Legence Bank is offering a reward checking account that pays 3.25% APY on balances up to $25,000 (0.50% for above) and refunds ATM fees if the following monthly requirements are met:
- 10 debit card purchases
- 1 direct deposit, ACH debit or online bill pay
- access online banking
- receive statements electronically
There's an online application, but in the first page of the application it states "we ask that you complete your new account opening with an in-branch visit." Branches are located in Eldorado and Equality, Illinois and in Evansville, Indiana. The bank has been FDIC insured since 1934 (FDIC Certificate # 10886).
Other 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.
09/01/09: 3.25% APY up to $25K; 0.50% over
02/03/09: 4.01% APY
01/02/09: 5.01% APY
08/29/08: 6.01% APY up to $25K; 1% over