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

Friday, September 3, 2010 - 3:27 PMPeoples Bank of Kankakee County - Details
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 :-(
dunkerdunker136 posts since
Jun 11, 2010
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