HCSB, A State Banking Association still offers their best interest rates for their reward checking account. The best checking account has the following current interest rates:

• 3.26% APY for balances through $25,000
• 1.01% APY for deposits above $25K
• 0.05 base interest rate if account holder does not meet the monthly requirements
• ATM fees of up to $20 every cycle are refunded

You can enjoy the best interest rates of this money in the bank deal if you are able to complete the following monthly requirements:

• Complete at least 12 debit card purchases
• Set up an ACH automatic debit or a direct deposit
• Opt for electronic statements

Interested individuals can open an account with an initial deposit of $100. Before you have to drop by a branch to complete the process of opening this checking account but you can apply now via the CheckingFinder.com website.

The bank does not collect any service fees nor do they require minimum balance on a monthly basis. You also get free access to their online payment system.

HCSB has branches spread across the state of Texas particularly in Hart, Tulia, and Plainview. They also have offices in Fredericksburg and Kerrville.

The financial ratings of the bank are above average with Bauerfinancial tagging them with 3 ½ stars for soundness and safety. Bankrate.com issued 3 stars for upon reviewing their performance.

The bank is insured with the FDIC since 1934 through certificate number 14562.

Take note that HCSB is not HSBC. The bank was originally known as the Hale County State Bank operating in West Texas and then they went on business in Hill Country State Bank. We have included the “a State Banking Association” to avoid any confusion. You can check out the About Us page of the bank to know more about the company.