High Interest Checking
Save while you spend with a high interest rate, no minimum balance, and no monthly service charge.
High Interest Checking
Here’s How to Earn:
- Sign up for eStatements. Digitally store your monthly statements and feel good about going green.
- Complete one direct deposit or ACH withdrawal per statement cycle. Have your paycheck direct deposited or make an online payment with your free bill pay. Plus, when you direct deposit your pay check, you have access
to it up to one day early!
- Make 12 debit purchases per statement cycle.
Want to Save While You Spend?
Round up your transactions and save the “change” with Debit Roundup. Call us to activate!
Earn up to 2.25% APY1,2 when requirements are met
- Free Online Bill Pay
- Get reimbursed up to $10/mo for non-Workers ATM fees2
- No monthly service charge
- No minimum balance
High Interest Checking
Open Now| Minimum Daily Balance for APY | Dividend Rate |
APY |
Minimum to Open |
|---|---|---|---|
| $0–$15,000 | 2.23% | 2.25% | $5 |
| $15,000.01 or more | 0.40% | 2.25%-0.96% | $5 |
| > Earned if requirements are not met. | 0.05% | 0.05% |
A Workers High Interest Checking account gives you:
Debit or ATM Card
Call us to order your card or stop by a branch to get one instantly.3
CO-OP Shared Branching
Access thousands of surcharge-free ATMs3 and a shared branch network nationwide.
Online and Mobile Banking
View accounts, move money, pay bills, deposit checks and sign up for e-statements.4
Overdraft Options
Life happens. Overdraft protection5 can give you peace of mind. View your options.
Even Safer Transactions
Use the CardValet® app to manage your card security and contact us to register your debit card for Mastercard SecureCode, a security PIN to make purchasing online with your card even safer.
1Rates subject to change at any time without notice unless otherwise noted. Rate may change after the account is opened. Offers may be withdrawn at any time. Subject to membership eligibility. Workers Federal Credit Union membership required; minimum balance to open membership account is $5, unless otherwise noted. Annual Percentage Yield (APY) and rates are effective as of 9/9/2021. Fees may reduce earnings. See our fee schedule for specifics. Interest compounded daily and paid monthly. See account disclosure and account terms and conditions provided at account opening for additional information.
2To earn these rates, you must meet the following monthly requirements per each statement cycle: 1) Have 12 point of sale debit card transactions post to your account, 2) Enroll and receive eStatements, and, 3) Have one direct deposit or ACH auto debit. The APY rate of 2.25% only applies to the first $0–$15,000. Balances of $15,000.01 or more earn an interest rate of 0.40%, with an APY range for the entire balance of 2.25%-0.96% .This APY range assumes a deposit of $50,000 for illustration purposes only. When monthly requirements are not met within a monthly statement cycle, the base rate of 0.05% APY will apply to the entire balance for the statement cycle. There is no minimum balance to earn this APY. Further, in addition to meeting the requirements listed above to earn the higher first and second tier APY rates and to receive up to $10 in ATM fee reimbursements, the account must be open for the entire statement period, otherwise, the base rate will be applied to the entire balance for the number of days in which the account was opened during the month, and you will not receive the ATM fee reimbursement.
3The first instant issue card is free but there is a fee for any additional or replacement cards. Please see our fee schedule for details. Other institutions may impose a surcharge for use of their ATMs.
4Text, data, and messaging rates apply for downloading/utilizing the app and text alerts.
54Available overdraft protection options include Sweep Transfer, Overdraft Privilege, and Checking Line of Credit. See account terms and conditions provided at account opening, rate sheet, and Reg E opt-in form for additional information. Fees will apply, see our fee schedule for details.