Free Rewards Checking
Put your balance to work with this free high interest checking account. You can earn an incredible 1.76% APY*, just for doing simple everyday things that make managing your money even easier! Get unlimited checking with no fees or minimum balance to earn rewards. We'll even refund ATM fees* when you use other banks' machines; not just in Pipestone, Edgerton, or Southwest Minnesota, but nationwide!
- Earn 1.76% on balances up to $25,000
- Earn 1.76% - 0.63% APY* on amount of balance over $25,000
- Earn 0.05% APY* on entire balance per cycle if qualifications are not met
- ATM fee refunds nationwide*
- No monthly fee or minimum balance requirements
- First 50 checks are free
- Unlimited check writing privileges
- Free online banking and eStatements
- Online bill pay available
- Free debit card** with unlimited transactions
- Overdraft protection available
- $100 deposit to open
- FDIC insured up to $250,000
In order to receive the rewards rate and ATM fee refunds, simply do the following each monthly qualification cycle:
- Have at least one direct deposit or ACH auto debit post and clear
- Access online banking or mobile banking
- Have at least 12 debit card purchases post and clear
- Receive electronic statements
If you don't qualify in a given statement cycle, don't worry—Free Rewards Checking stays free no matter what. Plus, you'll still receive our base rate of interest. And you can get the rewards back the very next month!
Our Switch Kit provides the forms you need to switch your accounts. Click here to download it.
*Minimum to open account is $100. Annual Percentage Yield (APY accurate as of November 16, 2012). Rate tiers are as follows: 1.76% APY applies to balances of $.01 - $25,000.00 and 1.76% - 0.63% APY applies to balances over $25,000.00 if qualifications are met during the monthly qualification cycle. 0.05% APY applies to all balances if monthly qualifications are not met. All balances will earn 1.76% - 0.63% APY if monthly qualifications are met. Rates may change after the account is opened. Fees may reduce earnings. Qualifying transactions must post and clear to the account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post to an account from the date the transaction is made. Intra-bank transfers do not count as qualifying ACH transactions.ATM Fee reimbursements provided only if qualifications are met within the monthly qualification cycle.
**Available to qualified applicants.