Wednesday, October 5, 2011 - 1:46 PM

Endura Financial Dropped Rate...

Endura Financial Federal Credit Union (0 stars) - Details

from (3.01%, $25K - $2,500 direct deposit) to (1.51%, $25K - $2,500 direct deposit) recently.

It does not look good for RCAs.

51hh1,044 posts since
Jan 16, 2010
Rep Points: 4,762

Edit | History

This post applies to the following states: MN.

Quick
Summary

1. Thursday, October 6, 2011 - 2:50 PM

I cannot find it in the rewards accounts table. Also, for some reason I did not receive a notification about the rate drop.

mariafalter57 posts since
Jun 6, 2010
Rep Points: 222

2. Thursday, October 6, 2011 - 3:32 PM

There are several banks/credit unions that this site stopped tracking.

51hh1,044 posts since
Jan 16, 2010
Rep Points: 4,762

3. Thursday, October 6, 2011 - 4:33 PM

IIRC, Ken has mentioned somewhere that an institution's rates are not available while they are being verified. When you go to Endura's hub page on this site and click on rates, a message is displayed, "We are currently reviewing the rates for Endura Financial Federal Credit Union for accuracy. Please check back in a few hours". That's probably why it looks like the institution is not being tracked. I imagine there have been a lot of changes as of Oct 1 and a lot of rates which need to be reviewed.

pearlbrown1,029 posts since
Nov 2, 2010
Rep Points: 3,959

4. Friday, October 7, 2011 - 8:18 PM

Actually that sentence "We are reviewing the rates ... check back in a few hours" appears in the rate charts of many banks and credit unions; And the rates are not coming back in a few hours:-). The only explanation may be that they no longer track the rates of these banks at all.

Take a look at Union Bank (Bank of Gower) as another example. Thier rate was recently reduced from (3.25%, $25K) to (2.5%, $25K).

51hh1,044 posts since
Jan 16, 2010
Rep Points: 4,762

5. Saturday, October 8, 2011 - 2:30 PM

Sorry about some banks being temporarily delisted in the tables.

I've reviewed Endura, and it's now listed again.

All the new lower October rates at the banks and credit unions caused many of these new rates to require a review on our side. And we are getting a little behind with those reviews. The rates are still being tracked, but we're just not displaying the rates until we have done the review. This is done with the intent to reduce the number of incorrect rate listings.

KenBDG5,153 posts since
Nov 29, 2009
Rep Points: 117,127