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Bank2

Category: Bank Deals, Checking Accounts, Local Bank Deals, Savings Account Rates- fhuff- 2:10 pm/ July 30, 2010

Bank2 is offering a savings rate of 2.01% annual percentage yield (APY) and a checking account that earns 4.01% APY. The two accounts work together to help you grow your money.

The savings and checking accounts include the following features:

  • No minimum balance
  • No monthly fees
  • Free online banking
  • Free e-statements
  • Direct deposit available
  • $100 minimum deposit to open account

The savings and checking accounts also are insured by the Federal Deposit Insurance Corp. There is unlimited check writing privileges and up to $50 of ATM fees are refunded during each statement period. When you open two accounts, the 4.01% interest earned on the checking account is automatically deposited into the savings.

The Great Rate Checking includes the following features:

  • 4.01 APY on balances up to $15,000
  • 1.01% APY on balances over $15,000
  • 0.1% APY if you don’t meet qualifications for the checking account

The Great Rate Savings has a 2.01% APY on balances up to $35,000. If you have more than $35,000, the savings pays 1.01% APY on the portion above that amount. If you don’t meet the qualifications for the savings account, the interest rate is 0.1% APY.

Bank2 is a unit of Chickasaw Banc Holding Company, which is 100% owned by the Chickasaw Nation. The bank is based in Oklahoma City, OK.

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