Sound Credit Union

Personal Accounts
Online: Business Accounts
Banking Log On How to Reach Us
Online Banking - More Info Loans: Apply Now
High-Yield Checking

Home / Checking / High-Yield Checking

Printable

Printable

Font:

  Small   Medium   Large   X-Large  
High-Yield Checking

High-Yield checking accounts are best if you want to receive higher rates on your large deposit balance.

Benefits

With a Sound High-Yield checking account, you get:

  • Earn a high yield on your deposit
  • FREE checks for life1
  • One FREE overdraft every year2
  • FREE Visa Debit card with optional Debit Awards3
  • FREE Online Banking & BillPayer
  • FREE eStatements
  • FREE eAlerts
  • Plus, receive $100 cash4
    Just open an new checking account with a monthly direct deposit of $250 or more and receive a $100 cash bonus.
     

    Minimum Balances, Fees, and Rates
    Minimum Opening Balance$50
    Monthly Minimum Balance$10,000
    Monthly Service Charge$10  (if balance falls below $10,000)
    Per-check Fee$0

    Dividend Rate

    APY*

    Minimum Balance to Open

    Minimum Balance To Earn APY*

    High-Yield Checking

         $0 - $9,999

     

    0.100

    0.10

    $50

    -

         $10,000-$24,999

     

    0.150

    0.15

    $50

    $10,000

         $25,000-$49,999

     

    0.200

    0.20

    $50

    $25,000

         $50,000+

     

    0.250

    0.25

    $50

    $50,000

        If balance falls below $10,000 a $10 fee will be applied.
    *APY = Annual Percentage Yield

    NOTE: All Savings accounts which have DIVIDENDS COMPOUNDED AND CREDITED are paid monthly.

    Truth In Savings Disclosures

    How to Open Your Account

     Call our Contact Center
     Visit a local branch

    1Applies to Sound Credit Union image checks only. Other custom check styles are available for an additional cost. Limit one box of free Sound image checks per order, per checking account.
    2Upon request, every checking account is eligible for one overdraft fee reversal per calendar year. Calendar year example: January 1, 2012 to December 31, 2012.
    3 Upon request, your Sound checking account will be enrolled to receive free Debit Awards. Must meet qualifying criteria to participate. A one-time sign up will enroll every valid Sound Visa debit card connected to the membership account. All points accumulate under one membership account and accumulation begins 5-7 days after enrollment. You can monitor and redeem Awards points beginning on the first business day of the month following enrollment. Debit Awards will be automatically removed if there is no Visa debit card activity for more than six (6) months. Offer is subject to change without notice.
    4A new recurring payroll direct deposit (minimum $250 monthly) to a new primary consumer checking account is required. The $100 bonus is available for new primary consumer checking accounts only and will be paid on the first business day of the month following your third direct deposit. Members who currently have a Sound or Watermark checking account, or have had a Sound or Watermark checking account within the last 12 months are not eligible for bonus. Recurring $250 direct deposit must be established within 90 days of account opening to qualify for $100 bonus. One bonus paid per member. Must meet qualifying criteria to open checking account. A $25 savings account is required per membership. The $100 bonus will be reported from Form 1099-INT. The $100 bonus cannot be used to open a checking account. Limited time offer, eligibility and bonus are subject to change at any time.

    Sound Credit Union :: Checking :: High-Yield Checking