Farmers State Bank Loyalty Checking Review: 2.00% APY Up to $15K (IA)

Learn about the Farmers State Bank Loyalty Checking account here.

Available to residents of Iowa, Farmers State Bank is offering a staggering 2.00% APY with a maximum balance of $15,000 on their Loyalty Checking Account.

About Farmers State Bank Loyalty Checking

Continue on to learn more about the Farmers State Bank Loyalty Checking Account below.

Note: Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Bank, or CIT Bank.

Farmers State Bank Loyalty Checking Rate

Residents of Iowa can earn the industry-leading rate on balances up to $15,000. With no minimum deposit, you will be able to enjoy the rate to its full potential!

• What you’ll get: 2.00% APY up to $15,000
• Eligible Accounts: Loyalty Checking Account
• Credit Inquiry: Unknown
• Where it’s available: IA
• Opening Deposit: $100
  
• Credit Card Funding: Unknown
• Monthly fee: None

(FDIC Insured)

How To Earn Up to 2.00% APY Rate

• Just complete the following activities and transactions in your Kasasa Cash^® account during each monthly qualification cycle:
  • Two automatic transfers per month (ACH Direct Deposit or Payment)
  • Minimum of 15 debit card transactions per month (excludes ATMs) with a minimum amount of $10.00 per transaction
  • Receive monthly eStatements (with valid e-mail address)
  • Sign in to I-Banking once per month

Account Features

• Refunds on ATM fees nationwide (up to $25 monthly) if qualifications are met
• No minimum balance to earn rewards
• No monthly service fees
• Online & Mobile Banking
• $100 minimum deposit to open
• FREE ATM Transactions at Farmers State Bank ATMs

Alternative Rewards Accounts To Consider 

Axos Bank Rewards CheckingDiscover Cashback Debit

Earn up to 1.25% APY with the Axos Bank Rewards Checking account while enjoying a suite of digital tools for smarter money management. This is banking, redefined. • Zero monthly maintenance fees • Zero overdraft or NSF fees • Zero minimum monthly balance reqs • Unlimited domestic ATM fee reimbursements • Online debit card management • Simple, 3-step process for direct deposit • Only $50 to open an account Apply Now at Axos Bank

Learn more about Axos Bank review here and the latest Axos Bank Promotions.

Learn more about Discover Cashback Debit account here and the latest Discover Promotions.

Bottom Line

Farmers State Bank is offering a great reward checking account program. There is no monthly fee, and the account has a great interest rate! Remember that if your balance is over $15,000, then you will not receive the full benefit of the rewards checking account. Be sure to find out if this bonus triggers a soft or hard pull!

Lastly, let us know about your experience with this bank and comment below.

For more bank offers, see the complete list of Best Rewards Checking!

* Check back often to see the latest info on Farmers State Bank Loyalty Checking Account.

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