To receive the high Annual Percentage Yield and ATM fee refunds nationwide, you must perform the following qualifications each monthly statement cycle:
Earn nationwide ATM fee refunds.
5.01% Annual Percentage Yield (APY) paid on balances between one penny and $25,000 and 1.01% APY paid on the portion of account balances over $25,000 for each monthly statement cycle the qualifications are met.
If you do not meet the qualifications during a monthly statement cycle, your account will still function as a free checking account earning 0.25% APY and you will not receive ATM refunds for that time period.
Annual Percentage Rates for this account are effective as of December 29, 2008 and subject to change after account is opened.
A minimum balance of $1 is required to open this account. Available for personal accounts only.
No monthly service charge.
Contact Bank of Newington for more details.
Member FDIC.