High Yield Checking Interest Rates
U.S. First Credit Union has high interest checking account rates at 4.50% APY. This rate only applies to checking account balances of $10,000 or less. All money in the account over $10000 earns NO INTEREST. There is a minimum opening deposit of $25 and a monthly service fee of $10.
The most interest earned on any given month with this 4.5% annual percentage rate is about $37.50. Subtract the ten dollar monthly service fee and there remains $27.50 in interest earned per month. The minimum to keep in this checking account is about $2666 to break even with the monthly service charge.
US First Credit Union is NCUA insured for up to $250,000 per account holder for a total of up to $500,000 per bank.