Most Valuable Checking with Cash Back


Summary

Get 2% cash back on debit card purchases* (up to $200 per monthly qualification cycle)

  • ATM fee refunds nationwide**** (up to $50 per monthly qualification cycle)
  • Link your Most Valuable Checking-with Cash Back account to your Most Valuable Savings account to help your rewards grow automatically
  • No minimum balance to earn rewards or maintain account
  • No monthly service fees
  • Free Visa debit card
  • Free online banking
  • Bill Pay Available
  • Free e-Statements
  • $50 minimum deposit to open

Qualifiers

  • Be enrolled & receive e-statement notice
  • Have at least 10 debit card purchases** post to and settle to your Most Valuable Checking account per monthly qualification cycle***
  • Have at least one direct deposit or automatic debit (ACH) transaction post to and settle to your Most Valuable Checking with Cash Back account each monthly qualification cycle. In the event that a direct deposit transaction does not post to and settle to your account in each monthly qualification cycle, we reserve the right to close your Most Valuable account(s).

No Penalties

Even if you don't qualify during a given cycle, you can try again next cycle to earn rewards.


Bill Pay is free if used for a minimum of 1 payment per month; otherwise, $5.95 per month.


*Minimum to open account is $50. When the monthly qualifications are met, you will receive 2% cash back on debit card purchases that post to and settle to your account during the Monthly Qualification Cycle up to $200 in total debit card purchases during each Monthly Qualification Cycle with a maximum total cash back of $4 per Monthly Qualification Cycle. The cash back rewards will be credited to your account on the last banking day of your Statement Cycle. Limit one account per Tax ID number. May be reported on IRS Form 1099.

Qualifying transactions MUST post to and settle to your account during the Monthly Qualification Cycle in order to receive ATM fee reimbursement. Transactions may take one or more banking days from the date the transaction was made to post to and settle to an account.


**Debit card transactions processed by merchants and received by the bank as ATM transactions do not count towards qualifying debit card transactions. Only debit card transactions processed by merchants and received by the bank as POS transactions count towards qualifying debit card transactions. ATM transactions and intrabank transfers do not count as qualifying debit card transactions for this account.


***"Monthly Qualification Cycle" means a period beginning one banking day prior to the first day of the current statement cycle through one banking day prior to the close of the current Statement Cycle.


****ATM Surcharge Fee Reimbursement (checking account only): If you have met your qualifications during the Monthly Qualification Cycle, we will reimburse you for domestic ATM fees imposed during the Monthly Qualification Cycle by our institution and other U.S. Financial Institutions up to $50.00 per month. Monthly ATM fee reimbursements will be credited to your account on the last day of the Statement Cycle. If the monthly qualifications are not met, no ATM surcharge fees will be reimbursed for that monthly qualification cycle.


ATM fees of $4.99 or less will be reimbursed up to a maximum of $4.99 per individual transaction. ATM fees of $5.00 and higher will be reimbursed if the appropriate ATM receipt is presented to a representative at one of our branches. If you believe that you have not been reimbursed the correct amount, please contact us. We must hear from you no later than 30 days after the Monthly Qualification Cycle where the reimbursement was applicable.


Most Valuable Savings
  • Earns 1.00% APY* on entire Most Valuable Savings balance
  • Earns 0.05% APY* on Most Valuable Savings balance if qualifications are not met
  • No monthly service fee
  • No minimum balance to earn rewards or maintain free account
  • Linked to Most Valuable Checking account
  • ATM fee refunds nationwide** (up to $50 per statement cycle)
  • These earnings automatically deposited into your Most Valuable Savings account
  • Free online banking
  • Free e-Statements
  • $50 minimum deposit to open

*Annual Percentage Yield (APY) accurate as of 1/1/2013. Minimum to open Most Valuable Checking account is $50 and $50 for Most Valuable Savings. Most Valuable Checking rate tiers are as follows: 2.00% APY applies to balances of $0.01-$15,000 and 0.50% APY applies to balances over $15,000, if qualifications are met during the monthly qualifications cycle. 0.05% APY applies to all balances if monthly qualifications are not met. All balances will earn 0.50% APY to 2.00% APY as long as monthly qualifications are met. The advertised Most Valuable Checking APY is based on compounding interest. The interest earned in Most Valuable Checking is automatically transferred to Most Valuable Savings each statement cycle and does not compound. The actual interest paid may be less than the advertised APY. Most Valuable Savings APYs may be less than Most Valuable Checking APYs. Most Valuable Savings rate tiers are as follows: 1.00% APY on entire balance if qualifications are met during monthly qualification cycle on Most Valuable Checking. 0.05% APY applies to all balances if qualifications are not met on Most Valuable Checking. Qualifying transactions must post and settle Most Valuable Checking during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post and settle to an account from the date the transaction is made. Intra-bank transfers do not count as qualifying ACH transactions. Rates may change after account is opened. Fees may reduce earnings. Not available as a stand-alone product, must be opened in conjunction with a Most Valuable Checking account.


**ATM Fee refunds (Most Valuable Checking accounts only) up to $50 provided only if qualifications are met within monthly qualification cycle. Qualification cycle is a period beginning one business day prior to the first day of the current statement cycle through one business day prior to the close of the current statement cycle.