High-Yield Reward Checking & Savings Accounts at Gulf Coast Community FCU - Local Only
Gulf Coast Community Federal Credit Union is another institution offering Kasasa Accounts. These include a high-yield reward checking account and a savings account that is paired with the checking. The following is a list of the checking and savings account rates and features if certain monthly requirements are met (as of 4/09/2010):
Kasasa Cash Checking:
- 3.56% APY up to $25,000
- 0.75% APY for portion of balance over $25,000
- 0.25% base rate if requirements are not met
- ATM fee refunds up to $20 per statement cycle
- 1.51% APY up to $25,000
- 0.50% APY for portion of balance over $25,000
- 0.10% base rate if requirements are not met
Monthly requirements to receive the above rates for both accounts:
- 12 debit card purchases
- One direct deposit or ACH automatic payment
- Receive e-statements
Other features of the accounts:
- $100 minimum initial deposit for both accounts
- No minimum balance
Membership is open to anyone who lives, works, attends church, or goes to school in Harrison or Hancock County, MS. Please refer to the credit union's membership eligibility page for the full details.
Branches are located in Gulfport and Bay St. Louis, Mississippi.
The credit union's ratings for safety and soundness are strong: 5 stars (superior) at BauerFinancial (based on 12/31/09 data) and 4 stars (sound) at Bankrate.com (based on 9/30/09 data). The credit union is federally insured by the NCUA (Charter # 242).
Other High-Yield Reward Checking & Savings Accounts
I'm seeing more banks and credit unions offering these Saver accounts with their reward checking accounts. This is a nice feature for those who have savings over the reward checking balance cap. The rate is much lower than the reward checking rate, but it's very competitive compared to internet savings account rates.
Refer to the reward checking section of DepositAccounts.com to find reward checking accounts in your state or that are available nationwide. To find institutions offering Saver accounts, please refer to the Savings Account section of DepositAccounts.com. Look for "Saver" and/or "Kasasa" in the Product column.
Banks Mentioned in this Post:
|Gulf Coast Community Federal Credit Union|
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