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Wednesday, December 14, 2011 - 4:05 PM

Rate Drop Dismay

Resource Bank (A Nat'l Bank) (2 stars)
Just a few months back, I drove twelve hours round-trip from Minneapolis to northern Illinois to move my entire banking business to Resource Bank.  I was literally banking on the un-matched stability of Resource's 4% interest incentive on "Extreme Green" checking accounts.  All I can say now is that I'm extremely disappointed with this recent rate drop to 3%.  I will likely be moving my banking business back to Minnesota as a result.
2
DanielBeasleyDanielBeasley2 posts since
Dec 14, 2011
Rep Points: 6
1. Wednesday, December 14, 2011 - 4:14 PM
It should have been expected to drop. All of the high rates AND caps have been dropping.

You might want to rethink your stance. If the pattern continues 3% may be a very good rate.
3
pdxmalepdxmale93 posts since
Jul 11, 2010
Rep Points: 266
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