High-Interest Checking

Now offering 0.85% Annual Percentage Yield (APY)*

$100 minimum deposit required at open

People Driven, Digitally Empowered Banking

Paramount Bank Debit Card Credit Card Free Visa Customer Onilne Banking Mobile App iPhone Android iPad Macbook Mac
1

Low-to-No Fees

We don't charge ATM fees. Keep your balance above $1 (yes, that's all), and you won't hear about our $3 account maintenance fee.
2

Paramount Bank App

Check your balance, move money between accounts, manage your automated bill pay, and more all within the Paramount Bank app.
3

Free Visa Debit Card

Sign up for a High-Interest Earning Checking account and receive a free Visa® Debit Card upon approval and account open.
4

24/7 Account Access

With Paramount Bank, you can see all of your account information any time, day or night.

*The Annual Percentage Yield (APY) of the High-Interest Checking Account is 0.85% as of September 28, 2020 for balances of $500,000 or more, 0.85% for balances of $100,000–$499,999, 0.85% for balances of $50,000–$99,999, 0.85% for balances of $5,000–$49,999, and 0.85% for balances of less than $5,000. Rates are subject to change daily and fees may reduce earnings. Minimum $100 deposit is due at account 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.

Interest Checking FAQ

What ATM system can I use?

Paramount Bank is part of the Accel network of ATMs. However, you can use the most convenient ATM to you.

Are there ATM fees for out-of-network transactions?

A third-party ATM may charge a convenience fee per transaction. Paramount Bank will automatically refund up to 20 (twenty) convenience fees per month.

Do I need to make a certain number of transactions to get the interest?

No, you do not need to hit a certain number of transactions per month in order to receive the active interest rate benefit.

Will the interest rate change?

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.

More Questions? Paramount Bank has answers.

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