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4.01% Reward Checking Account at Willamette Community Bank in Oregon - Local Only

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Willamette Community Bank
Willamette Community Bank is offering a reward checking account called Platinum Rewards Checking. The account offers the following rates and features if certain monthly requirements are met:
  • 4.01% APY on balances up to $35,000
  • 1.01% APY on balances over $35,000
  • 0.10% base rate if qualifications are not met
  • Refunds all ATM fees nationwide
The monthly requirements include:
  • 10 debit card purchases
  • One direct deposit, online bill pay or ACH debit
  • Access online banking
  • Receive e-statements
Additional features of the account regardless of the monthly requirements include:
  • No minimum balance requirement
  • No monthly service charge
  • Free Online Bill Pay
  • Multiple accounts can be opened, but requirements must be met for each account
There's an online application via CheckingFinder.com, but it appears to be limited to Oregon residents. Branches are located in Albany and Lebanon, Oregon.

The bank has been FDIC insured since 2003 (FDIC Certificate # 57513).

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.

  Tags: Willamette Community Bank, Oregon, checking account, reward checking account

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Comments
5 Comments.
Comment #1 by Anonymous posted on
Anonymous
Is it a hard or soft pull?
BTW, by how many points does one credit score drop when it is a hard pull enquiry?

1
Comment #2 by Anny (anonymous) posted on
Anny
Rate drops to 3.26% next week

2
Comment #3 by Anonymous posted on
Anonymous
Talked to the CSR. They said that they don't offer any ACH. You can initiate ACH at other banks and it works fine, but you cannot initiate ACH through this bank. Was surprised that this feature was missing.

1
Comment #4 by Anonymous posted on
Anonymous
Just tried to apply for this and it is now only open to residents of Linn and Benton county, not all Oregon residents

1
Comment #5 by Anonymous posted on
Anonymous
Does anyone know what ATMs this bank uses? Seems like it was USBank but it has been a while since last deposit

1