Danversbank, a community bank based in Massachusetts, has a deal on its Free Rewards Checking account. It's a high yield checking account crediting up to 4.01% APY. As a rewards checking account, you need to meet the terms of the promotion to get the following features:

• 4.01% APY on balances up to $25,000
• 0.25% APY on the portion of balances over $25,000
• Refund of ATM fees

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