Checking Plus
Interest-Bearing Checking
Checking Plus is the perfect checking for those that want to earn a little interest but don't necessarily feel comfortable with all the electronic service requirements of Reward Checking. There is no minimum balance fee, just a minimum balance required to earn interest. The interest earned is lower than Reward Checking but the only requirement is to maintain a $500 balance. Details include:
- $500 Minimum Balance to earn interest
- No Monthly Fee
- Free CU Bill Payer
- Free on-line account access, United@Home
- Free Debit or ATM Card
- Choice of Electronic or Paper Statement
- Free ATM transactions at UCU machines and 5 Free Foreign Transactions
- Direct Deposit is NOT required
- Free Checks with Direct Deposit (Limit one box per year)
Compare interest rates for Reward Checking and Checking Plus below!
| Checking Accounts | ||
| Effective Date: Tuesday, March 21st, 2023 | ||
| Average Daily Balance | Dividend Rate | APY* |
| Reward Checking | ||
| $0 - $25,000 | 0.50% | 0.50% |
| Over $25,000 | 0.15% | 0.15% |
| Requirements Not Met | 0.10% | 0.10% |
| Initial deposit of $50 required to open Reward Checking. No minimum balance required to maintain. | ||
| Checking Plus | ||
| $0 - $10,000 | 0.05% | 0.05% |
| Over $10,000 | 0.05% | 0.05% |
| Personal Checking Plus - No interest if balance drops below $500. | ||
| Business Checking Plus - No interest if balance drops below $1000. | ||
| *APY = Annual Percentage Yield. | ||
| Rates stated as Annual Percentage Rate. All rates are subject to credit approval and are determined by credit score. Rates subject to change. | ||
*A Chex Systems report will be run for all new checking accounts. If you have a previous unpaid collection account with United Credit Union or have been reported for committing fraudulent activity, UCU will not allow a checking account to be opened. See our checking chart to compare all of United Credit Union's checking options.
