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Coulee Bank Reward Checking Dropping To 3.03% On 11/1/2010

Sunday, October 31, 2010 - 4:58 PMCoulee Bank - Details
Just received the following email note:


Dear Coulee Bank Customer,

Effective Monday, November 1, 2010, Coulee Bank's Annual Percentage Yield (APY) for Rewards Checking will be changing to 3.03 APY. This adjustment is necessary due to the prolonged low interest rate environment that we find ourselves in.
It has always been our intention to keep the Annual Percentage Yield on Rewards Checking at a level that it is competitive and attractive to both our local and national customers. Even with this adjustment, our annual yield percentage is still the highest in our region and one of the best you can find nationwide.
jeremy33jeremy337 posts since
Oct 31, 2010
Rep Points: 25
1. Sunday, October 31, 2010 - 5:15 PM
From 3.33%; loooks like still $25K.  Not a big drop; but return to average RCA APY.
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,427
2. Monday, November 1, 2010 - 2:44 AM
Coulee was my first RCA back when they were at 5.01% APY.  Nice people there.
dunkerdunker136 posts since
Jun 11, 2010
Rep Points: 414