Looks like Ally Bank dropped their rates over the weekend, about a week after my Ally Bank review. I don’t think this means they are an under-capitalized bank though, as the rates are still much higher than the upcoming FDIC rate caps. More likely, they simply got enough money at their previous rates, and felt they didn’t have to offer as much to attract deposits.
Ally Bank Drops Rate on 9-Month No-Penalty CD
June 8, 2009 By 15 Comments