Acacia Federal Checking Account Review – .5% APY Interest Checking Account
For those in the Washington, DC Metro area, this Acacia Federal Checking Account review, .5% APY Interest Checking account takes a look into one of a number of checking accounts offered by Acacia Federal Saving Bank. This bank is a thrift institution which has been operating in the Washington DC Metro area since it opened in March 1985. It is a subsidiary of the Acacia Life Insurance Company. Acacia Federal runs its nationwide deposit operation and conducts regional loan production from one location in Falls Church, Virginia.
Acacia Federal has a checking account for you under its Choice Checking. You can use any of these whether you write checks to pay your bills or you use the convenience of online bill pay. You also have an option whether you keep a high balance in your checking and want to earn interest or you keep only enough for your monthly cash flow and want to avoid a service charge.
With Acacia Federal’s Interest Choice checking, it requires a $500 minimum deposit to earn interest. If the balance falls below that, there is a $5.00 monthly maintenance fee. Interest Choice checking has an interest rate of 0.50% with an APY of 0.50%. This rate was posted 3/8/2010 and is still accurate and effective 3/22/2010.
Like all other Acacia Choice Checking, Interest Choice checking lets you use any ATM in the Star, CU24, and Cirrus ATM networks free of charge. Acacia Federal does not charge for a Visa Check Card or for ATM usage. They will also refund any ATM fees that are charged to you by the ATM’s owner. The checking account also allows you to shop anywhere without having to write a check or use credit. Acacia Federal gives you free use of Visa Check Card for purchases at Visa merchants worldwide. They also cover foreign currency conversion fees. There is also free Online Banking and free Bill Pay Service.
The bank rates may vary without prior notice. Check out current information regarding this Acacia Federal Checking Account review ,.5% APY Interest Checking account before applying for the Interest Choice checking.
For additional resources about checking accounts please view Chase Online Checking Account Bank Bonus $100 and Best Checking Account Bonuses March 2010 on this website.
Another resource for financial information of interest can be found at CD Rates versus Fed Funds Rate Increases which is available on our sister website of www.bestcdratestoday.com.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name.
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Top Interest Checking Accounts 2010 | Online Banks on
Fri, 26th Mar 2010 7:30 am
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