Checking

Powerplus™ Checking

¹ The promotional rate will be applied to new memberships opened between 7/1/2024 and 1/31/2025. Business accounts are excluded. Account owners must be at least 18 years old to qualify. The introductory period begins the month the membership is opened and ends the last calendar date of the 4th month from the open date. During the introductory period, Level 1 will earn 4.00% APY and Level 2 will earn 8.00% APY on balances up to $15,000. After the introductory period, balances up to $15,000 will earn the stated higher rate and the portion of the balance over $15,000 will earn the stated lower rate. The member account must meet all requirements to achieve either Level 1 or Level 2 for all three months to be eligible to receive the respective higher APY. To earn monthly dividends and reimbursements of other banks’ ATM surcharge fees up to $20.00 per month, your account must meet all three of the requirements to qualify for Level 1 or Level 2. Please note, Level 1 ATM surcharge fees are covered up to $10.00 per month and Level 2 ATM surcharge fees are covered up to $20.00 per month.

To achieve Level 1, you must have monthly direct deposits totaling at least $1,000 into your PowerPlus checking account on an ongoing monthly basis, enrollment in eStatements and completion of at least fifteen (15) qualified transactions.

To achieve Level 2, you must have direct deposits totaling at least $3,000 into your PowerPlus Checking account on an ongoing monthly basis, enrollment in eStatements and completion of at least thirty (30) qualified transactions. Qualified transactions include any combination of the following: BCU Debit Card Pin, Debit Card signature, credit card purchases, Online Bill Pay or ACH payments, which will apply toward the monthly requirements in the month they post to your account. Credit card transactions that post on the last day of the month will be applied toward the following month’s transaction total. Accounts not meeting all monthly requirements will not earn dividends and will not receive reimbursements of other banks’ ATM surcharge fees. See rate sheet or BCU.org/Legal/Rates for current rates. Rates are accurate as of 2/1/2025. The dividend rate and annual percentage yield (APY) may change at any time. Balances up to $15,000 will earn the stated higher rate and the portion of the balance over $15,000 will earn the stated lower rate. See rate sheet or website for current rates. There is no minimum balance required to earn dividends. Dividends are paid monthly and calculated based on the average daily balance method. Fees may reduce earnings.

PowerPlus Checking is available as a personal account only and is limited to one account per member. When Opted In, if you do not have sufficient available funds in your checking account to clear a presented item, funds may automatically transfer from your savings or money market share and may count towards withdrawal limitations for that savings or money market share (Electronic funds transfers from savings and money market shares, which include overdraft transfers are limited to six per month). Each electronic funds transfer in excess of six per month is subject to a $3 excessive withdrawal fee. See Service Charge and Fee Schedule in Consumer Member Service Agreement for further details. PowerPlus™ Checking is a trademark of BCU.

³ U.S. checking or savings account required to use Zelle. Transactions between enrolled users typically occur in minutes and generally do not incur transaction fees.