Reliabank Dakota Checking Account – 4.07% APY
The Reliabank Dakota Checking Account – 4.07% APY is from a financial institution that is committed to serving the financial needs of residents and business alike of South Dakota. This has been Reliabank’s mission since its inception in 1920 when it was chartered by Fred Beskow family as Farmers National Bank of South Shore.
For balances between a penny and $25,000, you can earn an incredible 4.07% APY with the Reliabank Ultimate Checking. The Ultimate Checking features free photo-ATM/CheckCard. You can also pay your bills, for free, with the Online Bill Pay. Convenience is what you will enjoy when you get to use the free Real-time Online Banking anywhere you and are anytime you need to, as long as you have a computer and an internet connection. You can also receive free e-statements with the Ultimate Checking.
To earn the ultimate rate, you must make twelve CheckCard transactions per statement cycle. You should also have at least one direct deposit, one automatic debit, or one bill pay clear the account per statement cycle. You also need to be enrolled with and receive e-statements.
Available to personal accounts only, there is actually no minimum balance required but you must deposit $50 to open the account and there is no monthly service charge. Accounts with balances over $25,000 will earn the standard rate of 1.01% APY, if qualifications per cycle are met. If not, your account will still function as a free checking account earning a base rate of 0.10% APY.
These bank rates are effective as of 1/26/2010 and are current on 2/9/2010. To know more about the Reliabank Dakota Checking Account – 4.07% APY, contact their office today.
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