2014 high-yield checking: The Provident Bank Green Checking
The Provident Bank of Jersey City, New Jersey, offers only 1 percent annual percentage yield on its Provident Green Checking on a balance cap of only $1,000. 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.
The Provident Bank
Location: Jersey City, NJ
|Nationally offered? Y||APY: 1%||APY if conditions not met: 0.15%||Monthly debit transactions required: 0||Bill pay or automatic withdrawal required? N||Direct deposit required? N||Balance cap: $1,000|
- Provident Green Checking: Nationally available.
- Only online statements are required.
- ATM fees reimbursed up to $10 per month.
- Balance above $1,000 yields 0.15%.
*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.