2014 high-yield checking: Coulee Bank
Coulee Bank in La Crosse, Wisconsin, offers Kasasa Cash checking, with a relatively high annual percentage yield. But it is available only to residents of Wisconsin, Iowa and Minnesota. 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.
Location: La Crosse, WI
|Nationally offered? N||APY: 2.55%||APY if conditions not met: 0.10%||Monthly debit transactions required: 10||Bill pay or automatic withdrawal required? Y*||Direct deposit required? Y*||Balance cap: $15,000|
- Kasasa Cash: Available only in Wisconsin, Iowa, Minnesota.
- Either one direct deposit or automatic debit per cycle required, as well as e-statements.
- Balance above $15,000 earns 0.30%, if qualifications are met.
- ATM refund: Up to $20 in domestic ATM fee refunds per month, if qualifications are met.
*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.