First Southern National Bank in Georgia Cuts Reward Checking Rate

It's another loss of a 5% reward checking account. First Southern National Bank's top rate is now 4.59% APY for balances up to $25K (was 5.01%). It's still a good deal. A reader recently reported that the bank allows any Georgia resident to apply online without a branch visit. Refer to the DepositAccounts hub page for First Southern National Bank for more details.

Hat tip to the reader 51hh who mentioned this news in the Open Discussion Thread.