2013 high-yield checking: First Bank & Trust
First Bank & Trust in Pipestone, Minn., offers Free easyGROW Checking, with a below-average annual percentage yield, but account holders can earn it on a higher-than-average balance. Bankrate's 2013 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: Magnolia, Ark.
Farmers Bank & Trust
|Notes: True Rewards: Only available to residents of Arkansas, Texas, Louisiana, Mississippi, Tennessee, Missouri and Oklahoma. One direct deposit, automatic credit, or debit transaction per month. Requires access to online banking.|
*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.