Worthington Federal Bank in Huntsville, Alabama, offers a low annual percentage yield on its Kasasa Cash account, with a balance cap of $15,000. 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.
Worthington Federal Bank
Location: Huntsville, AL
APY if conditions not met
Monthly debit transactions required
Bill pay or automatic withdrawal required?
Direct deposit required?
Nationally offered? N
APY if conditions not met: 0.05%
Monthly debit transactions required: 10
Bill pay or automatic withdrawal required? Y*
Direct deposit required? Y*
Balance cap: $15,000
Kasasa Cash: Available to residents of northern Alabama within bank’s footprint.
Either one direct deposit or automatic payment required per month.
Must access online banking once per month and receive e-statements.
Foreign ATM fees reimbursed up to $4.99 per transaction.
For ATM fees in excess of $5, the receipt must be presented for reimbursement.