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Best Banks & Checking Accounts in Kokomo, Indiana - May 2026

Content reviewed by
Brian McKay Brian McKay
Brian McKay

Brian McKay

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| i Editorial Disclosure
Editorial Disclosure The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
| ✓Fact Checked | Checking Account Rates — Last Updated and Verified: May 12, 2026

The best checking rates for Kokomo, Indiana include Indiana Heartland Federal Credit UnionIndiana Heartland Federal Credit Union402 S Berkley Rd, kokomo, IN 46901B+4.8 ★Texas Ratio: 16.90% Checking+ at 0.30% APY, Encompass Federal Credit UnionEncompass Federal Credit Union4020 South Reed Road, Kokomo, IN 46901B4.5 ★Texas Ratio: 20.84% Draft Checking at 0.10% APY, Security FSBSecurity FSB519 E Markland Ave, Kokomo, IN 46901A+5.0 ★Texas Ratio: 3.44% Prestige Interest Checking at 0.07% APY, STAR Financial BankSTAR Financial Bank114 E Walnut St, Kokomo, IN 46901A+5.0 ★Texas Ratio: 2.20% Interest Checking Account at 0.01% APY, and Baxter Credit UnionBaxter Credit UnionA5.0 ★Texas Ratio: 7.73% PowerPlusTM Checking Level 2 at 8.00% APY. Checking account rates as of May 12, 2026 according to verified data from MonitorBankRates.

Kokomo has 4 local institutions in our database, with checking rates as high as 0.30% APY from Indiana Heartland Federal Credit Union at 402 S Berkley Rd, kokomo, IN, 46901. Use the tabs below to compare all available checking account types. Rates are continually updated — we recommend checking back frequently.

Checking account rates reflect recent market quotes and representative offers available to depositors in Kokomo, Indiana. Checking Account Rates Last Updated and Verified: May 12, 2026

Compare Checking Account Rates Today in Kokomo, Indiana & the Surrounding Area

Institutions:
Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Indiana Heartland Federal Credit Union
Institution Rating:
B+4.8 ★ Texas Ratio: 16.90%
402 S Berkley Rd
kokomo, IN 46901
Checking+
0.30%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

Encompass Federal Credit Union
Institution Rating:
B4.5 ★ Texas Ratio: 20.84%
4020 South Reed Road
Kokomo, IN 46901
Draft Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

5 monthly fee if acct below min bal

Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
519 E Markland Ave
Kokomo, IN 46901
Prestige Interest Checking
0.07%
$50
View
▼
Rate0.07%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
519 E Markland Ave
Kokomo, IN 46901
Prestige Interest Checking
0.05%
$50
View
▼
Rate0.05%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
519 E Markland Ave
Kokomo, IN 46901
Business Interest Checking Business
0.05%
$50
View
▼
Rate0.05%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
519 E Markland Ave
Kokomo, IN 46901
50+ Interest Checking
0.02%
$50
View
▼
Rate0.02%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

STAR Financial Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.20%
114 E Walnut St
Kokomo, IN 46901
Interest Checking Account
0.01%
$0
View
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
PowerPlusTM Checking Level 2
8.00%
$0
View
▼
Rate7.72%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Qualifying balance up to $15000

One Vision Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.22%
ONEAccount Checking
5.00%
$0
View
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

Qualifying balance up to $1,000.00

Beacon Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.45%
Advantage Plus Checking
5.00%
$0
View
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Qualifying balance up to $10,000.00

UNIFY Financial Federal Credit Union
Institution Rating:
B4.4 ★ Texas Ratio: 21.76%
HY Checking
4.00%
$0
View
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Reward Checking
4.00%
$0
View
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Qualifying balance up to $10,000.00

Kemba Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.17%
Get Green Rewards Checking
4.00%
$0
View
▼
Rate3.92%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Qualifying balance up to $15,000.00

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
PowerPlusTM Checking Level 1
4.00%
$0
View
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Qualifying balance up to $15000

Tech Credit Union
Institution Rating:
B+4.8 ★ Texas Ratio: 18.03%
InCENTIV Checking
3.50%
$0
View
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Heritage Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.83%
Rewards Checking
3.40%
$0
View
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Qualifications Required; Qualifying balance up to $25,000.00

Advanz Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.61%
REWARDS +Plus+ CHECKING
3.04%
$0
View
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Qualifying balance up to $25,000.00

Perfect Circle Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.55%
Ultimate Checking
3.04%
$0
View
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Energy Plus Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.46%
Ultimate Checking Tier 1
3.00%
$0
View
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Qualifying balance up to $5,000.00

Tech Credit Union
Institution Rating:
B+4.8 ★ Texas Ratio: 18.03%
InCENTIV Checking
3.00%
$0
View
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
519 E Markland Ave
Kokomo, IN 46901
Prestige Interest Checking
0.07%
$50
View
▼
Rate0.07%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
519 E Markland Ave
Kokomo, IN 46901
Prestige Interest Checking
0.05%
$50
View
▼
Rate0.05%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
519 E Markland Ave
Kokomo, IN 46901
50+ Interest Checking
0.02%
$50
View
▼
Rate0.02%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

STAR Financial Bank
Institution Rating:
A+5.0 ★ Texas Ratio: 2.20%
114 E Walnut St
Kokomo, IN 46901
Interest Checking Account
0.01%
$0
View
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
PowerPlusTM Checking Level 2
8.00%
$0
View
▼
Rate7.72%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Qualifying balance up to $15000

One Vision Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.22%
ONEAccount Checking
5.00%
$0
View
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

Qualifying balance up to $1,000.00

Beacon Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.45%
Advantage Plus Checking
5.00%
$0
View
▼
Rate4.89%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Qualifying balance up to $10,000.00

MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Reward Checking
4.00%
$0
View
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Qualifying balance up to $10,000.00

UNIFY Financial Federal Credit Union
Institution Rating:
B4.4 ★ Texas Ratio: 21.76%
HY Checking
4.00%
$0
View
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

Kemba Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.17%
Get Green Rewards Checking
4.00%
$0
View
▼
Rate3.92%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Qualifying balance up to $15,000.00

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
PowerPlusTM Checking Level 1
4.00%
$0
View
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Qualifying balance up to $15000

Tech Credit Union
Institution Rating:
B+4.8 ★ Texas Ratio: 18.03%
InCENTIV Checking
3.50%
$0
View
▼
Rate3.44%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Heritage Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.83%
Rewards Checking
3.40%
$0
View
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Qualifications Required; Qualifying balance up to $25,000.00

Advanz Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.61%
REWARDS +Plus+ CHECKING
3.04%
$0
View
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Qualifying balance up to $25,000.00

Perfect Circle Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.55%
Ultimate Checking
3.04%
$0
View
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Energy Plus Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.46%
Ultimate Checking Tier 1
3.00%
$0
View
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Qualifying balance up to $5,000.00

Tech Credit Union
Institution Rating:
B+4.8 ★ Texas Ratio: 18.03%
InCENTIV Checking
3.00%
$0
View
▼
Rate2.96%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Fort Financial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.12%
Non-Profit Checking
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

No additional details provided.

Tech Credit Union
Institution Rating:
B+4.8 ★ Texas Ratio: 18.03%
InCENTIV Checking
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Energy Plus Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.46%
Ultimate Checking Tier 2
2.50%
$0
View
▼
Rate2.47%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Reward Checking
4.00%
$0
View
▼
Rate3.93%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

Qualifying balance up to $10,000.00

Kemba Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.17%
Get Green Rewards Checking
4.00%
$0
View
▼
Rate3.92%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

Qualifying balance up to $15,000.00

Heritage Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.83%
Rewards Checking
3.40%
$0
View
▼
Rate3.35%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Qualifications Required; Qualifying balance up to $25,000.00

Advanz Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 1.61%
REWARDS +Plus+ CHECKING
3.04%
$0
View
▼
Rate3.00%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Qualifying balance up to $25,000.00

First Federal S&L of Greensburg
Institution Rating:
A5.0 ★ Texas Ratio: 11.52%
Rewards Shelby Checking
0.10%
$50
View
▼
Rate0.10%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Christian Family Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.20%
Member Rewards Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Christian Family Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 0.20%
Member Rewards Checking
0.01%
$0
View
▼
Rate0.01%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Freedom Plus Checking
0.60%
$0
View
▼
Rate0.60%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Freedom Plus Checking
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

First Federal S&L of Greensburg
Institution Rating:
A5.0 ★ Texas Ratio: 11.52%
Basic Checking NOW Account
0.10%
$50
View
▼
Rate0.10%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details

Monthly maintenance fee of $7.50 will be assessed if a minimum balance of $600.00 is not maintained.

Hoosier Hills Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
FREE Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

No additional details provided.

Industrial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.23%
Free Share Draft Checking
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

Dividends are compounded and paid monthly

Advance Financial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.00%
Better Than Free Checking
0.04%
$20,000
View
▼
Rate0.00%
Min Deposit$20,000
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

FedEx Employees Credit Association Federal Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 6.11%
Basic Checking
0.03%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

Advance Financial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.00%
Better Than Free Checking
0.03%
$5,000
View
▼
Rate0.00%
Min Deposit$5,000
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

Advance Financial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.00%
Better Than Free Checking
0.02%
$500
View
▼
Rate0.00%
Min Deposit$500
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
Free Checking Plus Interest
0.01%
$10
View
▼
Rate0.01%
Min Deposit$10
Min Balance—
UpdatedMay 5, 2026
Details

Rates can change daily, Daily compounding

Advance Financial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.00%
Better Than Free Checking
0.01%
$25
View
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMay 7, 2026
Details

Qualifying balance up to $499.99

Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Freedom Plus Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

First FSB Rochester, IN
Institution Rating:
A5.0 ★ Texas Ratio: 10.65%
Simply Free Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Freedom Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Hoosier Hills Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
FREE Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

No additional details provided.

Advance Financial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.00%
Free Checking
0.00%
$25
View
▼
Rate0.00%
Min Deposit$25
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

Industrial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.23%
EveryDay Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

UNIFY Financial Federal Credit Union
Institution Rating:
B4.4 ★ Texas Ratio: 21.76%
FREE Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

UNIFY Financial Federal Credit Union
Institution Rating:
B4.4 ★ Texas Ratio: 21.76%
FREE Checking Account
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

Regional Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.39%
Basic Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Industrial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 5.23%
Teen Checking
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 7, 2026
Details

No additional details provided.

Hoosier Hills Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
Smart Spending (Teen Checking)
0.05%
$0
View
▼
Rate0.05%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

No additional details provided.

First Savings Bank of Hegewisch
Institution Rating:
A+5.0 ★ Texas Ratio: 0.21%
Student Checking
0.01%
$10
View
▼
Rate0.01%
Min Deposit$10
Min Balance—
UpdatedMay 5, 2026
Details

Rates can change daily, Daily compounding

Tech Credit Union
Institution Rating:
B+4.8 ★ Texas Ratio: 18.03%
Student Checking
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Hoosier Hills Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 9.40%
Smart Spending (Teen Checking)
0.00%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 10, 2026
Details

No additional details provided.

Source: Verified Checking Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
Security FSB
Institution Rating:
A+5.0 ★ Texas Ratio: 3.44%
519 E Markland Ave
Kokomo, IN 46901
Business Interest Checking Business
0.05%
$50
View
▼
Rate0.05%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Business Interest Checking Business
1.11%
$0
View
▼
Rate1.10%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Business Interest Checking Business
0.80%
$0
View
▼
Rate0.80%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Business Interest Checking Business
0.75%
$0
View
▼
Rate0.75%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Freedom Bank Huntingburg, IN
Institution Rating:
A+5.0 ★ Texas Ratio: 4.78%
Business Interest Checking Business
0.50%
$0
View
▼
Rate0.50%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Business Checking Business
0.38%
$0
View
▼
Rate0.38%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Business Checking Business
0.29%
$0
View
▼
Rate0.29%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Baxter Credit Union
Institution Rating:
A5.0 ★ Texas Ratio: 7.73%
Premier Business Checking Business
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Forum Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.22%
Business Analysis Checking Business
0.25%
$0
View
▼
Rate0.25%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Indiana University Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.09%
BusinessPLUS Checking Business
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Indiana University Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 4.09%
BusinessANALYSIS Checking Business
0.20%
$0
View
▼
Rate0.20%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

MIDWEST AMERICA
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Business Checking Business
0.16%
$0
View
▼
Rate0.16%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Forum Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 2.22%
Business Analysis Checking Business
0.15%
$0
View
▼
Rate0.15%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

Fort Financial Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.12%
Business Checking Business
0.15%
$100
View
▼
Rate0.15%
Min Deposit$100
Min Balance—
UpdatedMay 6, 2026
Details

$100 minimum opening deposit

The Antwerp Exchange Bank Company
Institution Rating:
B+4.7 ★ Texas Ratio: 18.93%
Interest Bearing Business Checking Business
0.15%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

The Antwerp Exchange Bank Company
Institution Rating:
B+4.7 ★ Texas Ratio: 18.93%
Interest Bearing Business Checking Business
0.12%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Partners 1st Federal Credit Union
Institution Rating:
A+5.0 ★ Texas Ratio: 3.82%
Business Checking Business
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 6, 2026
Details

No additional details provided.

Tech Credit Union
Institution Rating:
B+4.8 ★ Texas Ratio: 18.03%
Business Checking Business
0.10%
$0
View
▼
Rate0.10%
Min Deposit$0
Min Balance—
UpdatedMay 12, 2026
Details

No additional details provided.

First Federal S&L of Greensburg
Institution Rating:
A5.0 ★ Texas Ratio: 11.52%
Business Checking Business
0.10%
$50
View
▼
Rate0.10%
Min Deposit$50
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Everence Trust Company
Institution Rating:
A+5.0 ★ Texas Ratio: 0.00%
Business dividend checking Business
0.10%
$0
View
▼
Rate0.00%
Min Deposit$0
Min Balance—
UpdatedMay 5, 2026
Details

No additional details provided.

Kokomo, IN Checking Rate Trends

Compare local Kokomo, IN checking rate quotes against the statewide average

Daily checking rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Indiana Checking Trends →
High-Yield Checking — IN Avg
1.099%
▼ 0.042 vs 7 days ago

Indiana high-yield checking rates fell 0.042 points over the past 7 days to 1.099% APY.

Free Checking — IN Avg
1.101%
▼ 0.084 vs 7 days ago

Indiana free checking rates fell 0.084 points over the past 7 days to 1.101% APY.

As of May 14, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Checking Rate Data: We aggregate checking account rates for Kokomo, Indiana directly from the official websites of banks and credit unions using a combination of our proprietary rate aggregation technology and a dedicated team of rate updaters. By pulling this data straight from the institutions’ own digital properties and manually verifying the yields daily, we ensure that every checking rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems and team constantly monitor the market to provide a complete picture of available yields in Kokomo, Indiana. We feature a comprehensive mix of financial institutions, allowing you to easily compare localized checking rates from neighborhood credit unions, competitive offers from mid-sized regional banks, and high-yield checking accounts available to account holders in IN.

Daily Updates & Time-Stamped Accuracy: To maintain the highest level of data integrity, our rate updaters verify and update checking rates daily. Because checking account yields can fluctuate based on market conditions, every single checking product listed on our platform features its own specific “last updated” date.

Frequently Asked Questions

Do checking accounts in Kokomo, Indiana earn interest?

Most traditional local checking accounts in Kokomo, Indiana earn 0% interest. However, High-Yield Checking or Rewards Checking accounts from online banks and select local credit unions can pay interest rates comparable to savings accounts.

Are banks in Kokomo, Indiana FDIC insured?

Yes. Legitimate banks with branches in Kokomo, Indiana are FDIC insured up to $250,000 per depositor. Local Credit Unions are similarly insured by the NCUA.

What fees should I watch out for?

Common fees include Monthly Maintenance Fees (often waivable with direct deposit), Overdraft Fees, and Out-of-Network ATM fees. We recommend looking for “Free Checking” accounts that explicitly state no monthly fees.

What is a Rewards Checking account?

Rewards Checking accounts (sometimes called Kasasa accounts) offer high interest rates or cash back on debit card purchases in exchange for meeting monthly requirements like a minimum number of debit card transactions, direct deposit enrollment, or e-statement signup.

Best Checking Rates in Kokomo, Indiana

Based on our current data, some of the highest checking account APYs available to residents of Kokomo, Indiana include:
  • Indiana Heartland Federal Credit Union
    Checking+ — 0.30% APY
  • Encompass Federal Credit Union
    Draft Checking — 0.10% APY
  • Security FSB
    Prestige Interest Checking — 0.07% APY
  • STAR Financial Bank
    Interest Checking Account — 0.01% APY
  • Baxter Credit Union
    PowerPlusTM Checking Level 2 — 8.00% APY
Checking Account Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Kokomo, Indiana. Your final available rate may depend on qualifying activity and daily market movements. Last Updated and Verified: May 12, 2026

Kokomo, Indiana Rates & Resources

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