Bank’34 invites consumers to take advantage of their high interest reward checking account called Grow Green Checking which only requires a minimum of $50 to open an account. The best reward checking account has the following interest rates:

• balances of $500 to $20,000 earns 3.40% APY
• balances beyond $20,000 earns 0.25% APY

You will be able to enjoy this high interest rate by meeting the requirements of the bank. You must used your debit card altleast fifteen times at the point of sale. You must also use online banking atleast three times per statement cycle. Lastly, enroll for electronic bank statement.

In case you do not meet the requirements provided by the bank, you will not earn any interest. You will also have to shoulder a $5.00 service charge. On a more positive note, you will have free access to their online banking system, bills payment, and you don’t have to worry about any monthly service fee.

Consumers who want to open an account may visit their one of their branches . Bank’34 has two branches in Alamogordo and Las Cruces, New Mexico. If you have questions or concerns regarding Grow Green Checking account you may call their Deposit Services Department thru 575-437-9334. Be sure to ask them details with regard to possible factors which may affect the earnings of you your savings.

You might be wondering why Bank’34 has “34” on its name. This bank was actually founded in 1934. Just a nice to know trivia.

Bank’34 has a total of $184.29 million in declared assets. This bank is a member of Federal Deposit Insurance Corporation or FDIC with certificate number 29087.