Prior Lake State Bank


Rate effective as of July 22, 2010.  Member FDIC

Finally, a Checking account that pays interest and eliminates all ATM fees! Get refunds on all other banks' ATM fees and earn from 0.25% Annual Percentage Yield up to 1.75% APY* on your free checking balance. No matter if your balance is $2 or $25,000!*

With Rewards Checking, you'll automaticallly earn 0.25% APY on your balance, but if you do a few simple things each month, you can earn a much greater bonus rate of 1.75% APY on your balance up to $25,000 and 0.25% APY on the amount of your balance over $25,000. Plus, if you meet the monthly requirements, you'll also receive automatic refunds of the ATM fees other banks charge.

With Rewards Checking, you will not need to maintain a minimum balance and you will not be charged any monthly service fees. And since Rewards Checking is a free checking account, you'll also get free internet banking and free online bank transfers. View the simple requirements below and send us your contact information in the form on the right to get the greatest checking account anywhere!

Meet these simple requirements:

1) Make at least 10 debit card transactions (excluding ATM transactions) per statement cycle

2) Receive your monthly statement electronically

3) One direct deposit or ACH Auto Debit per statement cycle

4) Access Online Banking at least once per statement cycle.

5) Have a valid email address.

Please note: If you do not meet these requirements during the statement cycle, you will not receive ATM fee reimbursements for that time period, but you will earn 0.10% Annual Percentage Yield on your balance. Of course, since it is essentially a free checking account with rewards, no service charge will be assessed if you miss the requirements. With Rewards Checking, you can bank anywhere in the country without fear of ATM fees. Open a Rewards Checking account today by visiting any of our locations.

2010 Rewards Checking Qualifying Dates

In order to earn the Rewards Checking bonus rates, you will need to perform all qualifying activities between the following dates:

Transactions must clear between:
December 16 through January 14 (Statement sent Jan. 15)
January 15 through February 15 (Statement sent Feb. 16)
February 16 through March 15 (Statement sent March 16)
March 16 through April 15 (Statement sent April 16)
April 16 through May 13 (Statement sent May 14)
May 14 through June 15 (Statement sent June 16)
June 16 through July 15 (Statement sent July 16)
July 16 through August 15 (Statement sent August 16)
August 16 through Sept. 15 (Statement sent Sept. 16)
Sept. 16 through Oct. 14 (Statement sent Oct. 15)
Oct. 15 through Nov. 15 (Statement sent Nov. 16)
Nov. 16 through Dec. 15 (Statement sent Dec. 16)

*This is not a teaser rate or limited time offer. No minimum balance required, however you must deposit a minimum of $100.00 to open this account. Annual percentage yield effective as of July 22, 2010 and available on personal accounts when monthly requirements from above are met. If requirements met: 1.75%APY on balance up to $25,000, and 0.25%APY on the portion of balance over $25,000. If requirements not met: 0.10%APY on balance. **ATM fee refunds up to $15 per cycle. If monthly standards are not met, any ATM fees will not be refunded. Rate may change after the account is opened.