St. Martin Bank & Trust Company has a reward checking account that pays 4.01% APY on balances up to $25,000 (0.25% for above) and refunds ATM fees up to $12.50 per cycle if the following monthly requirements are met:
- 10 debit card purchases
- one direct deposit or one electronic payment
- receive e-statements
- access online banking
It appears a branch visit is required to open an account. Branches are located in the Louisiana cities of St. Martinville, Parks, Lafayette and Broussard. The bank has been FDIC insured since 1934 (FDIC Certificate # 12610).
Other Rewards 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.
12/30/08: 4.01% APY for up to $25K, 0.25% APY for above
06/30/08: 5.01% APY for up to $25K, 0.50% APY for above
Edit 3/10/09: Base rate is 0.25%