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Please be aware that APGFCU will never send you text messages containing links to our website or instructing you to log into online banking. If you receive a text message with a link to APGFCU's website, do not click on it. Instead, visit apgfcu.com or use the mobile app to access your online banking account.
High Yield Checking
High Yield Checking
Perks and Benefits
Our High Yield Checking earns you up to a whopping 4.00% APY* on balances up to $20,000! This high-performing account goes beyond just great rates. It offers benefits designed to streamline your finances and help you reach your goals.
Competitive Rates
Earn more on your balance with a high annual percentage yield (APY).*
No Monthly Fees
Avoid unnecessary charges and maintain more of your balance.
Easy to Open
Start earning dividends quickly with a streamlined account opening process.
Federally Insured
Have peace of mind knowing the NCUA insures your account.
Your Money Works Harder With High Yield Checking
Your money works harder with our high-rate checking account. Experience a powerful combination of high dividends, minimal fees, and convenient account management.
- Enjoy up to a competitive 4.00% APY* on balances up to $20,000 and 0.20% APY* on any balances above $20,000.01, provided the following criteria are met:
- Opt out of paper statements by updating statement preferences in Online Banking
- Have a direct deposit of at least $200 per month into your High Yield Checking account1
- Have 15 or more debit card purchases per month2
- No monthly maintenance fees
- Easy to open with no minimum balance requirements
High Yield Checking Rates
| Account Status | Minimum Balance | Dividend Rate | Annual Percentage Yield* | Alert Me |
|---|---|---|---|---|
| Meet Criteria | $0 - $20,000 | 3.93% | 4.00% | |
| Meet Criteria | $20,000.01 and above | 0.20% | 0.20% | |
| Do Not Meet Criteria | No minimum balance | 0.05% | 0.05% | |
| *High Yield Checking is limited to one per member (per membership). To earn the higher rate, you must opt out of paper statements from APGFCU, have an ongoing qualifying direct deposit of at least $200 per month into your High Yield Checking account1, and complete a minimum of 15 qualifying Point-Of-Sale (POS) purchase transactions per month using an APGFCU Visa Debit Card linked to the High Yield Checking Account2. Dividends are earned from day of deposit to day of withdrawal, compounded and credited monthly. Federal regulations prohibit dividends in excess of available earnings. APY is accurate as of the last dividend declaration date. Fees may reduce earnings on account. DIVIDEND RATES MAY CHANGE AFTER ACCOUNT IS OPENED.
1A qualifying direct deposit is a recurring electronic credit of your salary, pension, Social Security, or other regular monthly income deposited to your account by your employer or an outside agency. Transactions that do not qualify as a Direct Deposit include, but are not limited to, transfers from one account to another, deposits from an internet payment service, and deposits made at an ATM. 2Minimum purchase transaction is $1.00. Debit card transactions may take one or more business days from the transaction date to post to an account from the date the transaction is made. Both PIN and signature POS transactions qualify. ATM transactions do not qualify. To qualify, debit card transactions must process, post, and clear within the calendar month. |
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Open an Account in 3 Easy Steps
Apply
Click the green button or visit a branch to start your application.
Deposit Funds
Start Earning
Enjoy up to a 4.00% APY* on balances up to $20,000 when you meet the required criteria.1
High Yield Checking FAQs
- Does my account balance affect my dividend rate?
This account earns up to 4.00% APY* on balances up to $20,000, if you meet all qualifications. Balances $20,000.01 and above earn a 0.20% APY.* If you do not meet the criteria, the entire balance earns 0.05% APY.*
- What are the requirements to earn the highest rate?
There are a few simple requirements to qualify for the top-tier rate:
- Opt out of paper statements and choose e-statements instead.
- Have a qualifying, recurring monthly direct deposits1 totaling at least $200 per month into your High Yield Checking account.
- Make a minimum of 15 debit card purchases each month.2
- Is a high yield checking account the same as a high yield savings account?
While both offer impressive dividend rates, they serve different purposes. A high yield checking account is for everyday transactions, while a savings account is better for long-term growth.
- How easy is it to open a high yield checking account at a credit union?
- Are there any differences between checking accounts offered at banks and credit unions?
Credit unions usually often offer more competitive rates, and generally have lower checking and savings account fees. Plus, credit unions are owned by the members and not stockholders. At APGFCU, when you're a member, you can be assured your best interests guide every product we offer and every decision we make. To learn more about being an APGFCU member, click here.
More Ways to Save
Member Protect Checking
Protect your finances and identity with comprehensive features and competitive rates.
Certificates
Maximize your savings potential with secure and high-yield certificate options.
Savings & IRAs
Invest in your future with flexible savings solutions designed for success.
Need Help With a Checking Account? Get in Touch!
