State Bank of Cross Plains (WI) Offers State-Wide RCA


Availability: Market area for Ultimate Interest Checking covers all of Wisconsin.

For almost two years, State Bank of Cross Plains’ (SBCP) Ultimate Interest Checking account has earned 2.53% APY on qualifying balances up to $25k. Qualifying balances over $25k and non-qualifying balances both earn earning 0.01% APY.

Ultimate Interest Checking Qualification Requirements

  • At least 16 debit card transactions (signature).
  • Receive monthly eStatement.
  • Log in to eBank! at least once per month.

The Ultimate Interest Checking has no minimum balance requirement, monthly service fee, or minimum opening deposit. There is no mention of ATM fee reimbursement on the Bank’s website.


Headquartered in Cross Plains (15 miles outside of Madison), State Bank of Cross Plains’ market area is primarily Dane County, Wisconsin, but the Ultimate Interest Checking account is available to all Wisconsin residents through its online banking platform.

Opening an Ultimate Interest Checking account can be done online, or at any of the nine Wisconsin branches located in Black Earth, Cross Plains (2), Madison, Middleton, Mount Horeb, Oregon, Verona, and Waunakee.

Bank Overview

State Bank of Cross Plains (FDIC Certificate # 15091) has an overall health grade of "B+" at, with a Texas Ratio of 19.49% (above average) based on March 31, 2016 data. In the past year, SBCP has increased its total deposits by $48.33 million, an excellent annual growth rate of 7.63%. Please refer to our financial overview of State Bank of Cross Plains for more details.

State Bank of Cross Plains first opened its doors for business in 1908 and is the leading community bank in Dane County, Wisconsin. Between 2002 and 2010, the Bank acquired three other Dane County banks (Bank of Waunakee, Independent Bank, and The Black Earth State Bank) expanding its footprint in the County. State Bank of Cross Plains is currently Wisconsin’s 24th largest bank with assets in excess of $809 million.

How the Ultimate Interest Checking Compares

When compared to the 31 High Yield Reward Checking Accounts (RCA) tracked by, which are available to Wisconsin residents and have maximum qualifying balances of at least $25k, State Bank of Cross Plains’ Ultimate Interest Checking APY currently ranks first.

The above rates are accurate as of 8/29/2016.

To look for the best Reward Checking Account rates, both nationwide and state specific, please refer to our High Yield Reward Checking Account rates table or our Rates Map page.

3.01% Reward Checking Account at a Wisconsin Bank (State Bank of Cross Plains)
Update 11/08/09: The yield has fallen to 3.01% APY. Refer to the bottom of the post for the rate history.

State Bank of Cross Plains is offering a reward checking account called Ultimate Checking that pays 3.01% APY on balances up to $25,000 (0.05% for above) if the following monthly requirements are met: 1) 16 debit card signature-based purchases, 2) direct deposit, 3) receive eStatements, and 4) log onto online banking. If these are not met, the rate falls to 0.05%. There are no monthly service fees and no minimum balance.


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The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.