Reward Checking Account Earns 6.01% APY at Galena State Bank & Trust Co.

The Galena State Bank and Trust Co. in Illinois offer an attractive reward checking account with a 6.01% APY for accounts holding up to $20000 or 1.51% for higher balances, and refunds fees not exceeding $20 for ATM transactions if the following criteria are met:

  • Client opts to receive electronic statement
  • Makes one automatic payment or direct deposit
  • Makes at least 12 signature-based purchases using the debit card
  • The rate drops to 0.25% when the specified requirements are not met. The account does not require monthly charges or minimum balance requirements. The rate of 6.01% is guaranteed through January 2010.

    Bank officers say that they are only accepting accounts for the program from their branches in Galena and Stockton in Illinois.

    The bank has been a member of the FDIC since 1967 with certificate # 19660.

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    Posted on 5th November 2008 by admin in Reward Checking Accounts

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