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Park Bank

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#1 markber


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Posted 09 October 2005 - 03:53 AM

Website of Park Bank
FDIC Certificate # 19608
Address: 2401 South Park Street, Madison, Wisconsin, 53713

#2 vivyip


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Posted 29 July 2006 - 10:03 PM

This bank has a promotional rate for checking through 2006.



The Park Bank Investor Checking Account

Combine the earnings of a money market account with the convenience of a traditional checking account.

4.50% APY*

Available Throughout 2006
$25,000 required to open

Unlimited check writing
No minimum check amount
**Annual Percentage Yield (APY) of 4.50% is correct as of April 6, 2006, and is guaranteed until December 31, 2006, on required minimum daily available balance of $25,000 or more. Accounts with a minimum daily available balance between $10,000 and $25,000 earn 3.50% APY as of April 6, 2006. Accounts with a minimum daily available balance below $10,000 earn .25% APY. After introductory period, the rate for accounts with a minimum daily available balance of $25,000 will float weekly at a minimum of 90% of the taxable money market fund 7-day compound yield as published in the Wall Street Journal. Interest rates are variable, determined at Park Bank’s discretion, and are subject to change. Interest will not be paid on any funds withdrawn prior to the interest due date. Not applicable to IRAs. Fees may reduce earnings. New consumer accounts only.