Earlier this month, Mobility Credit Union (Mobility CU) boosted the rate on its rewards checking account, Earn-It Checking. Following an increase of 105 bps, the Earn-It Checking currently earns 6.17% APY on qualifying balances up to $15k; qualifying balances over $15k earn 0.05% APY. Non-qualify balances up to $15k earn 0.03% APY, with non-qualifying over $15k earning 0.05% APY.
The monthly qualification requirements include the following:
- At least 15 debit card purchases (minimum $10 per transaction)
- At least $300 in direct deposit or ACH deposit each month
The Earn-It Checking account has no minimum daily balance or monthly service fee, but does require a $100 minimum opening deposit. A free debit card will be issued following account opening. Unlimited check writing is available with a free box of starter checks provided. PopMoney (P2P transfers) are free, as are cashier checks and official checks. While there is no reimbursement for ATM fees, Mobility CU members have access to more than 30,000 fee-free ATMs through the CO-OP ATM network. Mobility CU also offers one free foreign ATM transaction per month; there is a $2 fee for each transaction at a non-Mobility CU ATM or CO-OP ATM.
Headquartered in Irving, Texas, Mobility Credit Union's field of membership (FOM) s wide, with a way for virtually all Texas residents to join.
Individuals who live, work, worship, or attend school in the Texas counties of Collin, Dallas, Denton, Ellis, Fannin, Grayson, Hunt, Johnson, Kaufman, Parker, Rockwall, Tarrant or Wise, are eligible to join.
Individuals who live outside the DFW Metroplex can qualify for membership through the Texas Consumer Council (TXCC).
Mobility Credit Union will handle everything, including your fee to join. Your name, address, email and phone number will be shared with TXCC as part of the enrollment process. TXCC will not share your information with third parties.
Family members of a current Mobility CU member also qualify for membership, no matter where the family member lives. In this instance, family members are defined as spouse, significant other, parent, child/step-child, sibling, niece, nephew, and grandparent.
According to CSR, opening an Earn-It Checking account can be done online, in-person at any of the above-mentioned branch locations, or by phone (214.574.2000).
Opening a Regular Share Savings account with a minimum $25 deposit establishes a Mobility CU membership.
Mobility CU participates in both the CO-OP Shared Branch and ATM networks.
With access to over 30,000 ATMs and over 5,000 shared branches, you
always have access to your money nationwide where ever you may travel.
Credit Union Overview
Mobility Credit Union has an overall health grade of "B+" at DepositAccounts.com, with a Texas Ratio of 5.99% (excellent) based on June 30, 2023 data. In the past year, Mobility CU has increased its total non-brokered deposits by $45.31 million, an excellent annual growth rate of 15.79%. Please refer to our financial overview of Mobility Credit Union (NCUA Charter # 68606) for more details.
In 1965, 14 employees met in the Dallas IBM facility’s lunchroom, collected $150, and founded the IBM Southwest Employees Federal Credit Union. As the FOM grew and diversified, the name was changed to YOUR Credit Union, as a “better reflection of the Credit Union’s strategic vision.”
With the advances in technology, which redefined banking convenience, along with a growing and younger mobile society, we determined that a new name was needed to convey our capability to meet the dynamic changes taking place in the market place. In 2014, we changed our name to MOBILITY Credit Union. The name depicts our ability to enable members to conduct banking transactions from anywhere and at any time, 365 days a year, 24 hours a day.
Mobility Credit Union is currently the 72nd largest credit union in Texas, with more than 21,000 members and assets in excess of $381 million.
How Earn-It Checking Compares
When compared to the High Yield Rewards Checking Accounts tracked by DepositAccounts.com that are available to all Texas residents and have maximum qualifying balances of at least $15k, Mobility Credit Union’s Earn-It Checking APY currently ranks first.
The above rates are accurate as of 9/28/2023.
To look for the best Reward Checking Account rates, both nationwide and state specific, please refer to our High Yield Reward Checking Account Rates Table page.