Earning your Rewards could be about the easiest thing you'll do all month. Each qualification period just have:

  • At least 12 Florence Bank debit card purchases posted and
  • At least one direct deposit or ACH automatic debit posted and
  • eStatements and view them online

If you don't make the qualifications one month, no worries. Your account is still free and earns interest at 0.01% APY* with no minimum balance requirement. Best of all, you may qualify for the rewards the very next cycle.

2020 Statement Qualification Periods

* APY = Annual Percentage Yield

*Annual Percentage Yield (APY) is accurate as of . 0.15% APY Bonus Rate paid on balances up to $25,000. Interest Rate for balances over $25,000 is 0.10% with an APY ranging from 0.15% to 0.12% depending on the balance in the account and assuming a maximum deposit of $35,000. There is no minimum balance to obtain the APY. The minimum deposit to open the account is $10. The interest rate and the APY may change after the account is opened. To qualify for the 0.15% APY Bonus Rate, each qualification period you must: use your Florence Bank Debit Card for 12 or more purchases; and, get Florence Bank eStatements; and, have either a Direct Deposit or ACH Auto Debit. Fees could reduce earnings on the account. Available for personal accounts only. Qualifying transactions are measured for items posted to your account for the monthly period beginning on the last business day of the previous statement cycle through to the next to the last business day of the current statement cycle.