2014 high-yield checking: Sutton Bank
Sutton Bank of Attica, Ohio, offers a 1.77 percent annual percentage yield on its Rewards Checking, but it has a high balance cap. 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: Attica, OH
|Nationally offered? N||APY: 1.77%||APY if conditions not met: 0.05%||Monthly debit transactions required: 11||Bill pay or automatic withdrawal required? Y*||Direct deposit required? Y*||Balance cap: $25,000|
- Rewards Checking: Available to residents of Ohio, only.
- Either one direct deposit or automatic debit per month is required.
- Foreign ATM fees reimbursed up to $5 per transaction.
- Balance above $25,000 yields 0.50%.
*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.