
PRO$PER Checking
PRO$PER High-Yield Checking Account. Earn more. A lot more!
The PRO$PER High-Yield Checking Account earns more than 40 times the interest rate paid on the average national checking account.**
This account has no monthly service charge, unlimited Point-of-sale (POS) transactions, and free ATM transactions.
Estimated Earnings Example:
Average National Checking Account Interest Rate** | PRO$PER High-Yield Checking Account Interest Rate | |
Annual Percentage Yield (APY) | 0.07% APY* | 3.50% APY* |
Average Monthly Amount | $2,500 | $2,500 |
Monthly Interest Earned | $0.15 | $7.29 |
Additional Benefits:
- Visa Debit Card with Tap to Pay
- CO-OP ATM Network
- Surcharge-free Debit Card access to nearly 30,000 ATMs nationwide
- CO-OP Shared Branch Network
- Member Overdraft Protection of $100
*APY = Annual Percentage Yield
**According to the FDIC’s Monthly Update on National Rates and Rate Caps published on January 21, 2024, the average of rates paid by all insured depository institutions on Interest Checking was 0.07%. The complete report is available at https://www.fdic.gov/national-rates-and-rate-caps/monthly-update-january-2025.
To earn the applicable dividend rate and APY, you must be enrolled in eStatements, have a minimum of fifteen (15) debit card transactions made from your PRO$PER Checking Account during the statement cycle, and a Direct Deposit to your PRO$PER Checking Account. You must meet the preceding account requirements to earn Tier 1 dividends. No minimum balance requirements to earn dividends. Dividends are compounded and paid monthly. Fees may reduce earnings.
Rate information – Rates are subject to change. Tier 1 – A dividend rate of 3.440% will be paid only for that portion of your daily balance which is $25,000.00 or less. The annual percentage yield (APY) for Tier 1 is 3.50%. Tier 2 – A dividend rate of 0.0499% will be paid on the entire portion of your daily balance greater than $25,000.00. The annual percentage yield (APY) for Tier 2 is 0.05%. If all the requirements for this account are not met, the Tier 2 rate will apply to the entire balance. Rate information is as of February 1, 2025.