IndyMac Bank Ceramic Ornament
Round / One size
$15.99
Sale price
$15.99
Regular price
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Celebrate a distinctive piece of corporate history with this IndyMac Bank ceramic ornament. More than seasonal décor, it is a small tribute to a California banking name tied to Pasadena, mortgage lending, and the rapid financial changes of the 2000s. IndyMac’s journey from its 1985 beginnings to its 2008 transition gives collectors a meaningful story behind the design. Hang it in a workspace, archive-inspired display, or holiday setting as a conversation-starting marker of a vanished institution and its era.
IndyMac, short for Independent National Mortgage Corporation, began in 1985 as Countrywide Mortgage Investment, founded by David S. Loeb and Angelo Mozilo to collateralize loans too large for sale to major secondary-market purchasers. Countrywide spun off IndyMac as an independent company in 1997, with Mike Perry as chief executive. In July 2000, IndyMac Mortgage Holdings acquired SGV Bancorp, parent of First Federal Savings and Loan Association of San Gabriel Valley, adopted the IndyMac Bank name, and became a California-headquartered bank. Its Pasadena holding company later acquired Financial Freedom in 2004, New York Mortgage Company in 2007, and Barrington Capital Corporation in 2007. The bank expanded through mortgage lending, including Alt-A and reverse mortgages. Following mortgage-market disruption, the FDIC placed IndyMac Bank into conservatorship on July 11, 2008. Much of the business was sold to IMB HoldCo LLC and became OneWest Bank, while IndyMac Federal Bank was created to wind down remaining assets and liabilities.
IndyMac Bank Ceramic Ornament
$15.99
Sale price
$15.99
Regular price
| Heart | Round | |
|---|---|---|
| Diameter, in | 3.21 | 2.80 |
Celebrate a distinctive piece of corporate history with this IndyMac Bank ceramic ornament. More than seasonal décor, it is a small tribute to a California banking name tied to Pasadena, mortgage lending, and the rapid financial changes of the 2000s. IndyMac’s journey from its 1985 beginnings to its 2008 transition gives collectors a meaningful story behind the design. Hang it in a workspace, archive-inspired display, or holiday setting as a conversation-starting marker of a vanished institution and its era.
IndyMac, short for Independent National Mortgage Corporation, began in 1985 as Countrywide Mortgage Investment, founded by David S. Loeb and Angelo Mozilo to collateralize loans too large for sale to major secondary-market purchasers. Countrywide spun off IndyMac as an independent company in 1997, with Mike Perry as chief executive. In July 2000, IndyMac Mortgage Holdings acquired SGV Bancorp, parent of First Federal Savings and Loan Association of San Gabriel Valley, adopted the IndyMac Bank name, and became a California-headquartered bank. Its Pasadena holding company later acquired Financial Freedom in 2004, New York Mortgage Company in 2007, and Barrington Capital Corporation in 2007. The bank expanded through mortgage lending, including Alt-A and reverse mortgages. Following mortgage-market disruption, the FDIC placed IndyMac Bank into conservatorship on July 11, 2008. Much of the business was sold to IMB HoldCo LLC and became OneWest Bank, while IndyMac Federal Bank was created to wind down remaining assets and liabilities.
| Heart | Round | |
| Diameter, in | 3.21 | 2.80 |
Product features
- 100% white ceramic construction — strong and durable
- Double-sided print with matte finish option
- Golden hanging string included
- UV-decorated for lasting color
- Available in white or gold gift packaging (single ornament per pack)
Care instructions
- Use a microfiber cloth to gently remove any dust or dirt build-up. Avoid harsh chemicals or cleaners. Instead, dampen a cotton wool swab in warm water (just a few drops per liter of water) and gently roll the swab over the ornament and refrain from scrubbing
EU representative: HONSON VENTURES LIMITED, gpsr@honsonventures.com, 3, Gnaftis House flat 102, Limassol, Mesa Geitonia, 4003, CY
Product information: Generic brand, 2 year warranty in EU and Northern Ireland as per Directive 1999/44/EC
Care instructions: Use a microfiber cloth to gently remove any dust or dirt build-up. Avoid harsh chemicals or cleaners. Instead, dampen a cotton wool swab in warm water (just a few drops per liter of water) and gently roll the swab over the ornament and refrain from scrubbing