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Vermont Federal Credit Union1.50%-$25kReWARD Checking
Accounts mentioned in this post. Rates as of August 31, 2014

High-Yield Reward Checking Account at Vermont Federal Credit Union


Vermont Federal Credit Union

Update 11/02/10: The top yield has fallen to 2.00% APY. Refer to the bottom of the post for the rate history.

Vermont Federal Credit Union is offering a reward checking account that pays 2.00% APY for balances up to $25,000 (0.65% for above) and refunds ATM fees (up to $25 per month) if the following monthly requirements are met: 1) 12 debit card purchases, 2) one direct deposit or ACH payment, 3) access online banking, and 4) receive e-mail indicating your e-Statement is ready. If these are not met, the rate falls to 0.10%. There are no monthly fees or minimum balance requirements.

Membership is open to those who live, work, worship or attend school in Chittenden, Grand Isle, Franklin, Lamoille, Washington or Addison counties. Please see the credit union's Membership page for more details. Membership requires a minimum deposit of $25 in the share savings account.

Branches are located in the Vermont cities of Burlington, Middlebury, St. Albans, South Burlington and Vergennes. The credit union is federally insured by the NCUA (Charter # 24405). It has $188.6 million in assets and 24,563 members.

Other High Yield Reward Checking Accounts

For other reward checking accounts and for more information on these accounts, please refer to the following posts:

Rate History:

  • 11/02/10: 2.00% APY up to $25K; 0.65% over
  • 09/01/09: 2.50% APY
  • 03/01/09: 3.01% APY
  • 12/16/08: 4.01% APY
  • 03/24/08: 5.01% APY up to $25K; 0.75% over; 0.10% base

Related Pages: Vermont, checking account, Vermont Federal Credit Union, reward checking account

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Comment #1 by Anonymous posted on
As of 3/1/09 the top rate has fallen to 3.01%. Other rates remain same.