Kellogg Community FCU (MI) Adds eChecking (New RCA)


Availability: Residents of nine Southwestern Michigan counties.

Kellogg Community Federal Credit Union’s (KCFCU) has added a new rewards checking account: eChecking, which earns 4.00% APY on qualifying balances up to $15K. eChecking offers the same benefits of KCFCU’s Classic Checking.

eChecking is our new high dividend checking account – it’s easy, it’s electronic, and you can earn an exceptionally high rate of 4% APY on balances up to $15,000.

Monthly Qualification Requirements

  • Minimum of $500 in Direct Deposits
  • Minimum of four online banking logins
  • Minimum of 20 debit card transactions
  • Receive eStatements
  • Enrolled in bill pay

Refer A Friend Program

Current KCFCU members will receive $25 for each new referred member who opens a checking account (minimum $100 opening deposit); the new member will also receive $25. Details and a referral form can be found on KCFCU’s "Tell Your Friends" page.

Thanks to DA member, Dave5, for bringing this new product to my attention.


Membership in Kellogg Community Federal Credit Union is residency based, with individuals who live, work, worship, or attend school in the Michigan counties of Allegan, Barry, Berrien, Branch, Calhoun, Cass, Kalamazoo, St. Joseph, and Van Buren County eligible to join.

Joining KCFCU and/or opening an eChecking account can be done by visiting any of ten Michigan branches located in Battle Creek (4), Galesburg, Kalamazoo, Marshall, Portage, Springfield, and Three Rivers.

At this time, KCFCU’s online banking platform, It’sMe247, is limited to account management and bill payment services.

Credit Union Overview

Kellogg Community Federal Credit Union has an overall health grade of "A" at, with a Texas ratio of 4.34% (excellent) based on June 30, 2015 data. In the past year, Kellogg Community FCU increased its total deposits by $9.47 Million, an above average growth rate of 2.51%. Please refer to our financial overview of Kellogg Community Federal Credit Union for more details.

In 1941, twelve Kellogg Company employees contributed $5 each and applied for a charter, forming a credit union to serve the financial needs of Kellogg Company employees and retirees in Battle Creek.

And so began a 74-year community co-operative financial journey. Today, Kellogg Community Federal Credit Union (NCUA Charter # 4702) holds assets in excess of $425 Million and serves over 33,800 members.

How The eChecking Account Compare

When compared to the 52 Reward Checking accounts tracked by available to Michigan residents, Kellogg Community Federal Credit Union’s eChecking APY currently ranks third.

The above rates are accurate as of 9/30/2015.

To look for the best nationwide Reward Checking account rates and the best Reward Checking account rates in your state, please refer to our Reward Checking account rates table.

Kellogg Community FCU (Michigan) Raises Rates on 5-year CDs

Southwest Michigan’s Kellogg Community Federal Credit Union’s (Kellogg Community FCU) just raised the rates on two of its long-term Share Accounts (CDs): 5-year CD (2.20% APY) and 5-year Golden CD (2.40% APY).

The minimum opening deposit for the 5-year CD is a low $500, while the 5-year Golden CD requires a minimum $50K; there is no maximum balance cap for either CD. Both 5-year CDs are available as IRAs (Traditional, Roth and CESA) at the same rates, with the same funding requirements.

According to Kellogg Community FCU’s Disclosures page,

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4.99% 7-Month CD ($5K Max) at Kellogg Community FCU in Michigan - Local Only
Kellogg Community FCU is having a grand opening special with a 4.99% APY 7-month certificate. Minimum deposit is $500, and the maximum is $4,999. It requires that you also open a checking account with direct deposit of at least $100. It's scheduled to last through this week but it could end at anytime. This special is not listed at the credit union's website. A reader emailed me info on this, and I just called for additional details.

The CSR said that this special is only available at their two new branches...

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