The requirements for the Premium Rewards Checking account at this 5-star DA-rated Alabama credit union are as follows:
- 12 Visa Debit Card Transactions (excluding ATM)
- At least one ACH deposit or automatic payment (via ACH)
- Sign Up for monthly eStatements and eNotices
- Access Online Banking at least once
If balances are over $15k or requirements are not met, the account pays the regular share rate, currently 0.20% APY.
New Premium Rewards Checking accounts automatically meet requirements the first calendar month the account is open.
ACHs from a utility bill or insurance bill that you set up from the vendor's site, for example, is acceptable for meeting requirements. However, note that is you fail to maintain this requirement, you will be automatically switched out of Premium Rewards Checking after three months.
Eligibility in the credit union is open to those who live, work, worship or attend school in any of the following counties in Alabama: Talladega, Shelby, Coosa,Tallapoosa, Chilton, Calhoun, Clay, St. Clair, Lee.