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With the Peoples Bank of Alabama high interest checking account, you donít have to sacrifice convenience to get a high interest rate. We provide you the access and convenience of checking with the earning power of savings. See below how our online checking account stacks up against the competition.
|APY*||0.75 %APY||0.05 %APY||0.05 %APY||0.05 %APY|
|Free Bill Pay|
|Free Check Imaging||**|
|Free ATM Card|
PLEASE READ THE IMPORTANT DISCLOSURES BELOW
This account requires a $50 minimum deposit to open. This is a variable rate account and your interest rate and annual percentage yield may change daily. We use the average daily balance method to calculate the interest on your account. This method determines the average balance by adding the full amount of principal in the account for each day within the statement period and dividing that figure by the number of days in the statement period. Interest begins to accrue on the business day you deposit noncash items (for example, checks). Interest for the account is compounded daily and credited to your account on your monthly statement cycle date.
Competitive information obtained from www.bankrate.com January 26, 2010
*annual percentage yield
**Regions with Online Statements only