First Rate Checking
For customers who embrace electronic banking and don't want to hassle with a minimum monthly balance or for those customers who want to earn a higher rate of interest on their deposits, this is the best choice.
on balances up to $15,000 if qualifications are met
if qualifications are not met
To qualify for the higher interest rate and receive reimbursements on your ATM fee surcharges, you must perform the following during the monthly qualification cycle:
* APY = Annual Percentage Yield. APYs are accurate as of 10/17/2013. Rates may change after account is opened. Minimum to open is $100.00. Enrollment in electronic statements is required to open and maintain this account. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $4.99 per individual transaction up to a maximum of $20.00 per monthly qualification cycle and credited to account on the last day of monthly statement cycle; (2) balances up to $15,000 receive APY of 1.75%; and (3) balances over $15,000 earn 0.25% APY interest rate on portion of balance over $15,000, resulting in range of 1.75% - 0.45% APY depending on the balance. If qualifications are not met, all balances earn 0.05% APY. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM-processed transactions do not count towards qualifying debit card transactions. “Monthly Qualification Cycle” means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Limit two accounts per primary Social Security Number (Business accounts do not qualify). ATM receipt must be presented for reimbursement of ATM fees of $5.00 or higher.