Explore Bankrate's 2015 High-Yield Checking Survey: 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 2015 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
|Default APY %||0.05|
|Monthly debit transactions required||10*|
|Bill pay or automatic withdrawal required?||Y*|
|Direct deposit required?||Y*|
|APY % above cap||0.1|
Rewards Checking: Available nationally. Either 1 direct deposit or automatic payment is required and at least 10 signature-based debit card purchases with a minimum amount of $5 must post and settle each month. E-statements are required. Balance above $10,000 yields 0.1%, if requirements are met. ATM fee refund: Up to $25 per month with a maximum refund of $4.99 per transaction.
*See notes section for more details.
Bankrate.com canvassed banks, thrifts and credit unions from March 16 to March 25 and has displayed data on 56 high-yield checking accounts.