3.00% APY Best reward checking account with Collins Community Credit Union
Posted on February 13th, 2012
Collins Community Credit Union is offering an attractive interest rate for their reward checking account called Advantage Checking. This money in the bank deal is tiered and has the following current checking account rate:
- 3.00% APY for balances up to $25,000
- 1.00% APY for balances of $25,000.01 to $50,000
- 0.50% APY for balances of $50,000.01 and above
- 0.10% APY base interest rate
You can start earning this best interest rate when you meet the credit union’s checking account requirements. Here are the following list of the monthly requirements:
- subscribe and receive e-statements
- sign up and access online banking with bill pay every month
- setup at least one direct deposit into your checking account
- make at least 15 purchases using your debit card
If you did not meet the requirements during the qualifying cycle, you will earn their base interest rate on the entire balance of your checking account. Y
Tags: Community Credit, Community Credit Union, Credit Union, Union
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3.00% APY Best reward checking account with Delaware Federal Credit Union
Posted on January 18th, 2012
Delaware Federal Credit Union continues to provide competitive interest rate with their reward checking account called Better Life Checking account. You can earn an interest rate of 3.00% APY for balances of up to $25,000 and 0.35% APY for the portion of the balance above $25,000. You also get to refund up to $25 worth of your ATM fees when all qualifications are met. The following are the list of checking account monthly requirements that you need to meet:
- you must make at least 10 purchases using your debit card
- sign up and receive your electronic bank statement
If you do not meet the bank’s prerequisites, you do not have to worry since you will still earn their base interest rate of 0.05% APY. T
Tags: Credit Union, Federal Credit, Federal Credit Union, Union
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$150 Bonus on checking account with Riverset Credit Union (ends on 15 November)
Posted on November 10th, 2011
Riverset Credit Union has an ongoing promotion with their checking account. This money in the bank deal lets you earn up to $150 bonus when you meet the credit union’s requirements. This checking account promo is scheduled to end on November 15, 2011. The following are the list of requirements that needs to be met to earn the checking account bonus:
- open a checking account and set up a payroll deduction or direct deposit and you will receive $50 in cash plus 5,000 reward bonus points which is equivalent to $50 value
- subscribe to electronic bank statement and make online bill pay and you will receive another 5,000 reward bonus points which is equivalent to $50 value
You can choose to open a Free Checking account which has no minimum balance and has free online banking with bill pay. You can also choose their Interest Checking account which will require you to deposit and maintain a minimum of $1,500. O
Tags: Credit Union, Riverset Credit, Riverset Credit Union, Union
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Savings Account Rates Deal of the Day: Hilco Credit Union at 0.75% APY
Posted on July 19th, 2011
Your search for one of the highest savings rates can end today. Hilco Credit Union is currently offering members an excellent rate on their savings account–by joining, you can earn .75% APY.
Terms of this Savings Account Rate
The advertised APY is the best savings account tiered rate offered by the credit union—and qualifying is easy. Simply open an account and maintain a minimum of $999 in your savings account and you’ll earn this top rate. Those interested in opening this account must first become a member of the credit union. Membership is open to individuals who are employed, retired or are the immediate family (same household) of an employee of Kerrville State Hospital, City of Kerrville, Kerr County or similar affiliations.
About Hilco Credit Union
In 1960, Hilco Credit Union was chartered as Kerr Federal Credit Union, changing its name only five months later. It of
Tags: Apy, Credit Union, Hilco Credit, Hilco Credit Union
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High Interest Savings Account Rates Deal of the Day: Members Choice WV Credit Union at 1.00% APY
Posted on July 4th, 2011
The Regular Shares Savings Account from Members Choice WV Credit Union is offering a 1.15% APY. This high interest savings account rate is available to members of the credit union only.
This is a tiered savings account rate that provides interest based on the amount of money on balance. Currently, the above rate is available to those who save on the account’s highest tier. Opening this account requires a $25 minimum deposit, but to take advantage of this rate, you will need to maintain a balance of $10,000 to $19,999.
Members Choice WV Credit Union was chartered in 1942 as a credit union for railroad employees. In July 1997, the name was officially changed from CONRAIL Credit Union to its current name. I
Tags: Apy, Credit Union, Wv Credit, Wv Credit Union
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Savings Account Rates Deal of the Day: Princeton Credit Union at .35% APY
Posted on June 24th, 2011
Becoming a member of Princeton Credit Union has many benefits, including access to the best savings rates. Currently, this credit union is offering a savings rate of .35% APY.
Only members are eligible for this savings account rate. You must open this account with an initial minimum deposit of $5.00 and maintain that balance to remain a member in good standing. Dividends on share accounts are declared monthly and credited quarterly. Rates are subject to change at any time.
Princeton Federal Credit Union was established in 1972 by the faculty and staff of Princeton University. Today, the credit union continues to grow and now serves almost 8000 members from over 60 Select Employer Groups (SEGs). Once you become a member of PFCU, you remain a member for life, regardless of whether you change jobs, move or retire.
Tags: Apy, Credit Union, Princeton Credit, Princeton Credit Union
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“Cross-Collaterization” And Its Relation To Credit Union Loans
Posted on May 1st, 2011
The Kentucky Bankruptcy Blog has posted an article that discusses why borrowers should sometime be cautious when taking out loans with credit unions. The author of the blog, Ms. Julie O’Bryan, has an extensive bankruptcy law practice in Louisville and also has an excellent book available for Kentucky residents who are considering bankruptcy.
In the article, Ms. O’Bryan opens by reminding borrowers that credit unions and some banks use “Loanliner” documents, which were developed by CUNA Mutual Group and are standard loan documents that are sold to financial institutions. About 70% of credit unions use Loanliner documents, which require a lending provision in which the borrower agrees that all other loans with the lender would be cross-collaterized.
Cross-collaterization is when the credit union uses the collateral from one loan for other loans, too.
Tags: Credit Union, Loans
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