Update 5/17/09: The top rate has fallen to 4.00% APY.
Tioga State Bank has a reward checking account that pays 4.00% APY on balances up to $25,000 (0.91% for above) and refunds ATM fees (up to $25 per cycle) if the following monthly requirements are met: 1) 12 debit card purchases, 2) one direct deposit or ACH debit, and 3) receive online E-statements. If these are not met, the rate falls to 0.25%. The minimum opening blance is $25. There are no monthly service charges.
It appears a branch visit is required to open the account. Branches are located in the New York cities of Binghamton, Candor, Spencer, Endwell, Newfield and Owego. The bank has been FDIC insured since 1934 (Certificate # 9410).
Other High Yield Reward Checking Accounts
For other reward checking accounts and for more information on these accounts, please refer to the following posts:
- reward checking overview
- reward checking accounts available nationwide
- reward checking accounts around the nation
06/03/09: 4.00% APY up to $25K; 0.91% over
05/07/09: 4.00% APY up to $25K
03/27/08: 4.75% APY up to $25K; 1.01% over