4.00% Reward Checking Account at Adams Co-Operative Bank in MA


Update 7/18/09: The top rate has fallen to 4.00% APY.

Adams Co-Operative Bank is offering a rewards checking account that pays 4.00% APY on balances up to $25,000 (0.75% for above) and refunds all ATM fees nationwide if the following monthly requirements are met:
  • 10 debit card purchases
  • one direct deposit or ACH auto debit or online bill pay
  • receive eStatements via online banking
If these are not met, the rate falls to 0.05%. The minimum initial deposit is $25. There are no monthly fees or minimum balance requirements.

A branch visit appears to be required to open an account. Branches are located in Western Massachusetts in the cities of Adams, North Adams and Lanesboro. The bank has been FDIC insured since 1986 (FDIC Certificate # 26568).

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.

Rate History:
07/16/09: 4.00% APY up to $25K
11/18/08: 5.00% APY up to $25K; 0.75% over; 0.05% base rate
Anonymous   |     |   Comment #1
Reward is 4.00 APY now. By the way, thank you for the great site.