Peoples Bank of Tennessee is offering a reward checking account that pays 6.01% APY on balances up to $50K (0.50% for over) and refunds ATM fees if the following monthly requirements are met: 1) 10 debit card transactions, 2) one direct deposit or ACH auto debit, and 3) receive electronic statements. If these are not met, the rate falls to 1.51% APY.

A branch visit is required to open this account. Branches are located in the Tennessee cities of Clifton, Waynesboro and Hohenwald.

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