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If you live in Oklahoma you can open a checking account at Bank2 that earns 4.01 percent annual percentage yield (APY). The Great Rate Checking Account earns the high interest rate on balances up to $15,000. Other details of the account include:

  • 1.01 percent APY on balances over $15,000
  • 0.1 percent APY if account requirements are not met
  • No monthly service fees
  • No minimum balance is required
  • Unlimited checking
  • $100 to open account
  • Free online banking and bill pay
  • ATM fees refunded

If you also open a Great Rate Savings Account you can have the interest from the checking account deposited in it, as well as refunded ATM fees. The savings rate for the savings account is 2.01 percent APY on balances up to $35,000. Balances over $35,000 earn 1.01 percent APY and if account requirements are not met the savings rate is 0.1 percent.

Accounts at Bank2 are insured by the Federal Deposit Insurance Corp. (FDIC). Bank2 is a subsidiary of Chickasaw Banc Holding Company, which is 100 percent owned by the Chickasaw Nation. The bank is the number one source of Native American home loans in the state of Oklahoma.

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