Redneck Bank
Category: Bank Deals, Checking Accounts, Money Market Rates- fhuff- 1:33 pm/ January 16, 2010Redneck Bank has more than a colorful name. It has a couple of competitive bank deals for money market and checking account customers.
The bank offers a Mega Money Market account with a 2% annual percentage yield (APY). Details of the offer include:
- No minimum balance required
- No monthly maintenance fee
- 2% APY on balances up to $35,000
- 1% APY on amounts over $35,000
The money market account also allows six free withdrawals each month. There is a $5 fee for each additional withdrawal.
The money market also comes with a free Visa CheckCard and free online banking. You can also sign up for overdraft services.
The Rewards Checking is a free account. Redneck Bank is currently offering checking customers a 4% APY for balances up to $10,000 and 1% APY on amounts over that. Details of the checking account include:
- No minimum balance
- Must receive statements electronically
- Must make 10 sales transactions with Visa CheckCard each month
- Free daily notification if you overdraw account
- Free online banking and customer service
- Overdraft protection available
Redneck Bank is an online bank that is owned by the Bank of the Wichitas, which has been in business since 1913. The bank is based in Snyder, OK. Accounts are insured by the Federal Deposit Insurance Corp (FDIC).
- 6 Month CD %
- 1-year CD %
- 2-year CD %
- Money Market Account %
- Savings Account %
- 30-year Fixed Mortgage 3.62 %
Bank rates provided by MoneyRates.com based on average rates for deposits under $10K and conforming mortgage rates
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If you know of any bank deal that we haven't featured on our blog yet, we would love to hear from you.
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