Explore Bankrate's 2015 High-Yield Checking Survey: MidWest America Federal Credit Union
MidWest America Federal Credit Union of Fort Wayne, Indiana, earns a slightly worse-than-average annual percentage yield on its Reward Checking account, with a $10,000 balance cap. Bankrate's 2015 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.
MidWest America Federal Credit Union
Location: Fort Wayne, IN
|Default APY %||0.03|
|Monthly debit transactions required||10|
|Bill pay or automatic withdrawal required?||Y*|
|Direct deposit required?||Y*|
|APY % above cap||0.21|
Reward Checking: Available to anyone who lives within 100 miles of a branch in Indiana, Illinois or Kentucky. (A $25 donation to ASPCA may be required.) Either 1 direct deposit or automatic payment per month and e-statements required. ATM fees reimbursed up to $25 per month. Balance above $15,000 yields 0.21%.
*See notes section for more details.
Bankrate.com canvassed banks, thrifts and credit unions from March 16 to March 25 and has displayed data on 56 high-yield checking accounts.