High-Yield Reward Checking Account at Mountain Credit Union in North Carolina - Local Only

Mountain Credit Union has a rewards checking account with the following rates and features if certain monthly requirements are met:

• 4.15% APY on balances up to $25,000
• 1.01% APY on balances over $25,000
• 0.05% base rate if qualifications are not met
• Refunds of ATM fees nationwide up to $25 per cycle

The monthly requirements include:

• 12 signature-based debit card purchases
• one direct deposit
• receive e-statements

Additional features of the account regardless of the monthly requirements include:

• No minimum balance requirement
• No monthly service charge
• Multiple accounts can be opened, but requirements must be met for each account

Credit union membership is open to anyone who lives, works, worships or attends school in Buncombe, Haywood, Henderson, Jackson, Macon or Swain county of Western North Carolina or in the Cherokee Indian Reservation. Please refer to the credit union's membership page for the full details. Membership requires a $25 minimum balance in the Main Share Account.

Branches are located in Asheville, Cherokee, Fletcher, Franklin, Sylva and Waynesville, NC. The credit union is federally insured by the NCUA (Charter # 68531).

Other Reward Checking Accounts

To find reward checking accounts in other areas of the nation or to learn more about these accounts, please refer to my High Yield Checking website.

Rate History:

• 02/15/10: 4.15% APY up to $25K (update made on 9/3/10)
• 05/22/09: 5.15% APY up to $25K; 1.01% over; 0.05% base