NBRS Kasasa Accounts: Drop To .80% And .65% From 4.01% And 1.75 APY, No Bal Cap, No Debit Requirements Now

NBRS Financial Bank (0 stars) - Details

NBRS sent a notice on 12/3/10 that effective 12/1/10 their Kasasa market leading rates will end.

jkinmd9 posts since
Jul 1, 2010
Rep Points: 39

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This post applies to the following states: MD,PA.

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1. Friday, December 3, 2010 - 2:29 PM

Thanks for posting. It looks like NBRS might have been hit with the label of "less than well capitalized" and forced to stay under the FDIC rate caps. The rate cap for interest checking is 0.85%.

KenBDG4,048 posts since
Nov 29, 2009
Rep Points: 106,905