Tuesday, June 2, 2009

Savings account woes

A while back i saw that if i switched to an online savings account, i would get maybe 5x more interest than i was getting with the local branch...

Ever since september, i get a regular (every 3 months) update saying that they are lowering my interest rate yet again. And lately they're getting more frequent.

i cant complain too loudly, i know the economy's bad, so keeping the interest rate would be idiotic for them. It's just sad that i'm not surprised anymore when my interest rate gets lowered again.

Anyways, anyone know of a local bank in Rochester that will treat me well... i'm thinking it's time to put my money in with my community.