2013 high-yield checking: Lake Michigan Credit Union
Lake Michigan Credit Union offers a solid 3 percent annual percentage yield on its Max Checking account but provides zero percent if balance qualifications are not met. 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: Grand Rapids, Mich.
Lake Michigan Credit Union
|Notes: Max Checking: Available nationally. A $5 donation to charity required if out of credit union area. Direct deposit or automatic deposit required as well as four online banking logins per month.|
*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.