NGAGE Checking Accounts have great benefits!
- Earn 2.5% APY* on balances up to $15,000
- Balances over $15,000 earn 0.50% APY*
- ATM fee refunds
- No Minimum Balance
- No monthly service fees when you sign up for eDocuments
- Earn 0.05% APY* in months you don't qualify
Simple monthly activities to qualify!
- Make 12 or more debit card purchases that post and settle during the qualification cycle
- Have 1 or more ACH electronic deposits or payments during the cycle
- Have a valid email address on file
- Enroll in eDocuments
If you don't qualify one month, your account will still earn the base dividend rate and you will not incur a penalty. You can still earn a higher rate & refunds on ATM fees the next month you qualify.
* NGAGE Checking Account: APY = Annual Percentage Yield. Enrollment in electronic documents (eStatements/eDocuments) is required to open and maintain an NGAGE Account. NGAGE Accounts do not have a monthly account maintenance charge. In the event a member does not have an eDocument election, FSCU reserves the right to convert the NGAGE Checking account to a Freedom Checking account which may carry a recurring $3.00 per month account maintenance fee. The credit union also reserves the right to convert any NGAGE Saving account to a Master Share Account (regular saving account).
REWARDS for NGAGE Checking accounts: Monthly Qualification Cycle means a period beginning one (1) day prior to the first day of the current statement cycle through one (1) day prior to the close of the current statement cycle. When NGAGE Checking Account qualifications are met during a monthly qualification cycle, (1) Balances up to $15,000 receive a 2.50% APY; balances $15,000.01 and over earn 0.50% APY interest rate on the portion of balance over $15,000, resulting in a range from 2.5% APY to 0.76% APY depending on the account's balance. When qualifications are not met, NGAGE Checking account balances earn 0.05% APY. NGAGE Checking and NGAGE Saving Account dividends will be posted on the last day of the statement cycle. ATM fee reimbursement is provided only if qualifications are met within the qualification cycle and posted the last day of the statement cycle. An ATM withdrawal receipt is required for reimbursement of an individual ATM fee of $5 or higher. APYs accurate as of 02/28/2019. Account approval, conditions, limits, qualifications, time frames, enrollments, log-ons and other requirements may apply. QUALIFICATIONS: Include 12 (twelve) debit card transactions, 1 (one) ACH (electronic deposit or payment) post and settle to the checking account during each qualification cycle, and enroll to receive eDocument notices with a valid email address. Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle to qualify for the NGAGE rewards. The following activities do not apply toward earning account rewards: No ATM-processed transactions, no transfers between accounts, no debit card purchases processed by merchants as ATM or Bill Pay transactions and no purchases made with non-Family Savings issued debit cards. Limit 1 (one) account per social security number. A $25 minimum deposit is required to open the NGAGE Checking Account.
** To qualify for rewards you must: Have at least 12 debit card purchases post and settle, 1 ACH electronic deposit or payment, AND be enrolled in FSCU’s eDocument Service with a valid email address.
