Consumers in Louisiana have a money in the bank deal that they can take advantage of, Ouachita Independent Bank offers attractive interest rates for their OIB Reward Checking Account. The current interest rates are the following and you can benefit from them given you meet certain monthly requirements:

• 3.15% APY for balances through $25,000
• 0.51% APY for portions of the deposit above the $25K line
• 0.05% APY base interest rate if requirements are not met
• Refund of ATM fees incurred nationwide are unlimited

Account holders can enjoy the highest interest rates of this reward checking account given that they suffice the following monthly requirements:

• Complete 12 transactions using the debit card; ATM transactions do not qualify
• Setup an auto ACH debit or a direct deposit every qualifying cycle
• Opt for electronic statements

You can open the reward checking account with Ouachita for an initial deposit of at least $100. The bank does not collect any monthly service fees nor do they require any balance to maintain.

The account comes with a MasterCard check or debit card and free use of the online bills payment system.

The interest rates that we have here are still posted on the bank’s website as of May 14. It will be best to check for the latest figures before signing up for anything since they can be changed any time without notice.

Ouachita Independent Bank has several branches spread across Monroe, West Monroe, Bastrop, Shreveport, and Bossier in Louisiana. The bank is insured with the FDIC.