Cooperative Center Federal Credit Union is offering a high yield checking account that gains 3.01% APY for deposits of $25,000 and the rest of the funds above the $25K line earns 0.31% APY. You can enjoy these best interest rates as long as you meet the requirements of the reward checking account. You do not have to worry in case you do not meet the requirements for the cycle since you will still get 0.10% APY.

The account holder must meet the following requirements of this best reward checking account:

• using the debit card 12 times to make purchases at point of sale
• Make a direct deposit, set up automatic payments, or use the online bills payment system
• Use online banking
• Subscribe to electronic bank statements

Another perk of this checking account is that you will get unlimited refunds for incurred atm surcharges. The account holder does not have to worry about maintaining a monthly minimum balance nor shoulder monthly service fees.

Cooperative Center Federal Credit Union accepts membership applications from students of University of California in Berkeley or if you belong to Berkeley Chamber of Commerce you may also be eligible. If you want an easy way in you can sign up with South Berkely Neighborhood Development Corporation.

Once you are a member you can open this checking account by completing an online application form available on the promo page. If you have questions with regard to opening this checking account you may call the credit union thru (510) 845-6428 or you may also visit them at their main office located at 2001 Ashby Avenue, Berkeley, CA 94703.

Cooperative Center Federal Credit Union is covered by NCUA under charter number 4900.