Dedicated to Deposits: Deals, Data, and Discussion
Gulf Winds Credit Union1.50%-$10kMyHigh-Yield Share Draft Checking
Gulf Winds Credit Union0.05%--MyHigh-Yield Share Draft Checking
Accounts mentioned in this post. Rates as of August 26, 2014

High-Yield Reward Checking Account at Gulf Winds Federal Credit Union in Pensacola - Local Only


Gulf Winds Credit Union

Gulf Winds Federal Credit Union is offering a reward checking account called Gulf Winds High-Yield Checking. Like many new reward checking accounts being launched these days, the balance cap is lower than what we have come to expect. Nevertheless, it's always nice to see a new reward checking account. The rates and features of the account if certain monthly requirements are shown below (as of 10/25/2010):

  • 3.01% APY for balances up to $15,000
  • 0.50% APY for balances over $15,000
  • 0.05% base rate if requirements are not met
  • ATM fee refunds up to $15 per cycle

Monthly requirements include:

  • 12 debit card purchases
  • one direct deposit and/or one automatic debit transaction
  • Receive your monthly statements electronically

There's no monthly fee or minimum balance requirement, and online bill pay is free.

Membership is open to anyone who lives, works, worships, or attends school in Escambia or Santa Rosa Counties, Florida, and Escambia County, Alabama. Please refer to the credit union's membership page for the full details. Membership requires a minimum balance of $25 in the savings account.

Branches are located in the Pensacola metro area.

The credit union's overall health score at is 4 out of 5 with a Texas Ratio of 3.68% (excellent) based on June 2010 data. Please refer to our financial overview of Gulf Winds Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 24702).

Other High-Yield Reward Checking Accounts

To find reward checking accounts in your state or to find those available nationwide, please refer to the reward checking section of

  Tags: Florida, Alabama, reward checking account, Gulf Winds Credit Union, checking account

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Comment #1 by 51hh posted on
Sad to see the current RCA standard offer is (3%, $15K) and how so many banks are catching up with this trend.