PRESS RELEASE - Cattleman’s National Bank has teamed up with BancVue to bring free checking with high interest and ATM fee refunds to the Texas Hill Country area.
“We are a community institution with great passion for our clients and their financial needs,” said Gary Gruben, President & CEO of Cattleman’s National Bank. “With REWARDChecking, we can offer customers a cutting-edge account that rewards them for their commitment to Cattleman’s National Bank.”
REWARDChecking is a checking account with no monthly fees, no minimum balance and the opportunity to earn 4.01% Annual Percentage Yield (APY) and ATM fee refunds when simple criteria are met. REWARDChecking was developed by BancVue to support both community banks and account owners. BancVue technologies maximize bank efficiency and reduce operating expenses with a suite of online solutions. Cattleman’s National Bank encourages customers to participate in REWARDChecking, thus passing along the savings to the customer.
“When customers use free services such as online banking, emailed statements and debit cards instead of checks, this has a huge impact on our bank,” Gary Gruben continues. “With REWARDChecking, we are rewarding the use of these free services and saying thank you to our customers by providing them with a superior product.”
REWARDChecking offers customers significant rewards:
·4.01% APY on account balances between one cent and $35,000.00. Balances over $35,000.00 earn 1.25% APY.
·Refunds on ATM Fees Nationwide
·No monthly fees and no minimum balance.
·Free Online Checking and Free Online Bill Pay.
REWARDChecking requires a few simple actions each cycle: ·Make 12 Check Card transactions.
·Receive monthly e-Statements.
·Set up one Direct Deposit or authorize one automatic payment from your account.
If the REWARDChecking account holder does not meet all the criteria during the cycle, he or she will still enjoy a free checking account with free internet banking and free online bill pay, but will not receive the bonus rates of interest or ATM fee refunds for that time period. However, the account holder will still earn .15% APY on their free checking balance. There is a $100.00 minimum balance to open but no minimum to maintain and absolutely no service charge for the REWARDChecking account. REWARDChecking is for personal checking accounts only.