MinnCO Credit Union is offering a high-yield reward checking account called eVantage Checking. The account has the following rates and features if certain monthly requirements are met (as of 3/19/2010):
- 4.10% APY on balances up to $30,000
- 1.10% APY on portion of balance over $30,000
- 0.10% base rate if requirements are not met
- Unlimited nationwide ATM fee refunds
Monthly requirements include:
- 12 Visa check card purchases
- One direct deposit
- Enroll and receive electronic statements
Other account features include:
- No minimum initial deposit
- No minimum balance requirement
- No monthly service fees
Credit union membership is open to those who live, work, worship, volunteer, or attend school in the Minnesota counties of Isanti, Chisago, Anoka, Sherburne, Benton and Mille Lacs. Please refer to the credit union's membership page for more details.
Branches are located in the Minnesota cities of Andover, Cambridge, Isanti and North Branch.
The credit union's ratings for safety and soundness are fair: 3 stars (adequate) at BauerFinancial (based on 12/31/09 data) and 3 stars (performing) at Bankrate.com (based on 9/30/09 data). The credit union is federally insured by the NCUA (Charter # 63639).
Other Reward Checking Accounts
This account at MinnCO Credit Union has three features that make it better than the average reward checking account: a higher maximum than typical ($30,000), higher yields (for both above and below the cap), and unlimited nationwide ATM refunds.
To find nationally available reward checking accounts and reward checking accounts in your local area, please refer to the reward checking section of DepositAccounts.com.