Crossroads Bank in Illinois Offers Checking with Gains of 6.01% APY
The Crossroads Bank in Illinois is still running their Effingham First Checking program which gives a yield of 6.01% APY for balances of up to $30000. The interest rate requires at least 20 Visa Debit Card transactions per statement cycle and the consumer must opt for electronic statements.
The checking account only requires a $50 minimum deposit. It comes with free Visa Debit Card, internet banking, online payment facility, telephone banking, and electronic statements. The rate is only offered for personal accounts.
If a consumer does not meet the requirement for the promo rates during a statement cycle, the account will still function as a free checking account and earn 0.1% APY. Balances above $30000 on a statement cycle earn 2%.
Interested parties may drop by their main office or branch to open an account or switch to an Effingham First Checking. It will be best to call their representatives first to verify the prevailing rates as it may change any time.
They have offices in South Banker St. and North Keller Drive both in Effingham, Illinois. Crossroads Bank is insured with the FDIC since 1974 and has certificate # 21486.
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