ING Direct Canada is a member of the Canadian Bankers Association and registered member with the Canada Deposit Insurance Corporation, a federal agency insuring deposits at Canada's chartered banks.