Best Reward Checking account with Scituate Federal Savings earns 3.50% APY, Massachusetts Local Bank Deal
invites consumers in the Massachusetts area to take advantage of their high yield rewards checking account called Performance Checking that has current interest rates of as high as 3.50% APY for balances through $25,000. Any deposits above the set cap receives 0.10% APY. The base rate for this money in the bank deal is also 0.10%. Another great feature of this rewards checking account is the reimbursement of 100% of your ATM fees.
The high interest rates can be enjoyed if the account holder is able to complete 12 purchases using the debit card and make a direct deposit or one ACH transfer every month.
Interested individuals can open this Scituate best checking account with an initial deposit of $25. The bank does not collect any monthly fees nor do they set any balance requirements.
The current interest rate posted here has been in effect since September 1. The bank may change this any time so it will be iwse to check their website or call them through 781-545-0016.
We can not find any online form to open an account. It seems that a branch visit is necessary to open the Performance Checking. Have a copy of your driver’s license when you go to their office since the bank will ask for proofs of identification.
They have offices in the Massachusetts metros of Scituate, Marshfield, North Scituate, Green Harbor, Hingham, and Norwell.
Scituate Federal Savings enjoys strong ratings from BauerFinancial and Bankrate.com which both issued 4 stars using their March and June 2009 data.
The bank was instituted in 1928. It is covered by the FDIC through certificate number 30424. They have been indexed with the FDIC since 1955.
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