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Checking Account State Bank of Toledo
Checking » High-Yield Checking » Survey » State Bank of Toledo
High-Yield Checking State Bank of Toledo |
| Nationally offered? | APY | Default APY | Debit transactions required? | Bill pay or withdrawal option? | Direct deposit required? | Balance cap |
| Y | 1.31% | 0.15% | 10 | Y | Y | $25,000 |
| Notes: Hometown Rewards Checking -- Available nationally; either one direct deposit or ACH auto debit required. |
Note: ACH, short for "automatic clearinghouse," is the system used by U.S. banks to process a wide range of financial transactions, including automatic bill payment and direct deposit.
Bankrate.com surveyed 158 banks, thrifts and credit unions from April 11 to April 18 and has displayed data on 57 high-yield checking accounts offered by those institutions.