At Arbor Financial Credit Union, we believe in offering the best possible rates with the greatest features and perks. Check out our most current APY rates and terms by referring to the chart below.

 
Included Mastercard Features Volt Account (13-18) Volt Account (19-24) Free Momentum Checking Premier Checking Free Checking
Online Banking checked box checked box checked box checked box checked box
ATM Access checked box checked box checked box checked box checked box
No Monthly Service Fees checked box       checked box
Zero Minimum Balance   checked box     checked box
Great For Kids & Teens checked box checked box      
Overdraft Protection Options   checked box checked box checked box checked box
Rates 3.00% (up to $1,000) 3.00% (up to $1,000) 1.00%-3.00% 0.05%-0.20% N/A
  OPEN ACCOUNT OPEN ACCOUNT OPEN ACCOUNT OPEN ACCOUNT OPEN ACCOUNT
 

How Checking Account Rates Are Determined

A checking account dividend rate represents your share in our financial institution as a qualified member. For purchasing “stock” in Arbor Financial Credit Union in the form of an account, you are rewarded with high-volume dividends that apply to funds deposited in our official checking accounts.

Dividend and interest rates are sometimes variable by the market, as well as through internal factors. It is important to note that some qualifications must be met to continue receiving the best rate, such as maintaining a minimum balance or making a certain number of transactions per month.

How Arbor Financial’s Checking Rates Compare

Curious to know how Arbor Financial Credit Union compares to the rest of the banking world? Consider the following about credit union rates vs. traditional bank dividends:

  • Not-for-profit: Credit unions like Arbor Financial do not reap a profit from daily operations, unlike other banks. Instead, profit money can return to our members in the form of dividends, interest rates, and community scholarships.
  • Member-based: At Arbor Financial, checking account holders are qualified members of our establishment, and therefore entitled to much higher dividends. Most other banking institutions do not do this.
  • High deposit rates: Thanks to our profit return system, members get higher rates of deposit on every account opened. Traditional banking institutions are unable to offer this service to their customers.

Checking Account Rates FAQ

Q: What is the minimum balance on your Premier Checking Account?

A: The Premier Checking Account requires a minimum balance of $2,500 to incur interest and avoid a $25 monthly surcharge.

Q: How do I get up to 3.00% APY* using your Free Momentum Checking Account?

A: With our Free Momentum Checking Account, savings are just a swipe away! Simply follow these three guidelines:

  • Make $500 in direct deposits each month
  • Enroll in Arbor Financial’s eStatements
  • Earn more on balances up to $15,000
    1. 10-19 monthly debit purchases earn 0.75% returns
    2. 20-29 monthly debit purchases earn 1.50% APY*
    3. 30+ monthly debit purchases earn 3.00% APY*

Q: What’s the best way to have the highest possible rates on my checking account?

A: The more money you keep in your checking account, the more APY* you’ll receive! Get up to 3.00% APY* in your Free Momentum Checking Account with balances up to $15,000; or 0.20% from Premier Checking Accounts with balances at $100,000+.

Access Competitive Checking Account Rates Now!

Like a sturdy tree, it takes time, attention, and care to grow your funds and increase your monthly dividends. The best time to plant your “savings tree” was yesterday, but the second-best time will always be right now.

Get the best rates and highest leverage on your checking funds when you set up an account with Arbor Financial Credit Union today. 

 

LEARN MORE ABOUT CHECKING ACCOUNTS

 

*Annual Percentage Yield (APY). The rate of 4.00% APY applies to balances up to $1,000 on Volt Savings accounts. Balances above $1,000 will receive the regular savings rate. Terms and conditions subject to change without notice. Account approval may be based on factors such as a qualified parent, teen’s age, and verification of income.

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