Now Checking Account Interest bearing checking account. Rate APY .50 .50 * Annual Percentage Yield ** Rates valid as of 08/22/07. Interest bearing checking account. Available to individuals, organizations, etc. No minimum deposit required. Monthly statement mailed directly to you. Debit card available upon approval. Direct Deposit. Monthly fees vary according to minimum balance. 30 debits free per month. Interest compounded daily at a variable rate published by the bank. FDIC Insured