Oklahoma City-based Bank2 is offering a Great Rate Checking Account with a 4.01% annual percentage yield (APY) on balances up to $15,000. Balances over $15,000 earn a 1.01% APY. The bank rates are accurate as of Feb. 8, 2010.
Details of the checking account offer include:
- $100 to open account
- No minimum balance requirements
- No monthly service fees
- Refunds of ATM fees up to $50
- Unlimited check writing
To qualify for the Great Rate and refunds of ATM fees you must make 12 check card purchases, one ACH or ETF direct deposit, receive e-statements, and sign up for free online banking. Requirements must be completed during each statement cycle and posted by the 5th of each month. Accounts that don’t meet all the requirements receive a bank rate of 0.1% APY on all balances.
Bank2 also has a Free Checking Account that you can open with a $50 deposit. The checking account offers:
- No service charge
- No minimum balance
- Unlimited check writing
- Free Bank2 Logo checks
- Free ATM/Debit card
- Free online banking
Only Oklahoma residents can open a Great Rate checking account. The Bank2 also limits each household/customer to two Great Rate checking accounts.
Bank2 is a unit of Chickasaw Banc Holding Company, which is owned by the Chickasaw Nation. Chickasaw Banc Holding Company has been in business since 2002.
- 6 Month CD %
- 1-year CD %
- 2-year CD %
- Money Market Account %
- Savings Account %
- 30-year Fixed Mortgage 3.54 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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