Dedicated to Deposits: Deals, Data, and Discussion
DETAILSINSTITUTIONAPYMINMAXPRODUCT
American Bank & Trust Company, Inc.1.80%-$50kAmerican Incentive Checking
Accounts mentioned in this post. Rates as of April 18, 2014

High-Yield Reward Checking Account at American Bank & Trust in KY - Local Only

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American Bank & Trust is offering a high-yield reward checking account called American Incentive Checking. It has the following rates if certain monthly requirements are met (as of 10/03/2010):

  • 3.50% APY on balances up to $50,000
  • 1.25% APY on portion of balance over $50,000

Monthly requirements include:

  • 10 signature-based debit card purchases
  • 1 direct deposit or ACH credit/withdrawal
  • Receive e-statements

There are no monthly service fees. These requirements are currently not listed at the bank's website. I called last Friday for these details.

A branch visit is required to open an account. Branches are located in Bowling Green, Kentucky.

The bank's overall health score is 4 out of 5 with a Texas Ratio of 10.15% (excellent) based on 6/30/2010 data. Please refer to our financial overview of American Bank & Trust for more details. The bank has been a FDIC member since 2000 (FDIC Certificate # 35568).

Other High-Yield Reward Checking Accounts

It's rare to find reward checking accounts these days with a $50K balance cap with yields over 3.00%.

To find reward checking accounts in your state or to find those available nationwide, please refer to the reward checking section of DepositAccounts.com.

  Tags: checking account, Kentucky

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