Received my account number and routing number and package of information yesterday. I am going form memory here of the things I read, but thought the things of note that are worthwhile:
1) Debit card has a cash limit of $200 per day. Combined cash/purchase of $1,000 per day. [Edited: at my request, they upped the cash limit to $500 per day].
2) Debit card charges $15.00 for disputed items. I am not sure I've ever seen that before and find it hard to believe it is enforced, but then again, why not. If they have to deal with our disputed charges, it should not necessarily be on their dime. Looks like I'll be using it for food purchases only. 
3) They claim to make funds available the business day after the business day they receive the deposit. Though they reserve the right to put a longer hold on funds if they think it necessary (and they will advise you if that is the case). I think there is a hold period of up to 10 or 12 days for the initial deposit).
4) They pay interest on the 15th of the month.
5) It will take 1-2 weeks to get the debit card. [edited: It took 3 weeks]. However, one earns the higher rate on the initial deposit and any deposits made before the 15th of their first statement cycle as confirmed by their CSR with whom I've been corresponding (this is stated explicitly on the TwinStar website offering a similar product but not available to out-of-stater's. It is nowhere in writing that I found on the Bank of Toledo Site nor did I see it in the welcome materials, but I believe her. Still, I don't want to tie up a chunk of my money before I have an ATM card. [Edited: They extended the "grace" period by another month since it took 3 weeks to get the card...I now have a lot of money with them. YAY!]
6)You are asked to sign a deposit agreement and sign the Debit-Card agreement and have them separately notarized. By this, I mean, they include two slips of paper that are to be notarized (requiring you to provide state-issued ID or passport) and the slips refer to "The above instrument" but there is no such instrument as the notary "slip" is not part of the actual application. I think this is just there way of making an "in-state" form without the notary block usable out-of state -- in other words they lack the ability to change their forms and feel the need to have the ones they have, notarized). My suggestion is that you write on the "notary slip" a reference to the deposit form/signature card and include your account number (which they provide you with your welcome packet) and also with respect to the Debit card. I am an attorney and a notary. A "separate" notary form really can't be used for anything but its best to identify what it is that they think you are notarizing just in case!).
7) I registered for the internet/electronic statement access. You have to do that manually with your account number. Remember you need to have electronic statements to get the great rate so don't forget to do this. After "registering" with username and password and security question it thanks you and says your application is awaiting approval. They are using "fundsXpress" for this part of their website. E-mail confirmation "You should get a confirmation as to your application status in the next 7 days." (I assume it was okay to apply before sending back my notarized forms, but we'll see).
So far, I am thrilled. I know its a pain to open the account but hopefully the rate will always be great and the $25.00 per month atm-rebates will be more than adequate. Oh, they charge $1.00 for out of state (IOWA) ATM uses [Edited: PLUS 7 cents sales tax on that dollar. So that tacks on an extra buck and 7 cents to be reimbursed for most of us. Still that covers all my atm usage so I have no complaints.
