Reward Checking
Earn up to 2.94% APY* each month with no fee and no minimum balance!*
If you’re ready for your financial institution to show you some love, you’re ready for a Rewards Checking account! It’s a free account that can put cash back in your pocket. Earn great dividend rates on every dollar you deposit, up to $20,000, and enjoy unlimited ATM fee refunds by simply*:
- Maintaining one monthly Direct Deposit (any ACH credit qualifies)
- Making 15 Debit Card transactions per month **
- Accessing your Online Banking - monthly
- Signing up to receive eStatements
- Providing a valid email address
Reward Checking interest and rewards:
- 2.94% APY* on the first $20,000
- .20% APY* on funds over $20,000
- .05% APY* if requirements not met
- Unlimited ATM fee refunds*
Reward Checking features include:
- $25.00 Minimum Deposit to Open
- No Minimum Balance
- No Monthly Service Fee
- No Per Check Fee
- Free Debit Card
- Free Electronic Bill Pay & Unlimited Bill Payment
- Free Check Copies with Online Banking
- Access Audio Response by dialing (844) 874-7981
- Direct Deposit & Payroll Deduction
- Overdraft Protection Available
- Funds federally insured to an aggregate of $250,000 by the NCUA
- Online Check Reordering
*APY = Annual Percentage Yield and is accurate as of publication date. Minimum opening deposit to earn rewards $25.00. Fees may reduce earnings Reward Checking program fees, rates and features are subject to change without notice. Members meeting all of Rewards program criteria receive a refund of all foreign ATM fees.
**The 15 transactions must be posted before month-end and you must select “credit” at checkout to qualify.
For additional details about Reward Checking, email, visit a branch, or call a Labor CU Financial Wellness Advisor at (202) 789-2901.
How to Open a New Account
To open a new Labor CU account, apply online, email, visit a branch, text,* or call a Labor CU Member Services Representative at (202) 789-2901.
* Message and data rates may apply.