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2014 high-yield checking: Lee County Bank & Trust

Checking » High-Yield Checking » Survey » Lee County Bank & Trust, N.A.

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?APYAPY if conditions not metMonthly debit transactions requiredBill pay or automatic withdrawal required?Direct deposit required?Balance cap
Nationally offered? NAPY: 1.10%APY if conditions not met: 0.05%Monthly debit transactions required: 10Bill pay or automatic withdrawal required? Y*Direct deposit required? Y*Balance cap: $15,000

Notes:

  • 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.

 

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