annual percentage yield* (APY)
point of sale
No monthly service fees
Squeeze more green into your accounts with ZYDECASHSM
Free high-interest checking and savings accounts that can reward you to the tune of 2.25% annual percentage yield* (APY) every monthly qualification cycle on balances up to $10,000.
ZYDECASH is made for Louisiana by Louisiana’s Community Bank™, and it’s better than lagniappe.
ZYDECASH includes high-yield checking and savings accounts with a free debit card, free monthly checking, free online and mobile banking**, no minimum balance and all the support and convenience that is the tradition of service at JD Bank.
ZYDECASH includes refunds on the ATM fees charged by other banks nationwide, has 24/7 online and mobile banking and no monthly service fees. ZYDECASH was designed to help you benefit from the growth potential of your money.
No longer is there the need for a qualification calendar! Transactions must post and settle on the last day of your statement cycle and your interest will be paid that night! ZYDECASH has two statement cycle dates-the 2nd Wednesday and the 4th Wednesday of each month.
Statement Cycle Dates
2nd Wednesday- new Zydecash customers as of 01/01/2016
4th Wednesday- existing Zydecash customers prior to 01/01/2016
TO EARN 2.25% APY*, YOU MUST BE ENROLLED FOR E-STATEMENT NOTICES AND ONLINE BANKING AND MEET THE FOLLOWING TRANSACTION TARGETS EACH MONTHLY QUALIFICATION CYCLE:
- Have at least 10 debit card transactions.
- Have at least one (1) direct deposit or automatic payment.
- Receive e-statement notices.
- Access online banking.**
ZYDECASH CHECKING EARNS YOU:
- 2.25% APY* on the first $10,000 AND
- 0.15% APY* on balances above $10,000 when qualifications are met.
- 0.05% APY* on full balances when qualifications are not met.
OTHER ZYDECASH CHECKING BENEFITS:
- Refunds on ATM fees nationwide* (See disclaimer for details).
- No monthly service fees.
Enjoy the sound of high interest clinking into your ZydeCash Checking account.
*Minimum to open account is $25 for ZydeCashSM Checking and $25 for ZydeCashSM Savings. Annual Percentage Yield (APY) accurate as of 3/9/2020. ZydeCash Checking rate tiers are as follows: 2.25% 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 2.25% 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: 0.51% 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 0.51% 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 are subject to change without notice after account is opened. Fees may reduce earnings. ATM fees for our ZydeCash Checking accounts will be refunded up to $25 per qualification cycle provided all qualifications are met within the monthly qualification cycle. Limited to one account per social security number. Overdraft and returned item fees may apply. **Carrier charges may apply. ZydeCashSM is a Service Mark of JD Bancshares. Member FDIC. ZydeCashSM is a Service Mark of Jeff Davis Bancshares. Member FDIC.
JD Bank is a member of the “Community Cash” network. Member banks provide their customers “free ATM transactions” at over 500 ATM locations in seven states. You can locate the nearest “Community Cash” ATM by using the Locate an ATM page.