1.75% APY* on your balance!
Introducing Umbrella Checking. Everything you want in a checking account.
- A high interest yield on ANY Balance up to $25,000 (upon meeting "reward requirements")
- No Minimum Balance
- Free ATM Usage**
- Free Online Banking and Bill Pay
- Free Debit Card
- Free e-Statements
- No Monthly Account Maintenance Fees
Earning these rewards is simple... just use the services we're giving you with the account:
- Use your debit card at least ten times per cycle. (Sorry, ATM withdrawals do not count as debit card transactions.)
- Establish at least one regular direct deposit of a payroll or government check, or set up an automatic debit.
- Receive Electronic Statements, known as e-Statements.
- Access Online Banking at least once each cycle.
*To earn The Umbrella Checking rates you must complete the following 3 items: have 12 debit transactions, have an eStatement and have one Direct Deposit per statement cycle. The 1.750% Annual Percentage Yield (APY) applies to the first $25,000. Balances over $25,000 earn an APY of 0.250%. When monthly requirements are not met each monthly statement cycle, the base rate of 0.10% APY will apply to the entire balance for the statement cycle. Minimum to open the account is $100. **Umbrellas are on a first-come, first-serve basis and are limited while supplies last and are only available to accounts opened with funds from a non ACU account.
**At the end of each monthly statement period, we will refund up to $10 of the charges you have for using other banks' ATMs if you meet the monthly account qualifiers.