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2014 high-yield checking: Westfield Bank

Checking » High-Yield Checking » Survey » Westfield Bank

Westfield Bank in Westfield Center, west of Akron, Ohio, offers 2.01 percent annual percentage yield on its Dream Big Checking, with a middling 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.

Westfield Bank

Location: Westfield Center, OH

Nationally offered?APYAPY if conditions not metMonthly debit transactions requiredBill pay or automatic withdrawal required?Direct deposit required?Balance cap
Nationally offered? NAPY: 2.01%APY if conditions not met: 0.05%Monthly debit transactions required: 12Bill pay or automatic withdrawal required? Y*Direct deposit required? Y*Balance cap: $15,000

Notes:

  • Dream Big Checking: Available only to Ohio residents.
  • Either one direct deposit or auto payment required per month.
  • Enroll in online banking.
  • Balance above $15,000 yields 0.25%.

*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.

 

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