close
High Yield is now Higher Yield! Earn a whopping 5% on first $5,000

High Yield is now Higher Yield!

Earn a whopping 5% on first $5,000

Text Resize

   

Our High Yield Checking earns a fantastic rate of interest. Why so high? We want to encourage you to be financially secure—and a healthy account balance is a great way to start.

We start with what you want and keep piling on the rewards. Both our CashBack Checking and High Yield Checking come with great benefits.

We’re talking:

And, here’s where it really gets good.  If you have a High Yield Checking account you’ll be rewarded with an amazing 5%* interest-earnings rate.  Have Cash Back Checking?  You’ll get a handy $5 bonus credit at the end of each month.  Plus all accounts qualify for up to $10 a month ATM surcharge rebate. And, it’s simple to qualify for all these benefits.  Each month just remember to do the following:  

  • Make 15 or more Visa Debit Card transactions per month
  • Make a direct deposit of at least $1,000 (ACH credit of $1,000+)
  • Receive your statements electronically (via eStatements)

*On average daily balance up to $5000.  Balances above $5000 will earn 0.3%.

CashBack Checking

  • Monthly statement cash back credit of $5
  • An ATM surcharge rebate of up to $10 a month
  • Loan discounts of up to 1.00%
  • A .25% bump up rate on certificates

View disclosures

An initial deposit of $20 is required to open any Checking Account. CashBack Checking will earn a $5 (five dollar) reward and is eligible for up to $10 (ten dollars) in ATM surcharge rebates per statement cycle subject to the following: 1) $1,000 (one thousand dollars) monthly minimum direct deposit, 2) eStatements, and 3) 15 Debit Card Point of Sale (PIN and Signature based) posted transactions using the Farmers Insurance Federal Credit Union Debit Card. Posted transactions count toward monthly minimums. Additional restrictions apply: I must be a Member in good standing with a valid email address on file with the Credit Union. Qualifying transactions must post and clear the account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post to the account. At the time of the statement cycle date you will verify the combined products and services used since the previous cycle date to determine the qualification for the $5 reward and the eligibility for the ATM surcharge rebate. In the event that my monthly $1,000 ACH Direct Deposit credit does not come in for a 60 day period, the loan discount and the rate bump-up on the certificate will also be discontinued. CashBack reward amount may be found at the Credit Union’s website, verified at a Credit Union Branch or by calling 800.877.2345. Rewards, ATM surcharge rebate amounts and eligibility criteria are subject to change at any time. Fees may reduce earnings. Accounts with one calendar month of no activity will be assessed an inactivity fee of $5.

High Yield Checking

  • Earn 5% on balances up to $5000. Balances above $5000 will earn 0.3%
  • An ATM surcharge rebate of up to $10 a month
  • Loan discounts of up to 1.00%
  • A .25% bump up rate on certificates

View disclosures

An initial deposit of $20 is required to open any Checking Account. High Yield Checking is an interest earning checking account eligible for up to 5% APY interest on the average daily balance in the checking account up to $5000 (five thousand dollars) and 0.3% on balances over $5000. Dividends are calculated by applying a periodic rate to the Average Daily Balance in the account for the Dividend period. High Yield Checking will earn up to 5% APY interest and is eligible for up to $10 (ten dollars) in ATM surcharge rebates per statement cycle subject to the following: 1) $1,000 (one thousand dollars) monthly minimum direct deposit, 2) eStatements, and 3) 15 Debit Card Point of Sale (PIN and Signature based) posted transactions using the Farmers Insurance Federal Credit Union Debit Card. Posted transactions count toward monthly minimums. Interest earned will be credited to the account at the end of the statement period. Additional restrictions apply: I must be a Member in good standing with a valid email address on file with the Credit Union. Qualifying transactions must post and clear the account during the monthly qualification cycle. Should the account not qualify for ATM surcharge rebates and/or the 5% APY interest, and for balances in excess of $5000, the account will earn 0.30% APY (thirty basis points) on the checking account balance. Transactions may take one or more business days from the transaction date to post to the account. At the time of the statement cycle date you will verify the combined products and services used since the previous cycle date to determine the qualification for the 5% interest and the eligibility for the ATM surcharge rebate. In the event that my monthly $1,000 ACH direct deposit credit does not come in for a 60 day period, the loan discount and the rate bump-up on the certificate will also be discontinued. Current interest rates and the annual percentage yield may be found at the Credit Union’s website, may be verified at a Credit Union Branch or by calling 800.877.2345. Interest rates earned, ATM surcharge rebate amounts and qualifying dollar amounts for interest earned are subject to change at any time. APYs, ATM surcharge rebate amounts and eligibility criteria are subject to change at any time. Fees may reduce earnings. Accounts with one calendar month of no activity will be assessed an inactivity fee of $5.
National Credit Union Administration

This Credit Union is federally insured by the National Credit Union Administration. This Credit Union is an Equal Housing Lender, we make loans without regard to race, color, religion, national origin, sex, handicap, or familial status.

If you are using a screen reader or other auxiliary aid and are having problems using this website, please call 800.877.2345 for assistance.

© 2019 Farmers Insurance Group Federal Credit Union.

All rights reserved.

We're On Social Media!

Facebook Twitter LinkedIn Instagram