2014 high-yield checking: Liberty Bank
Liberty Bank in Alton, Illinois, near St. Louis, requires one direct deposit or automatic payment per month on its high-yield checking account, with a balance cap of $10,000. 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.
Location: Alton, IL
|Nationally offered? Y||APY: 1.76%||APY if conditions not met: 0.03%||Monthly debit transactions required: 15||Bill pay or automatic withdrawal required? Y*||Direct deposit required? Y*||Balance cap: $10,000|
- Kasasa Cash: Available nationally.
- Either one direct deposit or automatic payment; e-statements required monthly.
- ATM fees refunded up to $20 per month.
- Balance above $10,000 yields 0.30%.
*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.