Independence Savings Bank (ICBC) Message Board

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Non-Tech : Independence Savings Bank (ICBC)

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To: robert emann who wrote (214)	4/10/1998 4:12:00 PM
From: Steve Bogart	of 246

<<My broker for my IRA is Schwab. I asked them if I bought a CD through them and the bank converted, would I be eligle to participate in the IPO under there custodian arrangement with the bank. Schwab said I would have to check with the bank as to what their position would be. Have any of you explored this with your broker or mutual bank? >> Who ever bought a CD thru Schwab for a bank??? I would just rollover your Schwab IRA (assuming it's a money market) into a Bank CD...if they'll accept rollover.

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