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2013 high-yield checking: First New England FCU

Checking » High-Yield Checking » Credit Unions » First New England FCU

First New England Federal Credit Union in East Hartford, Conn., offers Rewards Checking, with a slightly below-average annual percentage yield. It also requires account holders to make 12 monthly debit transactions. Bankrate's 2013 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.

City: East Hartford, Conn.

First New England FCU

Nationally
offered?
APYAPY if
conditions
not met
Monthly
debit
transactions
required
Bill pay or automatic withdrawal required?Direct
deposit
required?
Balance
cap
Y1.25%*0.05%12Y*Y*$15,000
Notes: Rewards Checking: Available nationally. One direct deposit or automatic debit required per month. Credit union members with a loan relationship can get a 2.25 percent annual percentage yield.

*See notes section for more details. Note: E-statements required on all accounts.

Bankrate.com canvassed accounts at banks, thrifts and credit unions from April 1-5, 2013, and has displayed data on 56 high-yield checking accounts offered by 54 institutions.

 

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