Free Checking with a high interest rate and nationwide ATM fee refunds**
Minimum Balance to Open the Account:
*0.20% Annual Percentage Yield (APY) paid on balances between one penny and $24,999.99. 0.20% APY paid on portion of balances from $25,000 each cycle if the minimum requirements are met. If you do not meet the minimum requirements during a given cycle, you will earn the Standard Rate of 0.05% APY. Rates as of October 10, 2012. We may change the interest rate and APY at any time after the account is opened. No minimum balance required, but you must deposit a minimum of $500 to open the account. Available for Personal Checking Accounts only. No monthly maintenance fee. If you do not meet the requirements per cycle, your account will still function as a free checking account earning the Standard Rate. However, it will not receive ATM refunds for that period.
**Automatic ATM Fee Refunds Nationwide include all transaction fees charged when using another bank’s ATM. ATM fee refunded up to $4.99 per item and up to 10 transactions per Statement Cycle. If ATM fees exceed $4.99, refund will not be given.