Indy Mac Bank: Latest Job Openings, Reviews and Ratings & Profile wise Salary Distribution

Indy Mac Bank Careers & Info

Indy Mac Bank Overview

Independent National Mortgage Corporation more commonly known as IndyMac Bancorp (IndyMac Bank) was the seventh largest mortgage originator in the United States prior to filing for Chapter 7 bankruptcy; due to the use of nontraditional loan products and the mortgage market decline in 2007. IndyMac Bank was originally known as Countrywide Mortgage Investment which was founded in 1985 by David S. Loeb and Angelo Mozilo. The Federal Deposit Insurance Corporation (FDIC) auctioned IndyMac Bank to the only bidder IMB HoldCo LLC for all of the IndyMac Bank assets. Through this transaction, IMB HoldCo capitalized OneWest Bank with approximately $1.3 billion, which included IndyMac Bank assets. IndyMac Mortgage Services in presently a division of OneWest Bank, which is headquartered in Pasadena, California, USA.

OneWest Bank is a privately owned federal savings bank with 74 convenient Southern California Branches including total assets of $25 billion and approximately $14 billion in deposits, as of 2012. OneWest Bank is well known for their wide array of banking products and services.

Indy Mac Bank Job Information

OneWest Bank is becoming a premier employer in the financial sector, and they offer competitive salaries and excellent benefits. OneWest Bank believes in the future , and they assist their employees with various retirement saving plan options beyond the traditional 401K retirement plan. These options include a Health Care Flexible Spending account and a Dependent Care Flexible Spending account.

What jobs pay the most at Indy Mac Bank?

Lending Manager is the highest paying job at Indy Mac Bank at $130,000 annually.