Foothill Credit Union operating in California has an attractive local money in the bank deal through their MyChoice Checking. The checking account has the following interest rates:

* 3.00% APY for balances through $25,000
* No earnings if monthly qualifications are not met
* ATM surcharges of up to $20 can be refunded every cycle

We cannot find the interest rate given to portions of the deposit going beyond the $25K for this reward checking account. The full benefits of the best checking account can be enjoyed if you meet the monthly requirements: use the MasterCard Debit Card to make at least 10 purchases, make an electronic deposit or withdrawal, and opt for electronic statements.

The bank does not collect monthly service fees and they do not have any minimum balance requirements. Your ATM withdrawal has a daily cap of $300.

Membership to the Foothill Federal Credit Union is basically based on a select employer list in San Gabriel Valley. You can check out the details of membership on the credit union’s website. There is a one time membership fee of $5 and a minimum required deposit of $50.

Foothill FCU has offices in Glendora, El Monte, Covina, and Arcadia, California.

The credit union received 4 stars from BauerFinancial and Bankrate.com for soundness and safety. These were based on their June and September 2009 data.

The credit union is insured with the NCUA under charter number 12425.