4.0% dividend rate from Pacific Resource Credit Union
Another high yield checking account just came in to our inbox, this time coming from a not-for-profit credit union out of California. Currently Pacific Resource Credit Union has a “high flying checking account” yielding an APY of 4.00% for balances of $25,000 or less. For balances of $25k to $250k you can still earn 1.329% APY if all conditions are met.
Even though Pacific Resource Credit Union is located in Las Angeles, California, US residents nationwide can take advantage of this financial product.
One noteworthy aspect of their high flying checking account is the “dividend rate range” associated with balances of $25k or more. With $25k or less you are clearly set to earn an APY of 4.074%, however with balances of $25k to $250k you can earn APY’s anywhere from 1.329% to 4.25%. Currently the yield is 1.329, however this is a variable rate and can change at anytime (but will not dip below 1.329%).
Checking Account Requirements:
- 10 debit card transactions per cycle
- eStatement required
- 1 direct deposit or ACH auto debit per cycle
Checking Account Benefits:
- Earn up to 4.074% interest every month
- No minimum to open
- No minimum balance
- Up to $25 in ATM fees refunded per cycle
- Free Online Banking
- Free Resource Bill Pay
- Overdraft Protection Available
- Free Visa Debit Card
- Free eStatements
