First Federal Savings Bank is offering a reward checking account that pays 4.01% APY on balances up to $25,000 (1.01% for above) and refunds ATM fees up to $25 per cycle if the following monthly requirements are met:
- 12 debit card purchases
- one direct deposit or ACH debit
- receive E-statements
On the bank's front page, it states that they are not accepting any new out-of-state deposit accounts. So it looks like this deal is only for those in Idaho. Branches are located in Twin Falls, Buhl, Burley, Rupert, Jerome and Kimberly. The bank has been FDIC insured since 1935 (FDIC Certificate # 28845).
Other Rewards 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.
06/21/09: 4.01% APY up to $25K
07/06/08: 5.01% APY up to $25K; 1.01% over; 0.10% base rate