Americanet, Evantage, Redneck Banks Cutting Rates By 0.25%

The Huckabay banks (AmericaNet, Evantage and Redneck) have all posted the following rate cuts on their websites that take effect July 21, 2011:

• Mega Money Market accounts from 1.50% APY to 1.25% APY
• Rewards Checking from 3.25% APY to 3.00% APY

All of these accounts remain unavailable for new customers.

I don't like these cuts, but I credit the bank for making the cuts public well in advance.