Thursday, October 13, 2011 - 10:08 AM

Rate Drop At Randolph-Brooks Federal Credit Union

Randolph-Brooks Credit Union (0 stars) - Details

I see Randolph-Brooks Federal Credit Union dropped their 7-year certificate rate by .10%. Relatively small, but even they are beginning to throw-in the towel like all the other institutions.

Shorebreak538 posts since
Apr 6, 2010
Rep Points: 1,940

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This post applies to the following states: TX.

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1. Thursday, October 13, 2011 - 11:48 AM

Thanks for the update. Sorry to see another rate cut.

Unfortunately, the rate cuts are increasing in frequency. Below is the APY history of RBFCU's 7-year CD with a $75K minimum:

10/12/2011    3.30%
10/05/2011    3.35%
08/10/2011    3.40%
10/27/2010    3.45%
10/13/2010    3.51%

KenBDG4,048 posts since
Nov 29, 2009
Rep Points: 106,904

2. Thursday, October 13, 2011 - 3:00 PM

We can thank Bernanke's Operation Twist for the latest cuts.

Shorebreak538 posts since
Apr 6, 2010
Rep Points: 1,940