3.51% Reward Checking Account at The Citizens Bank of Ashville, Ohio


Update 10/24/09: The top rate has fallen to 3.51% APY.

The Citizens Bank of Ashville is offering a reward checking account that pays 3.51% APY on balances up to $25,000 (1.01% for above) and refunds ATM fees if the following monthly requirements are met:
  • 15 debit card purchases
  • one direct deposit or ACH debit
  • access online banking
  • receive electronic statements
If these are not met, the rate falls to 0.10%. The minimum initial deposit is $50. There are no monthly service charges and no minimum balance requirements.

It appears that a branch visit may be required to open an account. Branches are located in Ashville and Circleville, Ohio which are just south of Columbus. The bank has been FDIC insured since 1934 (FDIC Certificate # 13223).

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.

Rate History:
10/14/09: 3.51% APY up to $25K
05/17/09: 4.01% APY up to $25K; 1.01% over; 0.10% base rate
08/31/08: 5.25% APY up to $25K; 1.51% over; 0.20% base rate
Matthew (anonymous)   |     |   Comment #1
Rate is now 4.01%