4.50% Reward Checking Account at Texas Heritage Bank - Local Only
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Update 11/09/09: The reward checking account is no longer listed at the bank's website. Here is the reply I received from the bank: "Due to the overwhelming response to the Reward Checking product we have found it necessary to temporarily suspend the offering to new customers."
Texas Heritage Bank is offering a rewards checking account with the following rates and features if certain monthly requirements are met:
The bank's ratings for safety and soundness are solid: 4 stars (excellent) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both ratings are based on 3/31/09 financial data. The bank has been a FDIC member since 1934 (FDIC Certificate # 11903).
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.
Texas Heritage Bank is offering a rewards checking account with the following rates and features if certain monthly requirements are met:
- 4.50% APY on balances up to $25,000
- 1.01% APY on the portion of the balance over $25,000
- 0.05% base rate if qualifications are not met
- ATM fees refunded nationwide up to $40
- 10 Visa debit card purchases
- 1 direct deposit or ACH debit
- Receive e-Statements
- $50 minimum intial deposit
- No minimum balance requirement
- No monthly service charge
- Multiple accounts can be opened, but requirements must be met for each account to qualify for the top rate
The bank's ratings for safety and soundness are solid: 4 stars (excellent) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both ratings are based on 3/31/09 financial data. The bank has been a FDIC member since 1934 (FDIC Certificate # 11903).
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.