Leaders Credit Union (Leaders CU) has a new Member Rewards Checking account that earns 2.02% APY on qualifying balances up to $25K; qualifying balances over $25K earn 0.20% APY. The minimum required to open a Member Rewards Checking account is $100.
- Be enrolled in eStatements
- Have at least one direct deposit per month
- Complete 15 debit transactions per month
- If monthly requirements are not met, account will earn 0.05% APY
Complete details concerning the Member Rewards Checking account can be found on Leaders CU’s Personal Checking page.
As part of Leaders CU’s Loyalty PERKS program, a Welcome Certificate (5.00% APY) is being offered to members who have joined in the past 60 days. This is a 12-month Certificate with a maximum deposit of $5K. More details can be found Leaders CU’s Certificates page.
Headquartered in Jackson, Leaders Credit Union offers membership to virtually everyone in West Tennessee through various ways.
Residency: Individuals who live, work, worship or attend school in Madison or Lake Counties are eligible to join.
Employment: Employees of many SEGs (healthcare, communications, and education) in West Tennessee, or employees of business with less than 500 employees in Obion County are eligible to join.
Joining and/or opening an account with Leaders CU can be done online or at any of seven Tennessee branches located in Bartlett, Jackson (5), and Union City.
Credit Union Overview
Leaders Credit Union has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 2.90% (excellent) based on March 31, 2015 data. In the past year, Leaders CU has increased its total deposits by $13.8 Million, an excellent annual growth rate of 7.31%. Please refer to our financial overview of Leaders Credit Union for more details.
Leaders Credit Union (NCUA Certificate # 61185) was originally established in 1957 as the Jackson-Madison County Teachers Credit Union. The name was changed to Leaders Credit Union in 1996 to better reflect the expanded field of membership. After almost 60 years of growth, Leaders CU holds assets in excess of $244 Million, with more than 35,000 members.
The above rates are accurate as of 7/15/2015.
To search for High Yield Reward Checking rates both nationwide and in your state, please refer to the High Yield Reward Checking rates section of DepositAccounts.com.
To search for nationwide CD rates and CD rates in your state, please refer to the CD rates section of DepositAccounts.com.