Market USA FCU Boosts VIP Checking Platinum Rate


Deal Summary: VIP Checking Platinum Tier, 3.01% APY on qualifying balances up to $15k.

Availability: Residents of Georgia, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, Washington, D.C., and West Virginia; various Partner Organizations and SEGs.

I wrote about Market USA Federal Credit Union’s (Market USA) VIP Checking Platinum Tier almost two years ago, when it earned 2.00% APY on qualifying balances up to $15k. That long-standing rate (nearly six years) was recently raised to 3.01% APY, with the balance cap remaining at $15k. Qualifying balances of $15k+ earn the “APY paid on regular checking accounts,” which is currently 0.05% APY.

3.01*%-$15kMarket USA Federal Credit UnionVIP Checking Platinum Tier
OTHER TIERS: 0.05% $15k+
Rates as of March 18, 2018.

Monthly Qualification Requirements

  • At least $250 in direct deposits
  • At least 12 debit card purchases (minimum $5)
  • At least three bill payments
  • Be enrolled in eStatements

The VIP Checking account has no minimum balance requirement, no monthly maintenance fee, or per check charge. There is a limit of one VIP Checking account per member/Social Security number. While there is no reimbursement for foreign ATMs, Market USA is a member of the CO-OP network, giving its members access to more than 30,000 surcharge-free ATMs nationwide.

VIP Checking Gold Tier

Market USA also offers a Gold Tier for the VIP Checking, which now earns 2.01% APY on qualifying balances up to $15k. The qualifying requirements are the same as for the Platinum Tier, except the three bill payments are not necessary to qualify.

2.01*%-$15kMarket USA Federal Credit UnionVIP Checking Gold Tier
OTHER TIERS: 0.05% $15k+
Rates as of March 18, 2018.


Headquartered in Laurel, Maryland, Market USA Federal Credit Union’s field of membership (FOM) is both residency and employment based.

Residency: Residents of Georgia,North Carolina, South Carolina, and Tennessee are eligible to join Market USA through the Carolina Chapter of the American Consumer Council (ACC), and residents of Maryland, Pennsylvania, Virginia, Washington D.C., and West Virginia are eligible to join through the Maryland ACC Chapter.

If joining Market USA through ACC, please put ACC - SC or ACC-MD as the Group you are affiliated with. By doing so, when you join Market USA, you will also become a member of ACC at no cost to you.

Employment/Affiliation: Employees and retirees more than 25 Partner Organizations (mostly grocery store chains), and members of more than 80 other organizations are eligible to join.

Joining Market USA can be done by downloading the membership application and returning the completed application, a copy of your government ID, and your initial $5 deposit. The application can be returned by mail or by visiting any of three branch locations in Laurel and Landover, Maryland, and Greenville, South Carolina.

Opening a VIP Checking account requires an in-person visit for new members, while current members can use Market USA’s Internet Banking platform to open additional accounts.

Credit Union Overview

Market USA Federal Credit Union has an overall health grade of "A" at, with a Texas Ratio of 5.60% (excellent) based on June 30, 2017 data. In the past year, the Credit Union has increased its total non-brokered deposits by $5.37 million, an excellent annual growth rate of 6.8%. Please refer to our financial overview of Market USA Federal Credit Union (NCUA Charter # 9003) for more details.

Market USA Federal Credit Union was originally established in 1953 as Giant Food Department Stores Federal Credit Union. In the past 64 years, the Credit Union has gone through three name changes, three mergers, and a FOM expansion, which has resulted in a significant presence throughout the Southeast. Market USA currently has more than 17,200 members and assets in excess of $105 million.

How the VIP Checking Compares

As Market USA’s FOM includes many states, I’ve chosen to compare the VIP Checking account to nationally available reward checking accounts. When compared to the High Yield Reward Checking Accounts tracked by that are available nationwide and have maximum qualifying balances of at least $15k, Market USA Federal Credit Union’s VIP Checking Platinum Tier APY currently ranks third.

The above rates are accurate as of 9/22/2017.

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.

Related Pages: Washington checking accounts, Greenville checking accounts, reward checking accounts

???   |     |   Comment #1
ACC comes handy again
Robb   |     |   Comment #2
Too many hoops for me to jump through for 5% on 15k.
wpt   |     |   Comment #3
Assets of 105 million makes this a fairly small credit union.
Market USA FCU (Multi-State) Has Competitive 60-Month CD
Availability: Residents of District of Columbia, Georgia, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia; various Partner Organizations and SEGs.

Last week, Maryland-based Market USA Federal Credit Union (Market USA) raised the rate on its 60-month CD (2.41% Preferred APY). The minimum opening deposit is $500 and there is no balance cap.

The Preferred APY includes a 0.35% premium; eligibility for the 0.35% premium requires having Direct Deposits and receiving e-Statements. The APY will decrease by 0.35% if the direct deposits or...

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4.00% Reward Checking Account at Market USA Federal Credit Union in MD, MA & SC - Local Only
Market USA FCU is offering a high yield reward checking account called VIP Checking. The account offers the following rates and features if certain monthly requirements are met:
  • 4.00% APY on balances up to $50,000
  • 0.10% on all amounts above $50,000
  • No interest is earned if requirements are not met
The monthly requirements include:
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  • One direct deposit of at least $250 of net pay
  • Enrollment in Internet Banking and eStatements
  • 3 online bill payments (minimum $20)
Additional features of the account regardless of the monthly requirements include:
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Membership is primarily based on select employee groups. Please see their Membership page for the full details. Membership requires a $5 deposit in your savings account.

Branches are located in Maryland, South Carolina and Massachusetts. The credit union is federally insured by the NCUA (Charter # 9003). It has $80.3 million in assets and 22,114 members.

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