I can recommend IndyMac Bank Super Savings account to high-income customers because its APY is among the highest APYs in the country (as of 07/04/2003)
I can not recommend IndyMac Bank to low-income customers either because it charges a $5 fee for online bill payment. Many online banks offer bill pay for free (State Farm Bank, Farm Bureau Bank, Ascencia Bank, etc). IndyMac Bank does not offer ATM rebates for its Value Checking (free checking) account . It does offer ATM rebates for its Premium Checking account that requires to keep $1000 to avoid a monthly fee. But after 01/01/03, Premium Checking customers will have to keep $5000 minimum monthly balance to get ATM rebates.
You can find better terms of a checking account elsewhere. For example, the interest checking account of First Internet Bank of Indiana with $500 minimum balance requirement gives you free bill payment, ACH-in transfers, e-bills, email alerts, and ATM rebates.
Conclusion: there are online banks around that have much better checking products than checking accounts at IndyMac Bank.