Update 8/08/09: The top rate has fallen to 3.00% APY.
St. Helens Community FCU is offering a reward checking account called Simply Rewarding Checking. It pays 3.00% APY on balances up to $25,000 (0.50% for above) and refunds ATM fees nationwide of up to $20 per cycle if the following monthly requirements are met:
- 10 Visa check card purchases
- one direct deposit or auto payment
- receive electronic statements
Membership is open to those who live, work, attend school, volunteer, or worship in Columbia County or Sauvie Island, Oregon. Please refer to the credit union's Membership Eligibility section for the full details. Membership requires a minimum balance of $5 in the regular savings account.
Branches are located in the Oregon cities of St. Helens, Scappoose, Rainier and Clatskanie.
The credit union is federally insured by the NCUA (Charter # 2730).
Thanks to the reader who emailed me info on this reward checking 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.
08/01/09: 3.00% APY up to $25K; 0.50% over
05/01/09: 3.50% APY up to $25K
03/01/09: 4.25% APY up to $25K
02/17/09: 5.25% APY up to $25K; 1.01% APY over $25K; 0.05% if requirements not met