Consumers in Louisiana have a high yield reward checking account to take advantage of. The high interest checking account is offered by the Fidelity Homestead Savings Bank with the current interest rates:

· 4.11% APY for funds up to $25K

· 1.00% AOY for portions of the deposit over $25K

· 0.25% base interest rate given when the requirements are not satisfied

· ATM surcharges of up to $4.95 per transaction and up to $25 every month

The monthly requirements of this checking account include:

· Make at least ten purchases with the debit card

· Set up a debit or credit via ACH

· Sign up for electronic statement

The checking account can be opened with an initial deposit of $50. The bank does not collect any monthly service fees and does not require any minimum balance for the reward checking account.

Take note that the interest rates we have above may change any time. Check with the bank for the latest figures. You can call them via 800-220-2497.

The interest rates offered for this checking account is really very competitive. It is among the highest checking account rates in the market today. This is also true for the second tier interest rate of 1.00%.

This money in the bank is only good for those who live within the market area of Fidelity Homestead. The bank operates branches in New Orleans, Slidell, Covington, Baton Rouge, and Hammond in New Orleans.

The bank has been a member of the FDIC since 1936.