Shell Federal Credit Union's BE GREEN Rewards Checking Still Viable


After four years, Shell Federal Credit Union (Houston, Texas metro area) continues to offer their high-yield reward BE GREEN Checking account. Even though the BE GREEN Checking has two downsides for a reward checking account (an above average debit card usage requirement and a below average balance cap), the upside is having a reward checking account available in a large metropolitan area.

2.20*%-$20kShell Federal Credit UnioneChecking
OTHER TIERS: 0.10% $20k+
Accounts mentioned in this post. Rates as of April 24, 2017.

BE GREEN monthly requirements include:

  • 20 debit card purchases
  • 1 direct deposit or automatic payment
  • Access online banking
  • Receive e-statements

BE GREEN features include:

  • $1 minimum to open the account
  • No minimum balance
  • No monthly service charge
  • All ATM fees reimbursed (if monthly requirements met)


Shell Federal Credit Union was chartered in 1937 as a credit union for the employees of Shell Oil Company. Shell FCU's mission statement proposes an organization that's purpose "is not profit, not charity, but service to members through leadership that is committed to keeping the credit union strong, aggressive and financially sound." Today, membership is open to anyone who lives, works, worships or attends school in Harris County, Texas, the most populous county in Texas. Headquartered in Deer Park, Shell FCU's 7 branches are located in Houston, Humble, La Porte, and Pasadena.

Credit Union Overview

Shell Federal Credit Union has an A rating and a Texas Ratio of 3.92% (excellent) at In the past year, total deposits have grown by $57.22M, an increase of 10.67%. In addition to its impressive total deposit growth, Shell FCU has an above average capitalization level of 9.74%. The credit union is federally insured by the NCUA (Charter # 1941).

How the Rate Compares

The 2.18% APY rate for the Shell Federal Credit Union's BE GREEN checking account may not look impressive when compared to other credit unions' reward checking accounts, but the fact that it is available to anyone in Harris County, Texas (3.1+ Million adults) makes it notable.

The above rates are accurate as of 7/20/2014.

To find the best reward checking accounts in your area or that are available nationwide, please refer to our reward checking account table.

Competitive CD & Reward Checking Rates at Shell FCU in Houston

Here's another Texas credit union with some top rates. Shell Federal Credit Union has several competitive CD rates. The best one is 2.20% APY for a 5-year term. Other competitive CDs include a 1.20% APY 18-month CD and a 1.60% APY 3-year CD. Minimum deposit is $50,000. The rates are 5 basis points lower for a $500 minimum deposit. These rates are listed in the credit union's investment rates page as of 7/27/2012.

The credit union also has a competitive reward checking account. It's called BE GREEN Checking, and it pays...

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High-Yield Reward Checking Account at Shell FCU in Houston - Local Only

Shell Federal Credit Union is offering a high-yield reward checking account called BE GREEN Checking. It has two downsides for reward checking: above average debit card usage requirements and a balance cap that's a little below average. Nevertheless, it's nice to see another reward checking account available in a big city. Below are the rates and features if certain monthly requirements are met (as of 6/15/2010):

  • 3.08% APY on balances up to $20,000
  • 0.10% APY on portion of balance over $20,000
  • 0.05% base rate if requirements are not met
  • All ATM fees reimbursed
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