Explore Bankrate's 2015 High-Yield Checking Survey: Jeff Davis Bank
Jeff Davis Bank in Jennings, Louisiana, offers a solid 3.25 percent annual percentage yield on its Kasasa Cash account, but it is available only in Louisiana and southeast Texas. 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.
Jeff Davis Bank
Location: Jennings, LA
|Default APY %||0.1|
|Monthly debit transactions required||10|
|Bill pay or automatic withdrawal required?||Y*|
|Direct deposit required?||Y*|
|APY % above cap||0.25|
Kasasa Cash: Available in Louisiana and the southeast Texas counties of Jefferson, Orange, Jasper and Newton. Either 1 direct deposit or automatic payment per month required. Must receive e-statements and access online banking monthly. All ATM fees refunded (limited to $5 per transaction), if requirements are met. Balance above $10,000 yields 0.25%, 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.