High-Yield Checking

Yes, you can change your checking account to the High-Yield Checking account. Your cards and account numbers will remain the same.

To earn the higher dividend rate, members must meet the following requirements:

• Must be enrolled in eDocuments
• Must have ACH direct deposit(s) totaling over $300 in the 34 calendar days preceding the last day of the month
• Must have 15 net PIN or signature point-of-sale debit card transactions over $5 in the 34 calendar days preceding the last business day of the month. The net is calculated by counting the number of PIN and signature point-of-sale debit purchase transactions over $5 and subtracting any PIN or signature point-of-sale debit return transactions processed during that period.

High-Yield Checking accounts are not eligible for Wings Members Rewards. If you currently have a First Class Checking account and want to change it to a High-Yield Checking account, you need to use your points before making the change.

This applies to members who use rewards for the debit card only. Reward points will not be affected if you also have a Wings Member Rewards Visa credit card.

Dividends are paid monthly.

Dividends are calculated based on the average daily balance in the account. If requirements are met, a higher rate will be paid for the first $25,000 and a lower rate will be paid for any amounts over $25,000.

The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.