Passumpsic Savings Bank is offering a reward checking account that pays 2.55% APY on balances up to $25,000 (0.40% for above) and refunds ATM fees (up to $5 per transaction) if the following monthly requirements are met:
- 10 debit card purchases
- one direct deposit or ACH debit
- access online banking
- receive electronic statements
It appears a branch visit is required to open the account. Branches are located in Vermont and New Hampshire. The bank has been FDIC insured since 1934 (FDIC Certificate # 14134).
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.
04/16/09: 2.55% APY up to $25K; 0.40% over $25K; 0.10% if req's not met
01/25/09: 3.25% APY up to $25K; 0.65% over $25K; 0.15% if req's not met
11/08/08: 4.05% APY
06/01/08: 4.55% APY up to $25K; 1.05% over $25K; 0.25% if req's not met