* The Annual Percentage Yield (APY) and the Rate of the Interest Checking Account is 1.55% as of August 13, 2022 for accounts with balances up to $100,000.00, and accounts with balances over $100,000.00 will be paid 0.10% on the portion above $100,000.00. Rates are subject to change daily and fees may reduce earnings. $100 minimum initial deposit is required to open an account. The account must be funded within 30 days to remain open. APY may change at any time before or after account is opened. Call 833.731.0229 for the most up to date rates. Member FDIC.
Earn Interest with an Annual Percentage Yield (APY)*
$100 minimum deposit required at open
People Driven, Digitally Empowered Banking
Interest Checking FAQ
Paramount Bank is part of the Accel network of ATMs. However, you can use the most convenient ATM to you.
A third-party ATM may charge a convenience fee per transaction. Paramount Bank will automatically refund up to 20 (twenty) convenience fees per month.
No, you do not need to hit a certain number of transactions per month in order to receive the active interest rate benefit.
Changing interest rates on deposit accounts is a normal reality for banks across the country. However, Paramount Bank will work to benefit our customers as some of the highest-paid interest checking account holders in the country.