Rewards Checking Earn 1.50% APY on balances up to $20,000*
Let us give you something to celebrate with a CommonWealth Rewards Checking account! Our Rewards Checking account offers a simple way to earn more just by doing the things you already do every day. You can earn 1.50% APY on balances up to $20,000!*
All you have to do to earn these dividends is:
Make at least 15 transactions with your debit and/or Visa credit card each month
Have monthly direct deposit or ACH deposits totaling at least $300
Receive eStatements1
It’s that simple! If you don’t meet all three requirements in any given month, you won't receive any dividends for the month, but you still have a chance to earn them again next month. The rewards will pick right back up for you when you meet all the requirements again! Plus, there is no minimum balance required to earn dividends and you will save money with no monthly fees1.
*APY=Annual Percentage Yield. Rate is variable and subject to change at any time. To qualify for the Rewards Checking APY, you must meet the following requirements by the end of each month: be enrolled in eStatements, have direct deposit or ACH deposit transactions totaling $300 or more per month, and have at least 15 debit and/or credit card transactions per month. All qualifying transactions must post to the account and the funds must be available by 3:00pm on the last day of each month. Note: Debit and credit card purchases can take up to 3 days to post and are dependent upon merchant processing times. If you do not meet the Rewards Checking account requirements, you will not receive the APY. Rewards Checking APY is up to a max balance of $20,000 and thereafter standard rate of 0.05% will apply. Membership in CommonWealth required. Limit one Rewards Checking account per member. All new accounts will be verified by ChexSystems. Members with an existing CommonWealth checking account may convert their current account into a Rewards Checking account. Offer is subject to cancellation without notice and cannot be combined with any other offer.
1No monthly service charge for Rewards Checking. You must opt-in to eStatements to have the $2 monthly paper statement charge waived.
Scholarship Applications Now Open!
Calling all high school Seniors! If furthering your education is one of your resolutions this year, make sure to check out our scholarship program!
Save the Date! Virtual Annual Meeting & Board Elections
Wednesday, April 20, 2022
Join us as we celebrate our members, discuss the past year and our plans for the credit union, announce new Board Members, present student scholarship awards, charitable contribution awards and much more!
The Nominating Committee is seeking interested candidates for two Board of Director positions and one Supervisory Committee position. Each position has a term of three years.
