5.01% Reward Checking Account at Landmark Bank in Louisiana - Local Only

Landmark Bank is offering a reward checking account with the following rates and features if certain monthly requirements are met:

• 5.01% APY on balances up to $25,000
• 1.01% APY on portion of balance over $25,000
• 0.25% on all balances if requirements are not met
• Refunds ATM fees nationwide up to $25 per cycle and $5 per ATM transaction

The monthly requirements include:

• 10 Visa check card purchases (excludes ATM transactions)
• 1 direct deposit or automatic payment
• Enroll in online banking and receive e-statements

Additional features of the account regardless of the monthly requirements include:

• $100 minimum initial deposit
• No minimum balance requirement
• No monthly service charge
• Multiple accounts can be opened, but requirements must be met for each account to receive the top rate

There's an online application at the bank's micro-website. However, it states that you are expected to come into a branch to complete the application process. Branches are located in Clinton and Zachary which are in the suburbs of Baton Rouge.

The bank's ratings for safety and soundness are strong: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both ratings are based on 6/30/09 financial data.

The bank has been a FDIC member since 1934 (FDIC Certificate # 307).

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.