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Community Bank And Trust Power Interest Checking (3.05%APY, $25K)

Tuesday, June 11, 2013 - 8:42 AMCommunity Bank & Trust (WI) - Details
A helpful CSR confirmed that the RCA at this 4-star DA-rated Wisconsin institution continues to be available, with requirements unchanged from Ken's review.  Although it is no longer appearing on the bank's website, it still can be opened at a branch, and only by Wisconsin residents. 

Mention of the account has been removed from the website because it is being "revamped", with details of the new version of the RCA expected to be announced within 30 days. 

If you already have this account, pay careful attention to communications from the bank. 
8
pearlbrownpearlbrown1,431 posts since
Nov 2, 2010
Rep Points: 6,248
1. Monday, July 7, 2014 - 11:33 AM
The revamping of this account left it less "power"ful than it was a year ago.   The account is no longer included in the DA rate tables. 

The RCA is now paying 1.25%APY on up to $25K in qualifying balances. Requirements include:  direct deposit of at least $200 (ACH appears to be fine), 12 signature-based (ie:  credit, not debit) transactions of at least $10 each, enrollment in Estatements, and accessing online banking at least once per month.

Qualification cycle is from the 1st of the month to the last calendar day of the month.  If the last calendar day falls on a weekend or holiday, the cycle closes on the prior workday. 

The details of the account do not appear on the bank's website.  The account can be opened at a branch, and only by Wisconsin residents. 
2
pearlbrownpearlbrown1,431 posts since
Nov 2, 2010
Rep Points: 6,248
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