Loyal Rewards Checking

Reward Yourself!

With our Free Loyal Rewards Checking, we pay 1.26% APY* on balances of $.01 to $20,000 and .25% APY for any balances over $20,000 if you meet the  qualification cycle requirements listed below.  In addition, you will receive Nationwide ATM fee refunds each qualification cycle if requirements are met.  If you do not qualify for the higher interest rate, a standard 0.05% APY will be applied to the entire balance in your account.

To qualify for the higher interest rate, each qualification cycle you must:

1.  Have at least 10 Debit Card Transactions Post & Clear
2.  Enroll & Receive eStatements
3.  Have At Least 1 Automatic Payment or Direct Deposit Post & Clear

See below for listing of qualification cycle dates.  All purchase transactions must be posted to your bank account within this time for you to qualify and receive the higher rate for that cycle.  Citizens State Bank of Loyal is not responsible for when merchants post transactions to your account so please allow adequate time for transactions to post to your account.  There will be no exceptions to the requirements for transactions that were made, but have not posted to your account.  All requirements must be completed and posted within each “qualification cycle” to be considered a qualifying account and receive the higher interest rate for that month.

2013 Qualification Cycle Dates

* Annual Percentage Yield (APY) accurate as of 09/24/2012.  No minimum to open account.  Rate tiers are as follows: 1.26% APY applies to balances of $.01 – $20,000 and 0.25% APY applies to balances over $20,000 as long as qualifications are met each qualification cycle.  0.05% APY applies to all balances if qualifications are not met.  All balances will earn 1.26% APY to 0.25% APY as long as qualifications are met.  An interest rate of 0.25% APY will be paid only for that portion of your daily balance that is greater than $20,000.  The annual percentage yield for this tier will range from 1.26% to 0.25%, depending on the balance in the account.  Rates may change after the account is opened.  Fees may reduce earnings.  No minimum balance required.  No monthly service charge.  Available to personal accounts only.  ATM fee refunds Nationwide per cycle when qualifications are met.  Qualification Cycle is different from Statement Cycle.  No refunds will be given for ATM fees in the amount of $5.00 or more per transaction, unless he appropriate ATM receipt is presented to a representative at one of our branches.  No refunds on International ATM fees.