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3.50% Reward Checking Account at an Oklahoma Bank (First National)


FNB Community Bank
Update 3/13/09: The top yield has gone down to 3.50% APY. Refer to the bottom of the post for the rate history.

First National Bank of Midwest City is offering a rewards checking account that pays 3.50% APY on balances up to $25,000 (0.40% for above) and refunds ATM fees up to $25 if the following monthly requirements are met:
  • 12 signature-based check card purchases
  • one direct deposit or debit
  • view statements online
If these are not met, the rate falls to 0.10%. There is no minimum balance. One nice perk is free checks.

It appears to require a branch visit. Branches are located in the Oklahoma cities of Choctaw, Del City, Harrah, Midwest City and Tinker Air Force Base. The bank has been FDIC insured since 1944 (FDIC Certificate # 16127).

Thanks to the reader who emailed me on this reward checking account.

Other High Yield Reward Checking Accounts

To find reward checking accounts in other areas of the nation or to learn more about these accounts, please refer to my High Yield Checking website.

Rate History:
03/11/09: 3.50% APY up to $25K
12/22/08: 4.00% APY up to $25K, 0.40% APY for above, 0.10% if requirements not met
05/27/08: 4.25% APY up to $25K, 0.50% APY for above, 0.35% if requirements not met

Related Pages: checking account, Oklahoma, reward checking account, FNB Community Bank

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Comment #1 by Tony (anonymous) posted on
Coulee Bank ( ) offers an incredible 6.01% APY with their Rewards Checking account. The rate is easy to earn. All you have to do is make 10 check card transactions a month, use e-statements, and do 1 automatic payment a month (they call it ACH). Coulee Bank pays 6.01% on the first $25,000 and 1.01% on anything above that. The best thing about this account besides the rate is it is FREE, you can apply online, and it is from a great bank with real people that answer the phone. And as they like to say, Banking Green has its Rewards. The Rewards Checking account saves paper and preserves our natural resources. No wonder I feel good about recommending this to everyone I know. Check it out. I guarantee you will love it.

Comment #2 by Anonymous posted on
Banking Guy,
The rate has been lowered to 4% APY up to $25K and above $25K is 0.4%.

Comment #3 by Banking Guy (anonymous) posted on
Banking Guy

Comment #4 by Anonymous posted on
Top rate has fallen to 3.50% APY. Other rates remain same.

Comment #5 by Anonymous posted on
The footnote clarifies the checkcard requirement to be only signature based.