Rewards Checking Rate Tier Change As Stated In Email Rewards Checking Rate Tier Change 05/21/2010

Rewards Checking Rate Tier Change[/H2]    

 as stated in email

Rewards Checking Rate Tier Change  

05/21/2010

First National Bank of Trenton
P O Box 4
Trenton, TX 75490


Dear FNB Customer:

Rewards Checking Rate Tier Change!
*Annual Percentage Yield (APY) accurate as of July 1, 2010.

Effective July 1, 2010 Rate tiers are as follows: 2.00% APY applies to balances of $.01 - $20,000 and .85% applies to balances over $20,000 as long as qualifications are met each statement cycle. .10% APY applies to all balances if qualifications are not met.

If you have any questions regarding the REWARD CHECKING account, please reply to this email or call at 903-989-2235 or any branch location.

Sincerely,
First National Bank of Trenton

 This is after last months rate drop from 4.34% to 2.00% up to the 35k . Funny I got email today after I was at branch yesterday (No mention in branch)closing accounts there. They are a freindly, nice bank. Sorry but I will not work aka Debits and ach for 2% or 40bucks intrest.

On the not so bright side I opened a new one at IndependentBank in McKinney TX  Fast easy 4.01% only 8debits and one ACH or DD up to 25k and they have a savings account that gets 2.5% called RealSaver account as far as I know this is local only. Alliance is still over 4% at 4.10% in N.E Texas with 10 debits and one ACH or DD as listed in the forum and they offer free checks with the account