The Texas Heritage National Bank offers a high interest rate of 5.00% APY for their best checking account called Texas Star checking. This money in the bank deal gives 5.00% APY for balances through $25,000. Portions of the deposit above the set ceiling gain 0.50% APY.

The bank does not give any interest to the checking account which do not meet the monthly requirements:

Account holder must complete 15 purchases using the debit card
Make at least 1 direct deposit
Sign up for online and telephone banking
Submit a valid email address

Customers who want to take advantage of the current interest rates can open their best reward checking account for an initial deposit of $100. The bank only allows one account for every social security number. It also limits debit or credit transactions to $750 on a daily basis.

Aside from the high interest rate the account also gives you free access to their online bills payment facility. Electronic statements will also be sent instead of printed bank statements.

The bank does not have a monthly service fee unless your balance drops below $500 which will cost you $10.

You can open an account by visiting one of their offices in East Texas. They have branches in Ore City, Omaha, Daingerfield, and Sulphur Springs.

Bankrate.com and BauerFinancial both issued 3 stars for soundness and safety. The rating means the bank is performing adequately. The bank is insured with the FDIC since 1934. It is covered by certificate number 3161.