Carolinas Telco FCU is offering a reward checking account that pays 4.01% APY on balances up to $25,000 (0.50% for above) and refunds up to $25 per month in ATM fees if the following monthly requirements are met:
- 12 Visa Check Card purchases
- 1 Direct Deposit or ACH Auto Debit
- Receive E-Statements
Membership is open to employees, independent contractors, or self-employed persons, who work regularly in the Telecommunications Services Industry in North Carolina or South Carolina. Please see the credit union's Eligibility Page for more details. Membership requires a $1 fee and a minimum $25 deposit into your Prime Share Savings Account.
Branches are located in the North Carolina cities of Charlotte, Cornelius, Gastonia, and Raleigh, and in the South Carolina cities of Columbia, Greenville and Charleston.
The credit union is federally insured by the NCUA (Charter # 23494).
Other Reward Checking Accounts
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.
07/02/09: 4.01% APY up to $25K; 0.50% over; 0.25% base
12/29/08: 5.01% APY up to $25K; 1.01% over; 0.25% base