BAM checking rewards you with high interest and ATM withdrawal fee refunds* for doing easy banking basics.

BAM

Interest

  • 5.00% APY* on balances up to $15,000
  • 5.00% to 1.52% APY on balances over $15,000 depending on balance in account*
  • 0.02% APY* if qualifications aren't met

Other Features

Requirements

  • $50 minimum deposit to open
  • No minimum balance to earn rewards

Service Charge

No monthly maintenance fees

Statement Options

Free e-statements (required to maintain account)

ATM Fees

Unlimited refunds on ATM withdrawal fees, nationwide*

 

* APY=Annual Percentage Yield accurate as of 1/8/24. Rate is subject to change. If qualifications are met during each monthly qualification cycle (1)domestic ATM fees incurred during the qualification cycle will be reimbursed and credited to the account on the first business day of the next monthly cycle; (2) balances up to $15,000 receive APY of 5.00% and (3) balances over $15,000 earn 1.00% on portion of balance over $15,000. If qualification are not met, all balances earn .02% APY. Balances up to $15,000 can have an APY of 5.00% to 1.52% dependent upon account balance if reward qualifications are met. There are no minimum balance requirements required for this account. There is a minimum deposit of $50 to open the account. Qualifying transactions post to and settle to account during monthly qualification cycle. Transactions may take one or more business days from the date transaction was made to post and settle to the account. ATM processed transactions do not count toward qualifying debit card transactions. Transfers between accounts do not count as qualifying transactions. "Monthly Qualification Cycle" means a period beginning the first day of the month through the last day of the month. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings.

Additional Information: Enrollment in electronic services (e.g. online or mobile banking, electronic statements, and log-ons) may be required to meet some of the account’s qualifications. Enrollment in mobile banking and receipt of electronic statements may be a condition(s) of this account. Limit 1 account per primary account holder’s social security number. A $30 early closing fee applies if account is closed prior to 180 days of account opening. Contact one of our member service specialists for additional information, details, restrictions, processing limitations and enrollment instructions.