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Open a high interest Kasasa Checking Account at Atlantic Coast Bank and you could earn 3.01 percent annual percentage yield (APY). The interest rate is current as of May 16, 2011, and can change at any time. The free checking account earns the interest rate on balances up to $15,000. Balances over $15,000 earn 0.5 percent APY. If requirements of the account are not met, the interest rate is 0.05 percent APY for all funds in the account.

Other details of the checking account offer include:

  • Minimum opening deposit of $100
  • No minimum balance
  • No monthly fees
  • Refunds up to $25 of nationwide ATM fees
  • eStatements
  • Direct deposit

Atlantic Coast Bank has other free checking accounts available. Coast Checking is an account “with no strings attached. There are no minimum balance requirements, per-item fees or direct deposit requirement. The account offers a free debit card, Internet banking and bill pay. The Fresh Start Checking requires $100 to open but has no minimum balance requirement. It also has unlimited check writing and free online banking.

Atlantic Coast Bank has branches throughout northeast Florida and southeast Georgia. Free ATMs are available at over 900 Publix Presto! locations.

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