Commercial Bank is offering a high-yield reward checking account called Hometown Rewards Checking. It has the following rates and features if certain monthly requirements are met:
- 3.01% APY on balances up to $25,000
- 0.51% APY for portion of balance over $25,000
- 0.05% base rate if requirements are not met
- Reimburses ATM fees nationwide per cycle
- 10 debit card purchases
- 1 Automatic Payment or Direct Deposit
- $100 minimum initial deposit
- No minimum balance requirement
- No monthly service charge
- Free Bill Pay
The bank's ratings for safety and soundness are fair: 3½ stars (good) at BauerFinancial (based on 9/30/09 data) and 3 stars (performing) at Bankrate.com (based on 6/30/09 data). The bank has been a FDIC member since 1976 (FDIC Certificate 22354).
Other Reward Checking Accounts
To find reward checking accounts in other areas of the nation, please refer to the reward checking section of DepositAccounts.com. To learn more about reward checking, please refer to this reward checking overview.