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re: Neighbors FCU

Posted on 1/7/14 at 10:30 pm to
Posted by Golfer2012
New Orleans
Member since Jun 2010
54 posts
Posted on 1/7/14 at 10:30 pm to
I was looking at the rewards checking -- are the rates higher for the checking accounts than the savings accts or am I looking at it wrong?

What the difference with dividend % and APY?
Posted by Brummy
Central, LA
Member since Oct 2009
4510 posts
Posted on 1/7/14 at 11:45 pm to
quote:

I was looking at the rewards checking -- are the rates higher for the checking accounts than the savings accts or am I looking at it wrong?

That's correct, on the first $10,000. It pays essentially nothing after that.

I bank with them. I haven't borrowed money from them, so I can't speak on that, but their online banking is nice, especially for a credit union. The rewards checking has a good interest rate, no fees, and will reimburse up to $20 per month in ATM fees if you meet all the requirements (which isn't difficult to do), so you've basically got a nationwide ATM network.
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