Premium Interest Checking is an account that earns a higher interest rate when you maintain a higher balance.
Effective Date: Monday, December 6, 2021
|Annual Percentage Yield*||Interest Rate||Minimum Balance to Earn Interest and APY|
|0.01%||0.01%||less than $2,500|
|0.02%||0.02%||$2,500 or more|
*Annual Percentage Yields are variable and subject to change without notice at Gate City Bank’s discretion. Annual Percentage Yields are accurate as of the effective date shown above only. Daily balance tiers are applicable as of the effective date shown above only and may change at Gate City Bank’s discretion. Account fees may reduce earnings.
1Internet service and mobile carrier provider fees may apply.
2Free standard delivery transactions; $10 per express delivery transaction.
3Conditions apply. Check and debit card bonus will be credited the same day and does not count toward the $50 minimum deposit when opening an account. Subject to 1099-INT reporting.
4Gate City Bank will generally make your funds available to spend the same day that we receive a deposit notice from your employer or other payer, up to two days earlier than your scheduled payday. Direct deposit required. Early availability subject to the timing of submission payment file from payer.
5Ope! Don't let that overdraft sneak right by ya. Optional protection automatically transfers available funds from your savings to your checking account when an overdraft would occur. $5 fee per automated transfer.