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MAKE YOUR MONEY WORK FOR YOU

High Yield Checking

Savings, meet checking. Our High Yield Checking Account1 gives you the best of both worlds with a soaring rate and the versatility of your everyday checking account.

  • 3.00% APY2 on balances up to $10,000
  • No monthly service fee
  • 30,000 free ATMs3
  • Mobile Card Manager for your debit card
  • Easy-to-use online and mobile banking

How to earn your high yield

Your high yield can be earned on a monthly basis if you meet the following qualifications4:

  1. Must be opted in to eStatements
  2. Must have $500 in direct deposits into your High Yield Checking Account
  3. Must have a total of at least 15 TruWest debit or credit card purchases

No penalties, just good vibes

Even if you don’t meet the qualifications to earn your high yield each month, you can still enjoy these convenient benefits:

  • No monthly service fee. We aren’t going to make you jump through hoops to avoid a monthly fee. That would be uncool.
  • 30,000 free ATMs. Find free ATMs in places you already shop and even at other credit unions! Click here to find an ATM near you.
  • Mobile Card Manager for your debit card. Turn your card on/off, set restrictions and more with our Card Manager app. Click here to learn more.
  • Easy-to-use online and mobile banking. Our feature-rich online and mobile banking lets you deposit checks, pay your bills and even apply for new accounts and loans.

FAQs

Frequently Asked Questions

  • Can I have more than one High Yield Checking Account?
    Answer:

    Each member may only have one rewards checking account (High Yield or Cash Back). Any additional checking accounts will default to our Simply Checking Account. Learn more here.

  • When can I expect to see my earnings added to my account?
    Answer:

    Bonus dividends are added every third business day of the month for the previous month’s earnings.

  • Why didn’t I get my high yield this month?
    Answer:

    Make sure all the requirements were met to earn the high yield4:

    1. – Must be opted in to eStatements
    2. – Must have $500 in direct deposits into your High Yield Checking Account
    3. – Must have a total of at least 15 debit or credit card purchases

    If all the requirements were met and you still haven’t seen the dividend added to your account, please contact us at 1 (855) 878-9378.

Next Steps

As easy as 1, 2, 3

Applying for a Checking Account

Before completing an account application, you’ll need to have the following information handy:

  • Personal information (name, address, ID number)
  • Employment and salary information
  • Social security number
  1. 1
    Apply
    Start the process by applying for an account.
  2. 2
    SELECT APPLICATION OPTION
    Select either the New Member or Existing Member application. Once you have completed an application, you may return at any time at select Check Status to review your application status.
  3. 3
    CHOOSE ACCOUNTS
    Complete the account application, including selecting your desired account(s).

Questions?

We're happy to help! Just give us your name, email and phone number and we'll get in touch with you shortly.

1Must be a TruWest member with a minimum $5 membership deposit and continuing balance. New checking accounts subject to approval. All Checking Rewards requirements must be met monthly (calendar month) to receive program rewards. Program, rates, rewards, terms and conditions subject to change without notice. Only one rewards checking account per primary member and only one rewards type (High Yield or Cash Back) available on an account at one time.
2Program Rewards. APY=Annual Percentage Yield. If requirements are met each monthly requirement cycle (calendar month): (a) balances up to and including $10,000 receive an APY of 3.00%; and balances over $10,000 earn 0.05% dividend rate on the portion of the balance over $10,000, resulting in a tiered range from 3.00% to 0.05% APY. If requirements are not met, all balances earn 0.05% APY. Accounts are variable rate accounts and rates are subject to change at any time without notice. Fees could reduce earnings. APY is effective as of 10/01/2019. Speak to a Credit Union representative for complete details. Any taxes are the responsibility of the recipient and are reported on a 1099-INT.
3ATM – automated teller machine. Number of ATMs subject to change. Surcharge free ATMs limited to TruWest Credit Union ATMs and designated CO-OP Financial Services’™ Network ATMs. ATM must be in CO-OP network at the time of transaction. Visit co-opfs.org/Shared-Branches-ATMs for further details and locations.
4Monthly requirement cycle is based upon the calendar month (“Cycle Month”). To earn rewards all requirements must be met during the Cycle Month. Members may change their rewards election at any time by contacting TruWest Credit Union. Earned reward will be determined by designated account type as of the last business day of the Cycle Month. Qualifying direct deposit is an electronic deposit of at least $500 aggregate per month in payroll, pension or government benefits (such as Social Security) funds from a member’s employer or the government. At least one qualifying direct deposit must post and settle to your account per Cycle Month. At least 15 qualifying debit card or credit card purchase transactions (or a combination) must post and settle to your account during the Cycle Month. Automated teller machine (“ATM”) transactions do not qualify as a debit/credit purchase transactions; do not count toward Cycle Month requirements; or earn cash back rewards. Cash back reward only awarded on qualifying debit purchase transactions. Qualifying transactions must post and settle to your account during the Cycle Month. They will not qualify if in a pending state. Transactions may take one or more business days from the date the transaction was made to post and settle to an account. Enrollment in electronic statements (“eStatements”) is required. You must be continuously enrolled and receive your monthly account statement electronically. Surcharge free ATMs limited to TruWest Credit Union ATMs and designated CO-OP Financial Services’™ Network ATMs. ATM must be in CO-OP network at the time of transaction. Please contact TruWest for further information. If requirements are met, Dividends or earned cash back will be credited to your rewards account after the close of the Cycle Month. Speak to a credit union representative for complete details. Any taxes are the responsibility of the recipient and are reported on a 1099-INT.