Matthew Botos

I previously wrote how pleased I had been with ING’s purchase of NetBank after FDIC Shuts Down NetBank Due to Defaults. One hurdle I was waiting to see them clear was transferring all my online bill payment information.

They decided to punt on that one, and just convert NetBank Checking accounts into ING Savings accounts. Which is bit lame, given ING has a paperless checking account they claim lets you pay anyone. I created one of those on my own, and moved the few repeating payments I had setup; the rest I’ll add as the bills come in. It’s a minor inconvenience, though not bad considering my bank did go belly up. The new account is actually pretty slick: send anyone a paper check, an electronic funds transfer, or pay a bill.