Community Financial Services Bank offers best interest rate for their reward checking account called e-Rewards Checking. The bank lets you earn an interest rate of 3.60% APY for balances up to $20,000. You earn an interest rate of 0.75% APY for the portion of the balances above $20,000. Plus, withdraw ATM surcharges of up to $25 when you meet the following requirements:

• make at least 12 purchases using your debit card per statement cycle
• subscribe to electronic bank statement
• setup at least 1 ACH debit or credit per statement cycle
• enroll to online banking and access account at least once per statement cycle

You are also required to deposit a minimum of $50 to open an account. In case you do not meet the requirements of this best checking account, you will still earn their base interest rate of 0.20% APY for that cycle and you will not be able to refund your ATM fees.

The bank does not require a minimum balances after opening of account nor any monthly service fee. The bank allows you to make unlimited deposits and give you unlimited check writing privileges. In addition to this, you get to make online bill payments for free using internet banking. Please be reminded that once the account is opened the interest rates may change, so be sure to check with the bank for their latest checking account rates.

You need to call the bank first if you want to have this best checking account or inquire for their current interest rates thru 207-527-4657. You need to visit one of the bank’s branches near you to open an account.

The bank has branches located in the counties of McCracken, Draffenville, Calvert, Calloway, and Benton in the state of Kentucky.

Community Financial Services Bank began providing its services in 1890. They currently have over $536 million in declared assets. The bank is also insured by the Federal Deposit Insurance Corporation with certificate number 287.