Connexus Credit Union in Wausau, Wisconsin, offers MyRewards Checking, with a slightly below-average annual percentage yield that can be earned on a relatively high balance. Bankrate’s 2014 High-Yield Checking Survey breaks down the returns you can get with each account and the hoops you’ll have to jump through to get them.

Connexus Credit Union

Location: Wausau, WI

Nationally offered? APY APY if conditions not met Monthly debit transactions required Bill pay or automatic withdrawal required? Direct deposit required? Balance cap
Nationally offered? Y APY: 1.35% APY if conditions not met: 0.20% Monthly debit transactions required: 10 Bill pay or automatic withdrawal required? Y* Direct deposit required? Y* Balance cap: $25,000

Notes:

  • MyRewards Checking: Available nationally.
  • One direct deposit or automatic debit is required per month; must sign up for e-statements.
  • No minimum to open.
  • Balance above $25,000 yields 0.25%, if qualifications are met.
  • ATM refund: Up to $25 per month at U.S.-based ATMs, if qualifications are met.

*See notes section for more details.

Bankrate.com canvassed banks, thrifts and credit unions March 10-13 and reports data on 56 high-yield checking accounts offered by 54 institutions.

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