Danverbank Cuts Savings Account and 4-Month CD Rates

The DBK Online Savings Account rate fell from 1.50% to 1.35% APY, and the 4-month online CD rate fell from 1.75% to 1.25% APY (quite a big fall). Both accounts are available nationwide. Refer to my Danverbank review for more details.

Hat tip to the reader Wil who mentioned this news in the Open Discussions Thread.