2014 high-yield checking: Provident Credit Union
California-based Provident Credit Union offers 1.76 percent annual percentage yield on its Super Reward Checking but zero percent if balance qualifications aren't met. 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.
Provident Credit Union
Location: Redwood City, CA
|Nationally offered? N||APY: 1.76%||APY if conditions not met: 0%||Monthly debit transactions required: 10||Bill pay or automatic withdrawal required? Y*||Direct deposit required? Y*||Balance cap: $25,000|
- Super Rewards Checking: Available only to credit union area or to participating companies and union groups.
- Either one direct deposit or automatic credit/payment is required per month. E-statements required.
- ATM fees reimbursed up to $2.50 per transaction.
- Balance above $25,000 yields 0.11%.
*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.