WOW! Checking

This interest bearing checking account goes above and beyond. With WOW! Checking you can earn 1.00% APY* on balances up to $25,000, with no minimum balance or monthly charge. We even refund ATM fees**—not just locally, but anywhere in the country.

Just meet the simple qualifications—everyday things that you're probably doing already each qualification cycle, like using your debit card and receiving electronic statements—and build your balance fast. Now that's a checking account worth getting excited about!

Other great consumer account options!

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  • 1.00% APY* on balances up to $25,000
  • 1.00% APY to 0.15% APY* if your balance is over $25,000
  • 0.03% APY* if qualifications are not met
  • ATM fees refunded nationwide up to $25**
  • No minimum balance to earn premier interest
  • No monthly service fees
  • Unlimited check writing and debit card transactions
  • Check out our companion WOW! Saver Account!
  • Debit card
  • Online banking with bill pay
  • Electronic statements
  • Mobile banking with Mobile Money
  • $100 minimum deposit to open
  • Chat live online with a representative at TR Chat


It's easy to earn the highest WOW! rates and ATM fee refunds**! Simply do the following each qualification cycle:

  • Have a minimum of 10 point-of-sale debit card purchases post and clear during the Qualification Cycle
  • Have a minimum of one direct deposit or one ACH debit post and clear during the Qualification Cycle
  • Access online banking at least once during the Qualification Cycle
  • Receive electronic statements for the Statement Cycle

Even if you don't qualify during a cycle, you'll get unlimited check writing and debit card transactions and receive our base rate of interest; however, you will not receive the premium rate or ATM fee refunds for that cycle. But you can get the incentives back the very next cycle, if you qualify!

Effective 10.17.17

*APY is Annual Percentage Yield.

When your daily balance is $25,000 or less, the interest rate paid on the entire balance will be 1.00% with an APY of 1.00%. An interest rate of 0.15% will be paid only for that portion of your daily balance that is greater than $25,000. The APY for this tier will range from 1.00% to 0.15% depending on the balance in the account. Since the balance over $25,000 earns 0.15%, the blended effective APY will be reduced as the balance increases. For example, for an account where the daily balance is $30,000, the account would earn 1.00% on the first $25,000 and 0.15% on the remaining $5,000, with a blended calculation of 0.86% APY. This disclosure is based on the account meeting required qualifications. An interest rate of 0.03% with an APY of 0.03% will be paid on the entire balance in the account if the qualifications are not met. Rates as of October 17, 2017. We may change the interest rate and APY at any time after the account is opened. You must deposit a minimum of $100 to open this account. Available for personal accounts only. No monthly service charge. If you do not meet the qualifications per cycle, your account will still function as a checking account earning 0.03% APY; however it will not receive ATM fee reimbursements for that cycle. ATM-processed transactions do not count towards qualifying debit card transactions.

Qualification Cycle means statement cycle. Statement cycle is the period beginning the second (2nd) Thursday of each month through the second (2nd) Wednesday of the following month. Statements will produce on the second (2nd) Wednesday of each month and the number of days may vary in each qualification cycle.

**ATM surcharge fee reimbursements up to $25 per cycle when qualifications are met. (Surcharges: fees assessed by other banks for ATM withdrawals or inquiries nationwide.)


What is a WOW! Checking Account?

  • A WOW! Checking Account is an account that pays you premium rates and ATM fee refunds when certain cycle qualifications are met. This account has no monthly service charge and no minimum balance.

How do I deposit money?

  • Use Direct Deposit for your payroll or government checks; this gives you instant access to your funds without having to visit a branch. Many employers and most government agencies offer this free service. If your employer does offer Direct Deposit, great! They'll have you fill out a simple form and you'll be good to go.
  • Use your Two Rivers Bank & Trust debit card to deposit to any depository ATM that accepts MasterCard®.
  • Mail your checks to Two Rivers Bank & Trust at PO Box 728, Burlington, IA 52601.
  • If you open your account online, your initial deposit will be sent through the Automated Clearing House (ACH) Network.
  • Wire transfer money from your current account into your newly opened account (contact Two Rivers Bank & Trust for details.)

How do I access my money?

  • Shortly after opening a WOW! Checking account, Two Rivers Bank & Trust sends you a free MasterCard® debit card that will allow you to access your accounts worldwide, at any ATM that accepts MasterCard® debit cards.
  • Use your MasterCard® debit card to make purchases at any merchant that accepts MasterCard® debit cards.
  • You may contact us to place an order for a box of checks. Cost of checks varies, depending on style ordered.
  • WOW! Checking also has free online banking. With online banking, you can access your account from anywhere you have an Internet connection. Bank online to pay bills, view account activity, transfer funds between accounts and confirm deposit amounts.

How do I check my balance?

  • Two Rivers Bank & Trust offers free online banking with 24-hour access to your account information.
  • Contact Two Rivers Bank & Trust toll free at 888-226-6063 or contact us online and we'll be glad to assist you.

What if I need to talk to someone at the bank?

  • Simply call Two Rivers Bank & Trust at 888-226-6063 or contact us online and we'll provide the same great customer service you get when you visit one of our branches.

What happens if I don't meet the qualifications one cycle?

  • If there's a cycle you don't meet the qualifications, don't worry, there's no penalty and you still have a checking account that earns a base interest. Plus, the next cycle you qualify you'll be back to earning premium interest and receiving ATM fee refunds.

How will I know if I meet the qualifications?

  • Two Rivers Bank & Trust sends you an email at the end of each qualification cycle that lets you know if you met the qualifications. There's no penalty for not qualifying and you still have a checking account that earns a base interest. Plus, the next cycle you qualify you'll be back to earning premium interest and receiving ATM fee refunds.

Is this too good to be true?

  • Not in the least! You qualify each cycle when you do things like: using your debit card, accessing online banking, receiving electronic statements, and making an automatic payment or direct deposit. These activities help Two Rivers Bank & Trust save money, which we pass along to you.

Is there a minimum balance?

  • No! That's one of the many great benefits of the WOW! Checking Account.

Will I be reimbursed for my ATM transactions after each withdrawal or at the end of the month?

  • Your nationwide ATM fee refunds occur at the end of each qualifying cycle.