High Yield Checking Attracts Customers

Printer-friendly VersionPrinter-friendly Version

 


Community Banks Attract Customers With High-Yield Checking

By Alexis Leondis - Bloomberg USA

. . . High-yield checking accounts offered by community banks are attracting new customers, according to December data compiled by BancVue, an Austin-based company that has helped 460 institutions nationwide implement reward checking and savings programs. The accounts grew by 531,205 in 2008, almost triple the number a year earlier, said Dan Mahoney, a spokesman for BancVue.

Read More
. . .