WaMu drops it's savings rate to 2.5% APY

[kaidez]

Woo-hoo!!!!!!!!

This happened last week but I'm just noticing it now...probably happened a few days after the Fed cut the intrest rate.

The truth is, I don't really care...at least, not really.  This affects my rainy day fund and not money that I have invested for wealth building or retirement.  And since this fund  was just recently built up to six months of expenses, I'm not looking for super growth on it right this second.

I'm gonna wait and see what Chase does when they take over.  If they do away with the stuff that I've become accustomed to with WaMu (free checks, free online bill pay, etc.), then I'll make a switch while taking into consideration who has good savings rates.

[eric]

A little bit in the same situation though I don't have much money in there anyhow. I thought about closing it down but I think I'm keeping it around since there are a lot of their banks and ATMs around here.