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Dept of Commerce FCU’s Performance Checking Earns 2.73% Up To $20k

Dept of Commerce FCU’s Performance Checking Earns 2.73% Up To $20k
November 08
07:52 2017
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Deal Summary: Performance Checking, 2.73% APY on qualifying balances up to $20k.
Availability: Individuals UN agency live, work, attend faculty, or worship within the District of Columbia; workers of the Department of Commerce or government agency.
Department of Commerce Federal Credit Union’s (DOCFCU) new rewards bank account, Performance Checking, earns 2.73% APY on qualifying balances up to $20k. Qualifying balances over $20k and non-qualifying balances don’t earn any interest.

Qualifying necessities

Have a minimum of twelve positive identification purchases totaling a minimum of $100
Receive eStatements
Have a minimum of one direct deposit
Login to mobile/online banking a minimum of once a month
The Performance bank account has no monthly service charge, no minimum balance demand, and no minimum gap deposit demand. At now, non-DOCFCU ATM fees aren’t reimbursable, however CSR explicit which may modification within the future.

Availability
Headquartered in Washington, D.C., Department Of Commerce Federal Credit Union’s field of membership (FOM) is primarily residency based mostly, with people UN agency live, work, attend faculty, or worship within the District of Columbia eligible to affix.

Employees of the U.S. Department of Commerce or government agency conjointly qualify for membership.

Family members of current DOCFCU members are welcome to use.

Joining DOCFCU associate degreed/or gap an Performance bank account are often done online, or at either of the two District of Columbia branches or the single Maryland branch in Silver Spring.

Credit Union summary
Department of Commerce Federal Credit Union has associate degree overall health grade of “A” at DepositAccounts.com, with a Texas quantitative relation of two.04% (excellent) supported June thirty, 2017 data. within the past year, DOCFCU has enhanced its total non-brokered deposits by $10.06 million, associate degree on top of average annual rate of two.79%. Please visit our financial summary of Department of Commerce Federal Credit Union (NCUA Charter # 16410) for a lot of details.

Department Of Commerce Federal banking company was established in 1932 for the advantage of the workers of the Department of Commerce. In 2005, DOCFCU dilated its FOM to “adopt” town of Washington, D.C., giving its over 571,000 residents the chance to affix. any enlargement occurred in 2015 once the White House Federal banking company integrated with DOCFCU. presently the District’s third largest banking company, DOCFCU has over twenty,000 members and assets in more than $439 million.

How the Performance Checking Compares
When compared to the High Yield Reward Checking Accounts tracked by DepositAccounts.com that area unit out there inside the FOM and have most qualifying balances of a minimum of $20k, Department of Commerce Federal Credit Union’s Performance Checking APY presently ranks second.

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