Checking Accounts

Choose one of our two checking accounts that reward you for making your MEMBERS1st checking account your primary spending account! Schedule an appointment to open your new checking account today!

YIELD 1st Checking

Earn 7% APY* on balances up to $5,000!

To qualify for the yield, utilize free eStatements, log into online banking, have 20+ debit or credit card purchases, and ACH deposits of $500+ per month!

USE 1st Checking

1% cashback on debit card purchases, up to $10/mo.

To qualify for the cashback, utilize free eStatements, log into online banking, have 20+ debit card purchases, and ACH deposits of $500+ per month!

Once you’ve opened your new account, use our MEMBERS1st Switch Kit to ensure that you’re maximizing the benefits!

Switch Kit

*APY = Annual Percentage Yield. Rate as of 6/1/2025. 0.10% APY on balance above $5,000. Rate subject to change.

Maximum of one Rewards (dividend/cashback) Checking Account per individual. No penalty or fee for months that don’t meet qualifications.

MEMBERS1st Checking Account FAQs

MEMBERS1st offers two rewards checking options: YIELD 1st Checking, which can earn dividends on qualifying balances, and USE 1st Checking, which offers cashback on qualifying debit card purchases.

To qualify for the YIELD 1st Checking dividend, MEMBERS1st members must use free eStatements, log into online banking, make at least 20 debit or credit card purchases, and receive at least $500 in ACH deposits each month. The 7% APY applies to qualifying balances up to $5,000; rates are subject to change.

MEMBERS1st USE 1st Checking can provide 1% cashback on qualifying debit card purchases, up to $10 per month. Members must use eStatements, log into online banking, make at least 20 debit card purchases, and receive $500 or more in ACH deposits during the month to qualify.

MEMBERS1st rewards checking benefits require members to use eStatements, log into online banking, complete the required number of card purchases, and receive at least $500 in ACH deposits each month. The specific purchase requirements depend on whether you have YIELD 1st Checking or USE 1st Checking.

No. There is no penalty or fee when members do not meet the qualifications for YIELD 1st or USE 1st Checking rewards. You simply don’t earn the reward that month.

No. Members are allowed a maximum of one rewards checking account per individual.