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2013 high-yield checking: The State Bank of Toledo

Checking » High-Yield Checking » Survey » The State Bank of Toledo

The State Bank of Toledo in Toledo, Iowa, offers only 1 percent annual percentage yield on its Hometown Rewards Checking account, but it has a high balance cap. Bankrate's 2013 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.

City: Toledo, Iowa

The State Bank of Toledo

Nationally
offered?
APYAPY if
conditions
not met
Monthly
debit
transactions
required
Bill pay or automatic withdrawal required?Direct
deposit
required?
Balance
cap
Y1%0.15%10Y*Y*$25,000
Notes: Hometown Rewards Checking: Available nationally. One direct deposit or automatic debit per month required. Log into online banking once per month.

*See notes section for more details. Note: E-statements required on all accounts.

Bankrate.com canvassed accounts at banks, thrifts and credit unions from April 1-5, 2013, and has displayed data on 56 high-yield checking accounts offered by 54 institutions.

 

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