Alliant Credit Union To Cut Savings And Checking Yield To 1.35% In September

Just received an email from a reader who had talked with an Alliant rep today and was informed that they will be reducing the Savings Account and High Rate Checking yield in September from 1.50% APY to 1.35% APY.

At least the rate cut is smaller than the last one when the yield fell from 2% to 1.50% APY on April 1st.