316 Interest-Earning Checking Account
Big APY. Bigger Impact.
With 3.80% annual percentage yield (APY*) and no monthly fees, it’s a better way to bank.
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Earn 3.80% APY
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No account fees
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No minimum balance
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Early direct deposit
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Free ATM access, nationwide. We refund fees at the end of each statement cycle
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No overdraft fees
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FDIC-insured
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24/7 care from real people
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Free credit monitoring tools
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Free starter pack of 316 checks
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Free cashier’s checks
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Free & Refunded Wires
WHY WE GIVE
Every Dollar Makes a Difference
Giving isn’t always easy, but at 316 Financial, it’s automatic. We donate 10% of our profits to organizations that uplift communities and spread hope and love. This belief is what inspired us to start—and even shaped our name. Learn more about our story and how your banking can make a lasting impact.
PEACE OF MIND
FDIC Protection. Advanced Security.
A PERFECT PAIR
Maximize your earnings with 316 Savings.
Pair your 316 Interest Checking with a high-yield savings account that earns an impressive 4.05% annual percentage yield* (APY)—helping you grow your money while keeping everything connected in one easy place.
Info to Know
Deposit Accounts
Deposit accounts can be opened with as little as $1. These accounts are available online only and are not offered in Puerto Rico or other U.S. territories. Fees for ATM transactions will be refunded to your account the business day your statement cycle ends.
Fees
We don’t charge fees for account maintenance, overdrafts, or stop payments—no surprises, just honest banking. While we aim to be fee-free, some services, like remote online notary, may have a cost. See our Fee Guide for more information.
Interest and Rates
*APY = Annual Percentage Yield. No minimum balance is required to earn interest. Rates are accurate as of December 1, 2025, and may change at any time. Fees, if applicable, may reduce earnings.