4.01% Reward Checking Account at Coastal Community Bank in Washington State - Local Only


Coastal Community Bank is offering a reward checking account called Green Rewards Checking. The account offers the following rates and features if certain monthly requirements are met:
  • 4.01% APY on balances up to $25,000
  • 1.01% APY on balances over $25,000
  • 0.05% base rate if qualifications are not met
  • Nationwide ATM fee refunds of up to $25 per month
The monthly requirements include:
  • 10 debit card purchases
  • One ACH direct deposit or auto debit
  • Receive e-statements
Additional features of the account regardless of the monthly requirements include:
  • $100 minimum opening balance
  • No minimum balance requirement
  • No monthly service charge
  • Free Online Bill Pay
There's an online application, however, I was told by a bank rep that they require you to come into one of their branches to open the account. Branches are located in the Washington State cities of Everett, Darrington, Monroe, Sultan, Freeland, Stanwood and Spokane.

The bank has been FDIC insured since 1997 (FDIC Certificate # 34403).

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.
6.27% 60-Month / 6.17% 36-Month CD at a Florida Bank (Coastal Community Bank).
Coastal Community Bank has several high yield long term certificates of deposits. These include a 6.27% APY 60-month CD, a 6.17% APY 36-month CD, a 5.90% APY 12-month CD and a 5.64% APY 12-month CD. The minimum deposit is $1K.

Branches are located in Panama City, Apalachicola and other cities in the Florida Panhandle. It appears you have to visit the branch to open an account.

The bank has been FDIC insured since 1934. Its financial rating by Bankrate.com is 4 out of 5 stars (sound).

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