First National Bank of Berlin is offering a reward checking account that pays 3.51% APY on balances up to $25,000 (0.25% for above) and refunds ATM fees if the following monthly requirements are met:
- 10 check card purchases
- one direct deposit or ACH auto debit
- Receive eStatements
There's an online application, but I was told by a banking rep that you are required to visit one of the bank's branches to complete the application process. Branches are located in the Wisconsin cities of Berlin, Gree Lake, Montello, Omro, Poy Sippi, Waunakee, Westfield and Winneconne.
The bank has been FDIC insured since 1934 (FDIC Certificate # 5286).
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.
Thanks to the reader who emailed me news of this reward checking account.
10/15/09: 3.51% APY up to $25K
08/15/09: 5.01% APY up to $25K; 0.25% over; 0.10% base
02/05/09: 5.01% APY up to $25K; 1.01% over; 0.10% base