Peoples Bank Of Kankakee To Drop APY To 2.26% On 10/1

Effective 10/1 the Peoples Bank of Kankakee is dropping its APY to 2.26% from 3.01%.  It is also reducing from $50k to $25K the account balance that will receive this rate.  Fourteen months ago this account was available nationally and paid 4.01% on $50K.  Then it became available to Illinois residents only, followed by several reductions in the APY, and now a reduction the the account balance that will get the top rate.  We keep seeing the pattern with increasing frequency :-(