3.01% APY Reward Checking Account – Commercial Bank in Tennessee and Kentucky

Posted in Banking , Checking Accounts , Local Banks , Rates

Commercial Bank offers a competitive 3.01% APY with the Hometown Rewards Checking Account. The following rates are available if you meet the account’s monthly requirements:



  • 3.01% APY on balances up to $25,000
  • 0.51% APY for portion of balance over $25,000
  • 0.05% base rate if requirements are not met
  • ATM fees reimbursed nationwide per cycle

The monthly requirements for the account include:

  • 10 debit card purchases
  • 1 automatic payment or direct deposit

Some other features of the account include:

  • $100 minimum initial deposit
  • No minimum balance requirement
  • No monthly service charge
  • Free Bill Pay

In order to open an account, you must visit a branch location. Branches are located in Tennessee and Kentucky cities, including Knoxville, Kingsport, Harrogate, Luttrell, Pineville, Cumberland and Barbourville.

>> Checking Accounts

Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.


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