2014 high-yield checking: Lee County Bank & Trust
Lee County Bank & Trust in Fort Madison, Iowa, offers only a 1.10 percent annual percentage yield on The Big Account and it's available only in Iowa, Illinois and Missouri. 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.
Lee County Bank & Trust, N.A.
Location: Fort Madison, IA
|Nationally offered? N||APY: 1.10%||APY if conditions not met: 0.05%||Monthly debit transactions required: 10||Bill pay or automatic withdrawal required? Y*||Direct deposit required? Y*||Balance cap: $15,000|
- The Big Account: Available only to Iowa, Illinois and Missouri residents.
- Either one direct deposit or auto payment, e-statements and access of online banking are required monthly.
- ATM fees refunded up to $25 per month; limited to $5 per transaction.
- Balance above $15,000 yield 0.10%.
*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.