In addition to the high yield CD, RCU is offering a $50 bonus for opening a checking account. You must be a new member or an existing member without a RCU checking account within the last 6 months. You can also earn up to an extra $10 for turning in old checks from another institution (10 cents per check). The nice thing about this bonus is that it doesn't require direct deposit, and the bonus will be deposited into the account at the time the account is opened.
The field of membership includes those who live in one of several counties in Wisconsin. You can also be eligible via immediate family member who is a credit union member or is just eligible to join. See site for details.
Branches are located in the cities of Eau Claire, Chippewa Falls, Colby, New Richmond, Rice Lake and Whitehall.
The credit union is federally insured by the NCUA. It has $786 million in assets and 106,674 members.
Thanks to the reader who mentioned the $50 checking bonus in the finding deals post.