First Tech Federal Credit Union in Mountain View, California, offers Dividend Rewards Checking, with a midrange annual percentage yield and a relatively low account balance to earn it. Bankrate’s 2016 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.

First Tech Federal Credit Union
Notes: Dividend Rewards Checking: Available nationally. *Either 1 direct deposit or automatic withdrawal is required per month. Balance above $10,000 yields 0.16%, if requirements are met. ATM refund: Unlimited, if requirements are met.
Location Mountain View, CA
Is it offered nationwide? Yes
APY % 1.58%
Default APY 0.05%
Number of monthly debit transactions required 12
Is bill pay or automatic withdrawal required? Yes*
Direct deposit required? Yes*
E-statements required? Yes
Balance cap $10,000
APY above cap 0.16%

*See notes section for more details.

Bankrate.com canvassed banks, thrifts and credit unions Feb. 16-22, 2016, and displays data on 56 high-yield checking accounts.

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