Eagle Bank And Trust Lowers RCA Rate 2.50%APY To 1.75%APY Effective 1/30/13

The change was effective 1/31/13 and there was no notification to accountholders of any kind, other than an update to the website.    The effective date falls in the middle of the current qualification cycle, which ends 2/13.

The cap is unchanged at $30k. 

So now we know how the bank intends to pay for all the changes coming to Internet Banking 2/26/13.  They Emailed their accountholders with details of the change; if only they had also been as forthcoming about the rate change on their RCA.