Financial Center FCU is offering a reward checking account that pays 2.01% APY on balances up to $25,000 (0.51% for above) and refunds ATM fees if the following monthly requirements are met:
- 12 debit card purchases
- one direct deposit or ACH debit
- receive electronic statements
Membership is open to anyone who lives, works, volunteers, worships or attends school in Marion County. Please refer to their About Us Page for more details.
Branches are located in and around Indianapolis. The credit union is federally insured by the NCUA (Charter # 8594). It has $369.9 million in assets and 36,438 members.
Other Reward Checking Accounts
This is the first reward checking account that I've found being offered in the Indianapolis area. There are a few other reward checking accounts being offered in other areas of Indiana. The best is at MidWest America FCU which has been offering 7.01% APY for balances up to $25K since February (see post).
To find reward checking accounts in other areas of the nation or to learn more about these accounts, please refer to my High Yield Checking website.
09/02/11: 2.01% APY up to $25K
07/09/10: 2.51% APY up to $25K
12/01/09: 3.01% APY up to $25K; 0.51% over; 0.05% base
06/16/08: 4.51% APY up to $25K; 1.01% over; 0.30% base