FNBO Direct Lowers it’s Online Savings APY to 1.65%

fnbo-direct-new-rate

Today FNBO Direct is announced they have lower their online savings yield to 1.65%.  That was a decrease of 25 basis point from their 1.90% APY.  I would’ve thought the rates were stabalizing and considering lot of banks offering high rates and/or bonus, this doesn’t look good.  Ally bank is currently offering 2.25% on their new online savings account.