3.56% APY offered for Reward Checking Program of ELGA Credit Union

The ELGA Credit Union in Michigan pushes for their best checking account by giving 3.56% APY for balances through $100000. The Reward Checking special gives 1% APY for the amounts above the set cap.

Like most reward checking programs, this from ELGA refunds as much as $25 on ATM fees on a per cycle basis.

The promo requires the account holder to at least make 10 purchases using the check card, a direct deposit, online banking, opt for electronic statements. All of these are on a monthly basis.

The earning is a bit lower than their previous APYs but is fairly competitive at the current market environment. The cap is set higher too compared to the usual $25K.

An online application for this account is available through Checking Finder.com .

Membership is eligible to residents, employees, volunteers, students, or worshippers within Livingston, Oakland, Shiawasee, Lapeer, Saginaw, and Genesee Counties.

ELGA has offices in Flint, Waterford, Fenton, Lapeer, Flushing, Montrose, Clio, and Burton.

The credit union is covered by the NCUA through Charter # 61797.

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Posted on 15th February 2009 by admin in Reward Checking Accounts

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