SAN DIEGO, CA--(Marketwired - Jan 27, 2014) - Bank of Internet USA, a division of BofI Federal Bank, a subsidiary of BofI Holding, Inc (NASDAQ: BOFI), has been named one of the Top 5 Online Checking Account Products for 2014 by GoBankingRates.com.
As online banking gains in popularity among consumers, Bank of Internet USA continues to provide high quality products to customers without the added fees and penalties that other banks charge. Bank of Internet USA's Rewards Checking product features include no minimum balance requirement, no monthly maintenance fees, and unlimited domestic ATM reimbursements.
Rewards Checking also offers customers an opportunity to earn up to 1.25% APY on their checking account balance. This added earning potential is another perk that boosts Rewards Checking up to one of the highest ranked accounts for 2014. "Customers love Rewards Checking because it saves them money every month. It's convenient, hassle-free banking. They can access their accounts online and make deposits with our mobile app 24/7. Nothing compares to Rewards Checking at Bank of Internet USA. You shouldn't have to pay to use your own money," said Kyle Kolsky, Senior Vice President, Head of Consumer Deposits at BofI Federal Bank.
For additional information, please visit bankofinternet.com/rewards-checking.
About BofI Holding
BofI Holding, Inc. (NASDAQ: BOFI) is the holding company for BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. With approximately $3.3 billion in assets, BofI Federal Bank provides consumer and business banking products through its low-cost distribution channels and affinity partners. BofI Holding, Inc.'s common stock is listed on the NASDAQ Global Select Market under the ticker symbol BOFI and is a component of the Russell 3000 Index and the S&P SmallCap 600® Index. For more information on BofI Federal Bank, please visit www.bofifederalbank.com.