First Rewards Checking

You work hard, let your money work for you. Put your money to work by pairing the simplicity of a checking account with the earnings of an investment account. Earn 4.25% APY¹ with no fees when qualifications are met.

• No Minimum Balance Required
• Overdraft Options²
• .20% APR³ rate discount on Auto and Personal loans

¹The APY (Annual Percentage Yield) for balances up to $10,000 will be 4.25% APY when the qualifications for the First Rewards Checking are met and .15% APY for balances over $10,000. Dividend rates and APY valid as of January 1, 2024 and are subject to change monthly without notice The calculation method used for calculating the APY is “Method B”. Method B blends the below cap interest rate with the above cap interest rate when determining your actual APY. As a result, your actual rate will vary, depending on the balance in the account and will be in the range of 4.25% APY - 0.15% APY. Qualifications that must be met to earn the higher yield include having 12 debit card purchases post and clear each month, receive direct deposit of at least $500, and receive eStatements. In any month where all qualifications are not met, a monthly fee of $4.95 will be assessed and will earn .15% APY. Members will automatically qualify for the Rewards for the first month their account is open and will not incur the monthly fee of $4.95 in the first month. Dividend rates and APY are subject to change monthly without notice at the discretion of the Board of Directors. Withdrawals, penalties and fees could reduce earnings. Dividends are paid at the end of the period from current income and available earnings after required transfers to reserves. The above rates were paid for their respective dividend period. These rates are not guaranteed for the current dividend period. All accounts must remain open through the end of the dividend period to be paid the accrued dividends. Qualification period begins the first day of each month and ends at the cut-off time of 10pm CST on the last business day of each month. Credit Union closed on Sundays and Holidays

²Overdraft Options are available at account opening for most consumer checking accounts being maintained in good standing and the member is 18 or older. Standard Overdraft Practices automatically come with most checking accounts. To have debit and ATM transactions covered, you must Opt-In to Enhanced ODP. Overdraft Transfers and Overdraft Boost are options. Thereafter, account must remain active and you must maintain your account in good standing. Nominal fees on a tiered structure of $10 for the first overdraft, $28 for the second through fourth transactions and $35 for the fifth transaction and beyond in a 12-month rolling period may apply for the service selected. Overdrafts must be covered to bring the account to a positive status within 30 days to avoid further action being taken. Payment by First Community is a discretionary courtesy and not a right of the account holder or an obligation of First Community Credit Union. First Community reserves the right to decline to pay any transaction if a loss has occurred to First Community.

³APR = Annual Percentage Rate.