FirstAtlantic Bank offers Reward Checking with 5% Yield in Florida and Georgia
The FirstAtlantic Bank runs their Treasure Checking Program which gives a very competitive yield of 5% for balances of up to $30K. Balances above the cap will receive a gain of 3%.
It also refunds ATM fees of up to $20 every cycle if the account holder opts for electronic statements, makes a direct deposit or ACH debit, or uses the debit card for at least 10 purchases. The rate drops to 1% if these requirements are not met.
The Treasure Checking requires a minimum deposit of at least $100. The account does not impose any monthly service charges or a minimum account balance.
Interested consumers may visit their branches in Jacksonville and St. Augustine in Florida, and in Kingsland, Georgia.
The bank is FDIC insured with certificate # 35200.
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