4.5% Checking Account Promo and $25 Bonus at an Oklahoma Bank

Union Bank is offering 4.5% APY on its Smart Checking Plus account through June 6, 2006. It's also offering $25 for direct deposit or ACH direct debit. The minimum opening deposit required to receive the bonus APY is $10K. There's a $100 fee if account is closed within 120 days. A $10 monthly fee is charged unless a minimum daily balance of $1K or an average daily balance of $2K is maintained.

This special is not listed at the bank's website but in a March 5th ad of The Oklahoma newspaper and is available online here

The bank has 5 branches in Oklahoma City and Edmond.