Update 2/05/2010: The top yield has fallen to 1.81% APY. Refer to the bottom of the post for the rate history.
Premier Bank is offering a rewards checking account with a yield of 1.81% APY on balances up to $50,000 (0.89% on over $50K). This rate and ATM refunds require the typical rewards checking monthly conditions: 10 check card transactions, 1 direct deposit or pre-authorized electronic payment and online E-Statements. If these are not met, the rate falls to 0.11%. The account has no minimum balance requirements.
Branches are located in Tallahassee and Quincy, Florida. The bank has been FDIC insured since 1995 (FDIC Certificate # 33992).
For other rewards checking accounts, please see my summary of the best checking accounts.
02/05/10: 1.81% APY for up to $50K, 0.89% over, 0.11% base
06/17/09: 3.01% APY for up to $50K, 1.01% APY for above, 0.11% APY base rate
05/03/09: 3.01% APY for up to $50K
04/05/08: 3.51% APY for up to $50K, 1.01% APY for above, 0.21% APY if requirements are not met
04/18/07: 6.01% APY for up to $50K, 1.51% APY for above, 0.51% APY if requirements are not met