Here in Louisiana, we know how to make the most of our opportunities, and there’s no reason to leave money on the table when it comes to your bank accounts. JD Bank understands your lifestyle and wants to help optimize your earnings with ZydeCash Checking and ZydeCash Savings. These new accounts from Louisiana’s Community Bank are designed to help you benefit from the growth potential of your money, with high-interest yields on both your checking and savings and rewards for your banking activities.
ZydeCash Checking and Savings work together and earn for you when transaction targets are met monthly. ZydeCash Checking is a free checking account that currently earns 2.51% annual percentage yield (APY)* on balances up to $10,000. ZydeCash Savings currently earns 0.76% APY* on balances up to $30,000, and 0.15% APY* on balances over $30,000 when ZydeCash Checking qualifications are reached.
ZydeCash Checking and Savings work together and earn for you.
“We’re really excited to offer ZydeCash Checking and Savings to our customers,” said Boyd Boudreaux, JD Bank President and CEO. “We understand how engaged our customers are in their monthly banking, and we designed this program to reward them. The ZydeCash accounts work in unison to give our customers the best return on their money and their monthly transactions, as well as provide the services, convenience and access that is our tradition at JD Bank.”
JD Bank doesn’t charge ATM or monthly service fees, and ZydeCash even reimburses you for ATM fees charged by other banks nationwide. In addition to our full-service branch locations across the region, ZydeCash Checking and Savings also offer an abundance of online banking features, giving our customers the flexibility to manage their accounts and transactions remotely whenever they want. It’s easy to use, secure and convenient.
Squeezing the most green from your bank accounts with ZydeCash is simple. You must have 10 debit card transactions each monthly qualification cycle, have at least one direct deposit or automatic payment, receive e-statement notices and have access to online banking. If ZydeCash Checking qualifications aren’t met, you’ll still receive 0.10% APY* on full balances.
ZydeCash Checking and Savings exceed the current national average rate for money market accounts, and JD Bank gives you the important flexibility and convenience you demand as we work toward your goals with greater returns.
*Minimum to open account is $25 for ZydeCashSM Checking. Annual Percentage Yield (APY) accurate as of 9/6/2016. ZydeCash Checking rate tiers are as follows: 2.51% APY applies to balances of $0.01-$10,000 and 0.15% APY applies to balances over $10,000 if qualifications are met during monthly qualification cycle. 0.05% APY applies to all balances if qualifications are not met. All balances will earn 2.51% APY – 0.15% APY if qualifications are met. The advertised ZydeCash Checking APY is based on compounding interest. The interest earned in ZydeCash Checking is automatically transferred to ZydeCash Savings each statement cycle and does not compound. The actual interest paid may be less than the advertised APY. The ZydeCash Savings APYs may be less than the ZydeCash Checking APYs. ZydeCash Savings rate tiers are as follows: 0.76% APY applies to balances of $0.01-$30,000 and 0.15% APY applies to balances over $30,000 if qualifications are met during monthly qualification cycle on ZydeCash Checking. 0.05% APY applies to all balances if qualifications are not met on ZydeCash Checking. All balances will earn 0.76% APY – 0.15% APY if qualifications are met on ZydeCash Checking. Qualifying transactions must post and settle in ZydeCash Checking during monthly qualification cycle. Transactions may take one or more banking days from transaction date to post to an account. Intra-bank transfers do not count as qualifying transactions. ATM-processed transactions do not count as debit card transactions. Rates may change after account is opened. Fees may reduce earnings. Unlimited domestic ATM Fee refunds (ZydeCash Checking account only) provided only if qualifications are met within monthly qualification cycle. Limited to one account per social security number. Overdraft and returned item fees may apply. ZydeCashSM is a Service Mark of Jeff Davis Bancshares. Member FDIC.