In the last few years, both banks and credit unions have offered rewards checking accounts with terrific interest rates. While the interest rates have dwindled in our economy, these rewards accounts are still very appealing.
Horizon Community Bank offers a STAR Reward Checking Account for individuals who are looking to earn interest on their checking account and desire the convenience of internet banking paired with the use of a debit card for making purchases. We continue to be competitive in the market place with our STAR account which currently pays .90% APY (up to $25,000.00 balance) as long as specific monthly requirements are met. If the specific monthly requirements are not met, we pay .10% APY. Similarly, we pay .10% APY above $25,000.00.
In order to qualify for a Star Checking account, customers are required to receive their monthly statements electronically, make 10 purchases using their debit card and access their Online Banking at least once each statement cycle. For many people, using their STAR account as their primary checking account makes it fairly easy to meet these monthly requirements especially considering there is no minimum daily account balance.
The STAR account is free of monthly service charges by maintaining an average monthly ledger balance of $1,000.00: otherwise, there is a $3.00 monthly service charge.
These accounts also include: Fee Free ATM access with the Money Pass network at over 23,000 ATMs nationwide, Free Online banking services, E-statements, Bill Payment, and Mobile Banking.
We are a full service bank equipped to help you with all of your banking needs. To learn more about the STAR checking account or other products and services we offer, give us a call today or stop by one of our four branches.