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2013 high-yield checking: The State Bank of Toledo
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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 |
|---|
| Y | 1% | 0.15% | 10 | Y* | 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.