Concordia Bank has a rewards checking account that has a yield of 3.51% APY on balances up to $25,000 (1.01% for above), and ATM fees are refunded if the following monthly requirements are met: 1) 10 debit card transactions, 2) one direct deposit or direct debit, and 3) receive electronic statements. There are no monthly service charges and no minimum balance requirements.
According to the banking rep, they require new customers to come into one of their branches to open accounts. Branches are located in the Missouri cities of Concordia, Laurie and Odessa. The bank has been FDIC insured since 1934 (Certificate # 13788).
For other high yield reward checking accounts and to learn more about these accounts, please refer to my High Yield Checking website.
09/24/08: 3.51% APY
04/14/08: 4.01% APY
04/09/08: 6.01% APY