World Savings

World Savings is one of the major financial service providers for the consumers. The company holds nearly nine decades of glorious history with assets of more than $130 billion. Wachovia Corporation, the third biggest banking chain in the USA, is the parent company of World Savings. World Savings is a pioneer in providing excellent home loan and investment products. The company is committed to offer unparalleled services to its customers.

Wachovia went for a merger with Westcorp in the year of 2006 that made it the ninth biggest lender of auto finance in the USA’s auto finance market. This merger also gave Wachovia a small commercial banking and retail presence in California. In February 2007, 19 branches of Western Financial Bank started operating under the brand name of Wachovia. With these branches and also with the acquisition of World Savings Bank in 2007, Wachovia became more prominent in California.

After the acquisition of Wachovia, the World Savings is able to offer some additional loan products and services also. The various loans offered by World Savings are:
Home Equity
Education Loans
Secured Personal Loans
Vehicle Loans
Credit Cards
Equity Line of Credit

World Savings also offers a number of savings services. The individuals can open their savings account with the World Savings and can enjoy a number of facilities such as – online banking facility, customer service, etc. The saving account funds of World Savings Bank are insured up to $100,000 by the FDIC. World Savings also offers checking account options with the facilities such as – higher yields, no monthly charge, unlimited check writing facility, ATM facility, minimum deposit of amount $5,000, FDIC insured, no per-check charges and many more.

World Savings offers the benefits of World’s Golden Savers Society for the account holders of over 62 years and who maintain a balance of $25,000 in the bank with any combination of the various qualifying accounts. The benefits enjoyed by the society members are – no monthly service charge, free World Check Card, no charge for unlimited check writing, charge-free American Express Travelers Checks, free safe deposit box, free notary service, free teller’s checks, free statements and checks copies, charge free replacement of stolen or lost passbook and many more.

The various investment choices by World Savings include the investments in Mutual Funds, Stocks, Bonds, Insurance, Annuities and Managed money products.

Contact Details of World Savings Bank:

World Savings Bank, F.S.B
1901 Harrison Street
Oakland, CA 94612

More Information On Savings
Determinants of Savings Savings Concept
Economic Growth of Savings Account Savings Plan
National Savings Economies of Scale in Savings
MPS Savings Concept National Savings Certificate
Consumption and Savings Savings Schemes
Factors of Savings Diminishing Return
Life Cycle of Savings Household Savings
Economics of Savings Savings and Investment
Harrod-Domar Savings Concept Micro savings
Aggregate Savings Savings Motive
Savings Account Personal Savings
Savings Bond World Savings Rate

Last Updated on : 3rd August 2013