ShareBuilder has some exciting news. As of November 15, ShareBuilder has been acquired by ING DIRECT, the nation's largest direct bank with over 5.5 million customers and $75 billion in U.S. assets (part of Netherlands-based ING, NYSE: ING). ING DIRECT shares our vision of helping Americans increase their savings.
ING DIRECT is widely recognized for offering some of the most popular and easy-to-use financial products. Joining the ING DIRECT family will benefit you by providing simple and innovative products and services that can help you meet your saving and investing goals.
Rest assured there have been no changes made to your Orchard Bank ShareBuilder account. All of the easy account maintenance, trading tools and customer service functions you are accustomed to will remain the same. The only change you will find is an eventual logo and color change as ShareBuilder begins to adopt ING DIRECT's signature Orange color. You can also continue to use the same account number, login and password, and can access your account anytime through the co-branded ShareBuilder website.
We look forward to sharing more information with you over the coming months. If you have any questions, we invite you to contact us at 1-866-SHRBLDR (1-866-747-2537).
The ShareBuilder team is really excited by what this news means for you!
Best regards,
Dan Greenshields
President
ShareBuilder Securities Corporation
Here is a link to the full Press Release
This is interesting news, I wonder how this will effect anything if at all. This acquisition in addition to ING's buying, now defucnt NetBank's assets, must be dramitically increasing ING's customer base.
I currently have an account at both institutions. I don't use my ING account much due to the low interest rate, but I use my Sharebuilder account all the time. I have $200 auto invested each month into 5 different ETF funds. They were doing well until last week, but this is a long term investment so I really just try to not watch it fall.
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