1 - 6.000% Annual Percentage Yield (APY) is a promotional rate on a tiered rate account. New Money Only.
2 - 6.00% APY paid during the first six (6) months after new account opening on balances between $1 and $25,000, and 0.100% APY paid on all amounts above $25,000 each cycle the minimum requirements are met for a High Yield Checking Account. If you do not meet the requirements per cycle, your account will earn 0.05% APY for that month. Rates will revert to posted High Yield Checking Account rate after 6 months. Currently that rate is 1.50% for general members and 2.50% for premier relationship members. The regular High Yield Checking Account rate is a variable rate that may change at any time after the account is opened. The promotional rate is valid for 6 months after account opening on new accounts/new money only. Limited time offer and may be withdrawn at any time without notice.
Qualification Requirements to Obtain the High Yield Checking Account Rewards: You must satisfy all of the following Qualification Requirements during each monthly Qualification Period to obtain the Rewards: Have at least one (1) Direct Deposit with a minimum amount of $300 (ACH credit will be accepted if direct deposit is unavailable to member). Sign up for eServices (with a valid email address). You must have a minimum of twelve (12) Finex Credit Union Debit Card point-of-sale transactions or Signature (Qualifying Transactions) in the amount of $1 or more, post to your account. ATM Transactions are not Qualifying Transactions and will not be counted toward the minimum twelve transactions. No Minimum Balance Required. No monthly service charge if direct deposit requirement is met. A $10 Service Charge is imposed if Direct Deposit Requirement is not met. We may change the interest rate and APY on non-promotional account rate at any time after the account is opened. This promotion cannot be combined with other offers and discounts.
*APY= Annual Percentage Yield. NEW MONEY ONLY