Comments on: Redneck Bank Paying 5.25% APY on Checking http://bobmccarty.com/2009/03/11/redneck-bank-paying-525-apy-on-checking/#utm_source=rss&utm_medium=rss&utm_campaign=redneck-bank-paying-525-apy-on-checking Humor, Politics, Culture & Capitalism @BobMcCarty Mon, 22 Mar 2010 00:49:08 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: hotoffthepress2 http://bobmccarty.com/2009/03/11/redneck-bank-paying-525-apy-on-checking/comment-page-1/#comment-16568 hotoffthepress2 Mon, 11 May 2009 13:46:37 +0000 http://bobmccarty.com/?p=13151#comment-16568 Sorry to hear about your experience, Tony, but my intent in publishing this post was only to recognize the humor of the bank's name. Sorry to hear about your experience, Tony, but my intent in publishing this post was only to recognize the humor of the bank’s name.

]]> By: Tony Ellis http://bobmccarty.com/2009/03/11/redneck-bank-paying-525-apy-on-checking/comment-page-1/#comment-16567 Tony Ellis Mon, 11 May 2009 13:36:13 +0000 http://bobmccarty.com/?p=13151#comment-16567 They slashed those rates May 5, 2009. Mega Money Market rate was baited at 3.10% now switched to 2%. Checking was baited at 5.25% is now at 4%. They said they were too busy to continue those rates. Bait and switch comes to mind. Would not recommend this bank to anyone. It took over 3 weeks to open my account, then another week to validate my account. Finally got the accounts up and running, now come to find out the account they took a week validating is not valid for transferring money into or out of. It must be validated again, oh well, another week or so without my money. I don't think "bankin is funner" over there. They slashed those rates May 5, 2009.

Mega Money Market rate was baited at 3.10% now switched to 2%. Checking was baited at 5.25% is now at 4%. They said they were too busy to continue those rates. Bait and switch comes to mind.

Would not recommend this bank to anyone. It took over 3 weeks to open my account, then another week to validate my account.

Finally got the accounts up and running, now come to find out the account they took a week validating is not valid for transferring money into or out of. It must be validated again, oh well, another week or so without my money.

I don’t think “bankin is funner” over there.

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