To qualify for Better Checking rates, you must complete the following each "Qualification Cycle:
1.) Have at least 12 debit card point of sale transactions post and clear per qualification cycle.
2.) Receive your monthly statement electronically.
3.) Have at least one direct deposit, one auto debit or one On-Line Bill Pay post and clear per qualification cycle.
"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.
Earn nationwide ATM fee refunds each cycle the qualifications are met, up to $4.99 per withdrawal.
3.00% Annual Percentage Yield (APY) paid on balances between one penny and $20,000 and 1.00% APY paid on the portion of account balances over $20,000 for each monthly statement cycle the qualifications are met.
If you do not meet the qualifications during a monthly statement cycle, your account will still function as a free checking account earning 0.10% APY and you will not receive ATM refunds for that time period.
Annual Percentage Rates for this account are effective as of October 1, 2009 and subject to change after account is opened.
A minimum balance of $25 is required to open this account. Available for personal accounts only.