3.01% Reward Checking Account at Members First Credit Union in Parts of NH & MA - Local Only

Update 11/09/09: The top rate has fallen to 3.01% APY. Refer to the bottom of the post for the rate history.

Members First Credit Union is offering a rewards checking account with the following rates and features if certain monthly requirements are met:

• 3.01% APY on balances up to $25,000
• 1.01% on portion of balances above $25,000
• 0.10% base rate if qualifications are not met
• Refunds ATM fees nationwide up to $25 per cycle

The monthly requirements include:

• 12 debit card purchases
• One direct deposit or ACH auto debit
• Receive e-statements

Additional features of the account regardless of the monthly requirements include:

• No minimum balance requirement
• No monthly service charge
• Free Online Bill Pay
• Free in-network ATM use

Membership is open to anyone who lives or works within 25 mile radius of a Members First branch. Please refer to the credit union's eligibility page for the full details including a list of New Hampshire and Massachusetts cities which meet the location requirement.

Branches are located in Manchester and Franklin, New Hampshire. The credit union is federally insured by the NCUA (Charter # 65491).

Thanks to the reader who mentioned this reward checking account in the comments.

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.

Edit 7/18/09: Updated URLs.

Rate History:
11/01/09: 3.01% APY up to $25K
06/26/09: 4.01% APY up to $25K; 1.01% over; 0.10% base

Tags: Massachusetts, New Hampshire, checking account, reward checking account, Members First Credit Union