Explore Bankrate's 2015 High-Yield Checking Survey: Heritage Bank
Heritage Bank in Spicer, Minnesota, offers a below-average annual percentage yield on its eCentive Account, with a high balance cap of $25,000. 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.
Location: Spicer, MN
|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|
eCentive Account: Available nationally. Either 1 direct deposit or automatic payment per month is required. Must receive e-statements. ATM fee refund: Up to $25 per month, if requirements are met. Balance above $25,000 yields 0.1%, if requirements are met.
*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.