ING Direct

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Headquarters: 1 South Orange Street Wilmington, DE 19801 Employees: 11,000 in U.S. CEO: Arkadi Kuhlmann U.S. subsidiary of Dutch firm ING Group. Stock Symbol: ING Website: http://www.ingdirect.com Career Site Headquartered in Wilmington, DE, ING Direct USA is part of ING Group of the Netherlands, one of the world's largest financial services institutions. ING Direct offers simple and high-paying financial products directly to consumers over the Internet and by phone. The company currently offers online savings accounts of 1.65% which is higher than most retail banks but rates have dropped sharply this year. ING also offers certificates of deposit for up to five years. Customers can also get home equity loans, mortgages, checking accounts and buy stocks through Sharebuilder, an online brokerage that ING acquired in 2007. ING Direct is a federally chartered bank insured by the FDIC. Individual deposit accounts are covered to $250,000. The company says it has more than 7 million customers in the US, and 15 million customers served by ING Direct divisions in Canada, Australia, France, Spain, Austria, Italy, United Kingdom and Germany. ING Direct was launched in September 2000. The company operates cafes in NYC, Chicago, Philadelphia, Los Angeles, St. Cloud MN and Wilmington, DE where visitors can get coffee, surf the Internet and learn more about ING products. ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries. ING employs over 112,000 people in 50 countries, including more than 10,000 in the US, and has been operating in America for over 100 years. ING announced it would layoff 700 workers in the U.S. this year. Updated March 12, 2009