We’ll pay you up to nearly $1,000 a year to use our checking account!

We’ve spent hours researching the best savings rates out there. Not just in St. Paul, but across the country. Frankly, you won’t find a better place to earn high returns on your guaranteed savings than with the St. Paul Federal Simply Checking Account!

Our Simply Checking account actually pays dividends of up to 4.99% APY on all of your checking balances up to $20,000. (If you have more than $20,000 in your checking account, kudos to you – call us and we can help you maximize those earnings as well!)

All you have to do is open the Simply Checking and use the account by using your debit card at least 60 times during the month to earn the top tier Bonus Dividend, along with signing up for direct deposit, and eStatements. That’s it.

Comparison Their Checking Our Checking
Total Balance $20,000 $20,000
Bonus Dividend Rate $1.75% $4.99%
Annual Dividends $350 $998

That’s right. Earn nearly a thousand dollars a year ON YOUR CHECKING BALANCES by just doing what you do every day.

Of course, we do offer other options on your Checking Account. If you use your debit card at least 20 times a month, you can qualify for a bonus rate of 2.99% on balances up to $10,000 and you can qualify for a bonus rate of 3.99% on balances up to $15,000 if you use your debit card 40 times per calendar month.


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