eChecking WOW Account
This account is for members who want to bank mostly electronically and pays a high rate of interest. It requires $50 to open the account and pays a higher interest rate (currently 1.5% APY) if you maintain a minimum average daily balance of $200 up to $10,000. To earn this rate you must make a direct deposit per month, have electronic statements and conduct 5 POS transactions monthly.
Simple Checking Account
For members who want a basic checking account, the Simple Checking offers a $50 minimum to open and check writing. The account has no monthly service charges if you have electronic statements. (You may elect having paper statements for $3.00 per month.)
Savvy Seniors WOW Checking Account
With no minimum balance requirement or monthly service charge, this account is perfect for members 55 and over. It provides all of the features of our e-Checking WOW account and includes 5 free money orders a month. This account is for members who want to bank mostly electronically and pays a high rate of interest. It requires $50 to open the account and pays a higher interest rate (currently 1.5% APY) if you maintain a minimum average daily balance of $200 up to $10,000. To earn this rate you must make a deposit of at least $200 per month and have electronic statements monthly.
Money Market Checking Accounts
This account offers check writing and debit card privileges and pays higher rates as your balance grows.
Micro Biz WOW Checking Account
This account is for businesses using a personal Tax Identification Number (TIN) or social security number. It requires $100 to open the account and pays a higher interest rate (currently 1% APY) if you maintain a minimum average daily balance of $500 up to $20,000. To earn this rate you must make a deposit of at least $200 per month, have electronic statements and conduct 20 POS transactions monthly.
Non-Profit WOW Checking Account
This account is for non-profit businesses who qualify under the tax code using a TIN. It requires $50 to open the account and pays a higher interest rate (currently 1% APY through 12/31/2017) if you maintain a minimum average daily balance of $500 up to $20,000. To earn this rate you must make a deposit of at least $200 per month, have electronic statements and conduct 20 POS transactions monthly.
* APY stands for “Annual Percentage Yield”. APY/Rates are subject to change without notice. Your rate may increase if you do not elect an automated payment and/or based on your credit. Other restrictions and fees may apply.
