Discover acquires online savings accounts from ETrade

Have an ETrade savings account? You won’t for long! The troubled discount broker is selling off assets and will continue to focus on shoring up its core online trading business. ETrade also axed their mortgage business in 2009.

Discover acquires online savings accounts from ETrade – chicagotribune.com: “Discover Financial Services, whose online bank reached $12.6 billion in deposits last year, has acquired certain online savings accounts from ETrade Financial Corp.”

(Via Chicago Tribune.)

Share & Save: