Signature FCU's Nationwide Choice Checking Earns 3.00% APY, $15k Max

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Deal Summary: Choice Checking, 3.00% APY on qualifying balances up to $15k.

Availability: Easy membership requirement

Signature Federal Credit Union’s (Signature FCU) Choice Checking account has been earning 3.00% APY on qualifying balances up to $15k, since it was introduced in April 2015. Qualifying balances of $15k+ earn 0.10% APY, as do all non-qualifying balances.

APYMINMAXINSTITUTIONPRODUCTDETAILS
3.00*%-$15kSignature Federal Credit UnionChoice Checking
OTHER TIERS: 0.10% $15k+
Accounts mentioned in this post. Rates as of December 11, 2017.

Qualifying Requirements

  • Direct Deposit(s) totaling at least $1k each month
  • Enroll and receive e-statements
  • At least 10 debit card purchases each month

The Choice Checking account has no minimum balance requirement or opening deposit requirement, but there is limit to one account per member. ATM fees are reimbursed up to $10 per month, if qualifying requirements are met. One free order of standard checks is provided once a year.

Availability

Headquartered in Alexandria, Virginia, Signature Federal Credit Union’s field of membership (FOM) provides a way to join for almost any U.S. citizen or resident alien.

USPS: Employees and retirees of the United States Postal Service qualify for membership.

Employment/Affiliation: Employees and members of 19 Washington, D.C. area businesses and organizations are eligible to join.

Sponsorship: Individuals who are sponsored by current Signature FCU Members also qualify.

Easy Membership: The fifth option on the online application reads,

Still need another way to join? By selecting this option Signature FCU will enroll you into American Consumer Council (ACC), at no cost to you, therefore making you eligible for membership.

Joining Signature FCU and/or opening a Choice Checking account can be done online, or in person at the sole branch located in Alexandria. The Membership Application is also available for download, and can be returned through a secured upload or by mail.

Credit Union Overview

Signature Federal Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 2.42% (excellent), based on June 30, 2017 data. In the past year, Signature FCU increased its total non-brokered deposits by $6.56 million, an above average annual growth rate of 2.84%. Please refer to our financial overview of Signature Federal Credit Union (NCUA Charter # 20061) for more details.

Signature Federal Credit Union was originally chartered in 1970 as NAPUS (National Association of Postmasters of the United States) Federal Credit Union. The rebrand is reflective of a change in the charter and the scope of membership. Signature FCU is currently the 25th largest credit union in Virginia, with more than 23,700 members and assets in excess of $301 million.

How the Choice Checking Compares

When compared to the 37 High Yield Reward Checking Accounts tracked by DepositAccounts.com that are nationally available and have maximum qualifying balances of at least $15k, Signature Federal Credit Union’s Choice Checking APY currently ranks third.

The above rates are accurate as of 11/1/2017.

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, reward checking accounts, nationwide deals

Comments
JBD
JBD   |     |   Comment #1
Hard or soft credit pull?
semistatic
semistatic   |     |   Comment #3
SP on EQ + Chex. After applying online, they review manually. My app took a couple days for them to process, but they have been very friendly.
Anonymous
Anonymous   |     |   Comment #2
Membership declined. Too many Chex System Inquiries.
semistatic
semistatic   |     |   Comment #4
How many did you have? A poster on DoC got approved w/ 20+ inq this year they said. I had 8, but 4 of them were from UNFCU, so 4 unique.
Signature FCU Raises Rates On CDs By 0.25% - Limited Time Offer
Availability: Easy membership

Signature Federal Credit Union (Signature FCU) is celebrating its 45th anniversary by adding an additional 0.25% to all of its regular Share Certificates (CDs) and IRA (Traditional, Roth, and ESA) Certificates. This is a limited-time offer valid through May 15, 2015.

This temporary rate increase makes the 12-month (1.36% APY), 18-month (1.41% APY) and 24-month (1.51% APY) CDs/IRAs the most competitive in Signature FCU’s product line. The minimum opening deposit is $500, with no maximum balance cap.

Choice Checking High Yield

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