2014 high-yield checking: Community Bank of Raymore
Missouri-based Community Bank of Raymore's Rewards Checking has an average annual percentage yield, but the balance cap is below average. 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.
Community Bank of Raymore
Location: Raymore, MO
|Nationally offered? Y||APY: 1.50%||APY if conditions not met: 0.05%||Monthly debit transactions required: 10||Bill pay or automatic withdrawal required? Y*||Direct deposit required? Y*||Balance cap: $10,000|
- Rewards Checking: Available nationally.
- Either one direct deposit or auto payment is required per month; receive e-statements.
- ATM refund: Unlimited (receipts of more than $5 must be presented in the branch for reimbursement).
- Balance above $10,000 yields 0.10%.
*See notes section for more details.
Bankrate.com canvassed banks, thrifts and credit unions March 10-13 and reports data on 56 high-yield checking accounts offered by 54 institutions.