Dedicated to Deposits: Deals, Data, and Discussion

4.11% Reward Checking Account at Catholic Credit Union in Washington State

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Catholic Credit Union is offering a reward checking account called Elite Checking. It pays 4.11% APY on balances up to $35,000 (1.11% for above) and refunds ATM fees nationwide up to $25 per cycle if the following monthly requirements are met:
  • 12 or more Debit Card Purchases
  • One Direct Deposit or Automatic Transfer
  • Access your account online
  • Receive electronic statements
If these are not met, the rate falls to 0.11%. Minimum initial deposit is $100. There is no minimum balance requirement or monthly service charge.

Based on the name, I was expecting any Catholic would be eligible to join. However, it appears that eligibility is primarily limited to those in Washington State. According to the credit union's Membership Page, membership is open to those who live, work, worship or attend school in the following Central Washington Counties; Adams, Benton, Chelan, Douglas, Franklin, Grant, Kittitas, Klickitat and Yakima. Membership requires a minimum balance of $25 in the Primary Savings Account.

Branches are located in Yakima and Ellensburg, WA. The credit union is federally insured by the NCUA (Charter # 68061).

Thanks to the reader who emailed me news of this account.

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.

  Tags: Washington, checking account, reward checking account

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