3.50% Reward Checking Account at an Oklahoma Bank (First National)
POSTED ON BY Ken Tumin
Update 3/13/09: The top yield has gone down to 3.50% APY. Refer to the bottom of the post for the rate history.
First National Bank of Midwest City is offering a rewards checking account that pays 3.50% APY on balances up to $25,000 (0.40% for above) and refunds ATM fees up to $25 if the following monthly requirements are met:
It appears to require a branch visit. Branches are located in the Oklahoma cities of Choctaw, Del City, Harrah, Midwest City and Tinker Air Force Base. The bank has been FDIC insured since 1944 (FDIC Certificate # 16127).
Thanks to the reader who emailed me on this reward checking account.
Other High Yield 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:
03/11/09: 3.50% APY up to $25K
12/22/08: 4.00% APY up to $25K, 0.40% APY for above, 0.10% if requirements not met
05/27/08: 4.25% APY up to $25K, 0.50% APY for above, 0.35% if requirements not met
First National Bank of Midwest City is offering a rewards checking account that pays 3.50% APY on balances up to $25,000 (0.40% for above) and refunds ATM fees up to $25 if the following monthly requirements are met:
- 12 signature-based check card purchases
- one direct deposit or debit
- view statements online
It appears to require a branch visit. Branches are located in the Oklahoma cities of Choctaw, Del City, Harrah, Midwest City and Tinker Air Force Base. The bank has been FDIC insured since 1944 (FDIC Certificate # 16127).
Thanks to the reader who emailed me on this reward checking account.
Other High Yield 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:
03/11/09: 3.50% APY up to $25K
12/22/08: 4.00% APY up to $25K, 0.40% APY for above, 0.10% if requirements not met
05/27/08: 4.25% APY up to $25K, 0.50% APY for above, 0.35% if requirements not met
The rate has been lowered to 4% APY up to $25K and above $25K is 0.4%.