Coastal 24 Credit Union – Go Green Checking Account

December 30, 2009 · Filed Under Personal Finance · Comment 

Bank of America Checking account is good to have since they have  branches all over the US, but it pays interest in pennies. So, 2 months back I opened Coastal Federal Credit Union’s Go Green Checking Account that offered 3.05% APY per year for maximum balance of 50,000, if you use ATM Card for atleast 12 times in a month.

Unfortunately just after 1 month, interest rates was lowered to 2.25% ,which is much better than Interest rates offered by Ally, HSBC Direct Savings or any other online Savings account.

It would be nice to have 3.05% but when the economy improves and Feds starts to increase the interest rates, Go Green Checking Account interest rates should go up.

Do you know any other bank that offers  interest rates better than 2.25% APY?