Athol Credit Union (MA) Adds Umbrella Checking


Deal Summary: Umbrella Checking, 2.25% APY up to $25k.

Availability: Residents of Franklin, Hampshire, and Worcester Counties, Massachusetts.

This week, Athol Credit Union (ACU) announced the addition of a new rewards checking account – Umbrella Checking, which earns 2.25% APY on qualified balances up to $25k. Qualified balances over $25k earn 0.50% APY, with non-qualifying balances earning 0.10% APY.

1.75*%-$25kAthol Credit UnionUmbrella Checking
OTHER TIERS: 0.25% $25k+
Rates as of May 23, 2024.

Qualifying Requirements

  • Have at least 12 debit card purchases
  • Receive eStatements
  • At least one direct deposit per statement cycle

The Umbrella Checking account has no monthly service fee, no minimum balance requirement, and can be opened with a minimum $100 deposit. If you open an Umbrella Checking account with non-ACC funds, you qualify to receive an actual umbrella.

Umbrellas are on a first-come, first-serve basis and are limited while supplies
last and are only available to accounts opened with funds from a non ACU account.


Headquartered in Athol, Massachusetts, Athol Credit Union’s field of membership (FOM) is residency based, with individuals who live, work, or attend school in 71 named towns in the Massachusetts counties of Franklin, Hampshire, and Worcester eligible to join.

Joining Athol Credit Union and/or opening an Umbrella Checking account can be done online, or at either of the two Massachusetts branches located in Athol and Orange.

Credit Union Overview

Athol Credit Union has an overall health grade of "B" at, with a Texas Ratio of 16.95% (above average) based on June 30, 2017 data. In the past year, ACU has increased its total non-brokered deposits by $2.82 million, an excellent annual growth rate of 5.3%. Please refer to our financial overview of Athol Credit Union (NCUA Charter # 66819) for more details.

Chartered in 1930, Athol Credit Union was “designated as a Community Development Financial Institution by the U.S. Treasury” in 2015, providing its members with better access to affordable home ownership, reliable transportation, and a variety of checking account products.

How the Umbrella Checking Compares

When compared to the 39 High Yield Reward Checking Accounts tracked by that are available within the FOM and have maximum qualifying balances of at least $25k, Athol Credit Union’s Umbrella Checking APY currently ranks second.

To look for the best Reward Checking Account rates, both nationwide and in your state, please refer to our High Yield Reward Checking Account rates table or our Rates Map page.

The above rates are accurate as of 10/26/2017.

Related Pages: Boston checking accounts, reward checking accounts

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Quabbin Online Credit Union has a savings and money market account, and both have a 1.35% APY on all balances as of 9/13/2011. Minimum deposit to open the accounts is $25, and there are no monthly service...

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