RateAPY

Checking account customers can earn 3.50 percent APY at First Federal Bank

Posted by: RateAPY Bank Rates News
January 13th, 2012

If you are looking for a way to boost your interest earnings, a rewards checking account may be a better option than a savings account or money market account.

At First Federal Bank, North Carolina residents can open a rewards checking account with just $50 and start earning 3.50 percent APY on balances up to $15,000. This FDIC-insured account includes free online banking, refunds on ATM fees nationwide and has no minimum balance requirement and no monthly maintenance fees. To earn the top interest rate, you must:

• Make 10 debit card purchases per month
• Make one automatic payment or have one direct deposit per month
• Access online banking at least once per month

Compare interest checking account rates and terms online to find the best bank deal for you.