Free Checking Deal at Guaranty Bank

Guaranty Bank has a free checking account called Fresh Checking with many perks and no balance requirements or monthly service fees. Some of the notable perks include: $25 direct deposit bonus, $10 for unused checks from another bank, free checks for life of account and no per check charges. This checking account doesn't provide any interest, but as Bankrate's checking account survey mentioned, one monthly fee could equal two years of earnings from a typical interest checking account. So a noninterest checking account without balance requirements or monthly fees is often a better choice than an interest-bearing checking account.

Guaranty Bank also has some respectable rates on money market accounts and certificates of deposit. The Ultimate Money Market Account currently earns 3.75% and only has a $2.4K minimum balance requirment to earn that rate. Guaranty Bank is also offering two CD specials: a 4.15% 8-month CD and a 4.40% 15-month CD. Both have a $1K minimum deposit requirement. These rates are based on Wisconsin branches and are in APY.

Guaranty Bank has 75 branches in Illinois, Wisconsin and Minnesota. Most branches are open 7 days a week.