High-Yield Reward Checking Account at 1st Community FCU in Texas - Local Only
1st Community Federal Credit Union is offering a high-yield reward checking account called Priority Checking. The rate for the first tier is currently above average for reward checking. However, the second tier is worse than average. Another downside is a debit card usage requirement that's above average. Below are the rates and features if certain monthly requirements are met:
- 4.01% APY on balances up to $25,000
- 0.10% APY on portion of balance over $25,000
- 0.10% APY if requirements are not met
- ATM refunds up to $25 per item and $25 per cycle
The above rates are listed at the credit union's Priority Checking page as of 5/20/2010. The monthly requirements include:
- 15 debit card purchases
- Access "CU Easy" Online Banking at least once per cycle
- Receive statements electronically
Other features of the account include:
- No monthly service fee
- No minimum balance
Membership is open to those who live or work in any of the following Texas counties: Tom Green, Schleicher, Runnels, Pecos, Brewster, Coke, Concho, Crockett, Irion, Kimble, McCulloch, Mason, Menard, Reagan, Sterling, and Sutton . Please refer to the credit union's about page for the full details.
Membership requires a $5 one-time fee and a minimum balance of $25 in the share savings account.
Branches are located in San Angelo, Eldorado, Ballinger and Fort Stockton.
The credit union's ratings for safety and soundness are at or above average: 4 stars (excellent) at BauerFinancial, 3 stars (performing) at Bankrate.com and an overall health score of 4 out of 5 at DepositAccounts.com (see our 1st Community FCU rates and reviews page). All ratings are based on 12/31/09 financial data. The credit union is federally insured by the NCUA (Charter # 8715).
Other High-Yield Reward Checking Accounts
Please refer to the reward checking section of DepositAccounts.com to find reward checking accounts in your state or that are available nationwide.
Banks Mentioned in this Post:
|1st Community Federal Credit Union|
Locations: 6 Health Rating:
|Latest Review: "I have been using 1st community for at least 15 years, and they are perfect! M..."|