Capital One buys ING Direct: Good or bad?

For a while in the back of my mind I was wondering what would happen to ING Direct since they were going to have to sell off the American portion of ING due to regulatory reasons. That question has now been answered.

I am not sure how this will pan out in fee changes, website changes, and so forth. I am going to stay put for now and see what happens. I am working on a plan B in case I do need to switch banks. I am researching other options and getting ready just in case.

Personally I think (and hope) that Capital One will be smart and leave things as they are. ING is successful for a a reason. They don't nickel and dime customers, have a great online banking system, and don't have minimum balance requirements. Only time will tell but I am hoping for the best!