True Earnings Checking

*APY = Annual Percentage Yield.

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¹For True Earnings Checking accounts, you may qualify for a higher annual percentage yield if you meet the applicable minimum eligibility requirements for the Cycle Month.

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To meet the minimum eligibility requirements, you must:

a) deposit a minimum of $1,500 in New Money;

b) complete 15 qualifying debit card transactions; and

c) complete a $150 minimum opening deposit.

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The Cycle Month is defined as the last day of the calendar month to the day before the last day of the following calendar month (e.g., April 30 to May 30).

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New Money is defined as deposits made through the Automated Clearing House (ACH) network, cash, checks, electronic transfer, payroll, pension, government benefits (such as Social Security), or other regular income by a member’s employer, the government, or an outside agency, or deposits made via card. Internal transfers from a current credit union account where you are a primary or joint owner do not qualify. New Money deposits must post and settle to your True Earnings Checking account during the Cycle Month to qualify.

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The 15 qualifying debit card transactions must post and settle on your True Earnings Checking account during the Cycle Month to qualify. Pending transactions do not qualify. Transactions may take one or more business days to post and settle. Automated teller machine (“ATM”) transactions do not qualify as a debit card transaction and do not count toward Eligibility Requirements.

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If you meet the minimum eligibility requirements during the Cycle Month, the first dividend rate and annual percentage yield listed for this account in the Rate Schedule will apply if your balance is $.01 to $15,000.00.

If you meet the minimum eligibility requirements during the Cycle Month, the second dividend rate and annual percentage yield listed for this account in the Rate Schedule will apply if your balance is $15,000.01 or greater.

Each Dividend rate will apply only to that portion of the account balance within each balance range.

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If you do not meet all the minimum eligibility requirements during the Cycle Month; however, you maintain an average daily balance of $1,500.00, the third dividend rate and annual percentage yield listed for this account in the Rate Schedule will apply to your entire balance.

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²A minimum deposit of $150 is required for new checking account holders. The account balance may fall below $150 after the account is opened. 

‍³Business, Trust, Youth Accounts, and Non-Individual Accounts (Trust Accounts, Estate Accounts, Rep-Payee Accounts, & Custodial Accounts) are not eligible.