Jeff Davis Bank in Jennings, Louisiana, offers a solid 3.25% annual percentage yield on its ZydeCash Checking account, but it is available only in Louisiana and southeast Texas. Bankrate’s 2016 High-Yield Checking Survey breaks down the returns you can get with each account and the hoops you’ll have to jump through to get them.

Jeff Davis Bank
Notes: ZydeCash Checking: Available in Louisiana and the southeast Texas counties of Jefferson, Orange, Jasper and Newton. *Either 1 direct deposit or automatic payment per month required. Must receive e-statements and access online banking monthly. All ATM fees refunded (limited to $5 per transaction), if requirements are met. Balance above $10,000 yields 0.25%, if requirements are met.
Location Jennings, LA
Is it offered nationwide? No
APY % 3.25%
Default APY 0.1%
Number of monthly debit transactions required 10
Is bill pay or automatic withdrawal required? Yes*
Direct deposit required? Yes*
E-statements required? Yes
Balance cap $10,000
APY above cap 0.25%

*See notes section for more details. canvassed banks, thrifts and credit unions Feb. 16-22, 2016, and displays data on 56 high-yield checking accounts.

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