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2014 high-yield checking: BankGloucester

Checking » High-Yield Checking » Survey » Bank Gloucester

Massachusetts-based BankGloucester's Reward Checking has a midrange annual percentage yield, but account holders can earn it on a higher-than-average account balance. Bankrate's 2014 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.

City: Gloucester, Mass.

BankGloucester

Nationally
offered?
APYAPY if
conditions
not met
Monthly
debit
transactions
required
Bill pay or automatic withdrawal required?Direct
deposit
required?
Balance
cap
Y*1.51%0.1%10Y*Y*$25,000
Notes: Reward Checking: Available nationally but needs to be opened in a branch. One direct deposit or automatic debit per month required.

*See notes section for more details. Note: E-statements required on all accounts.

Bankrate.com canvassed accounts at banks, thrifts and credit unions from April 1-5, 2013, and has displayed data on 56 high-yield checking accounts offered by 54 institutions.

 

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