First Internet Bank of Indiana, is offering 0.60% APY on online savings account with $100 minimum opening balance requirement. You would have to pay $1,000 dollars to avoid penalty and other associated fees. The bank also charges an additional $2 monthly fee for account maintenance.
The bank also offers 0.40% APY on free savings account for an opening balance of $25. There are no other fees associated with this account. The number of transactions allowed per account is limited to six, and the bank also provides free ATM card and online banking services.
