Prior Lake State Bank


Rate effective as of August 16, 2011.  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 0.75% APY* on your free checking balance. No matter if your balance is $2 or $15,000!*

With Rewards Checking, you'll automatically 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 0.75% APY on your balance up to $15,000 and 0.25% APY on the amount of your balance over $15,000. Plus, if you meet the monthly qualifications, 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 qualifications below and send us your contact information in the form on the right to get the greatest checking account anywhere!

Meet these simple qualifications:

1) Have at least 10 debit card purchases (excluding ATM transactions) post and clear per qualification cycle

2) Receive your monthly statement electronically

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

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

5) Have a valid email address.

Please note: If you do not do these things during the qualification 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 qualifications. 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.

2012 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 12 (Statement sent Jan. 13)
January 13 through February 15 (Statement sent Feb. 16)
February 16 through March 15 (Statement sent March 16)
March 16 through April 13 (Statement sent April 16)
April 16 through May 15 (Statement sent May 16)
May 16 through June 14 (Statement sent June 15)
June 15 through July 13 (Statement sent July 16)
July 16 through August 15 (Statement sent August 16)
August 16 through Sept. 13 (Statement sent Sept. 14)
Sept. 14 through Oct. 15 (Statement sent Oct. 16)
Oct. 16 through Nov. 15 (Statement sent Nov. 16)
Nov. 16 through Dec. 13 (Statement sent Dec. 14)

*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 August 16, 2011 and available on personal accounts when monthly qualifications from above are met. If qualifications met: earn 0.75%APY on balance up to $15,000, and 0.25%APY on the portion of balance over $15,000. If qualifications not met: 0.10%APY on balance. **ATM fee refunds up to $15 per cycle. If monthly qualifications are not met, any ATM fees will not be refunded. Rate may change after the account is opened.