High Yield Checking
4.75% APY1
Watch your deposits grow with CU1 High Yield Checking.
No fees, no minimum balances and get paid up to two days early!²
Get Paid Sooner
Members with direct deposit at CU1 Checking account get paid up to two days sooner with CU1 Early Pay,2 no special steps required.
Bank Nationwide
Bank anywhere without fees thanks to 90,000 CO-OP ATMs and 5,000 shared branch locations across the country.
eStatements
View statements & other electronic documents within Digital Banking.
Open an Account in Minutes
Online
A simple, self-service option to open your High Yield Checking account quickly, at your own convenience.
In Person
Our CU1 team members would be happy to assist you with account opening and more at the branch closest to you.
Over the Phone
Our Member Solutions Specialists are available by phone Monday through Friday, 9:00am - 6:00pm CST, and Saturday 9:00am - 1:00 pm CST.
Frequently Asked Questions
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Credit Union 1’s High Yield Checking account gives you easy accessibility to your money for everyday transactions, with the added opportunity to earn dividends simply by using your account. By meeting monthly requirements, you can earn a higher dividend rate on checking account balances up to $10,000. Balances over $10,000 will earn 0.01% APY.1
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The High Yield Checking account does not have an opening or minimum balance requirement. However, balances up to $10,000 can earn a higher dividend rate when monthly requirements are met. Balances over $10,000 will earn 0.01% APY.1
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To earn the higher dividend rate in High Yield Checking on balances up to $10,000 you must (1) be enrolled in digital banking, and (2) be enrolled in eStatements, and (3) post and clear 15 qualifying CU1 debit card or bill pay transactions per month, and (4) deposit a minimum of $1,000 to the high yield checking per month.
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A qualifying transaction includes CU1 debit card purchases (online or in person) and CU1 bill payments.
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Yes, ATM transactions are excluded from the transaction requirement.
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To qualify for the higher dividend rate, there must be a minimum of $1,000 deposited into your High Yield Checking each month. It can be direct deposit, cash, check, external transfer, mobile deposit, or ACH.
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There is not a minimum balance requirement.
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If you don’t meet the qualifications for the month, your High Yield Checking account will earn 0.01% APY. You will be eligible to earn the higher dividend rate if you meet the qualifications the following month.
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Yes, on balances up to $10,000 you will earn the higher dividend rate, and you will earn 0.01% APY on balances over $10,000.