Florida Central Credit Union Ultimate Checking Account

February 03, 2012

By Michele Lerner | Money Rates Columnist

Account Type: Checking Account

Special Type: Rate

Florida residents who are searching for a checking account with the highest interest rate can earn up to 4.25 percent APY with the Florida Central Credit Union Ultimate Checking Account. Customers who meet only some of the criteria can still earn 2.75 percent APY. The catch? You must be a member of the Federal Central Credit Union, which you can join if your employer is a member or if you live or work in one of 10 central Florida counties.

What you get:

  • 4.25 percent APY on balances up to $15,000
  • No monthly maintenance fee
  • No minimum balance requirement
  • 2.75 percent APY on balances up to $15,000 if you meet the first three qualifications

What they require:

  • 12 debit card purchases per month
  • 1 automatic payment or direct deposit per month
  • Paperless eStatements
  • Loan balance of $5,000 or more other than credit card or secondary market mortgages
  • Minimum deposit of $25
  • Must be member of Florida Central Credit Union
  • Must be 18 or older
  • Must be U.S. citizen or resident alien

Florida Central Credit Union, headquartered in Tampa, was chartered in 1954. It has been NCUA insured since 1991.

Florida Central Credit Union Ultimate Checking Account

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