High Yield Checking Account

HIGH-YIELD CHECKING ACCOUNT RATES

Apex Checking Account
Ascent Checking Account

Account Balance

Min Balance to Receive Dividends

DIVIDEND RATE

APY¹

Account Balance

Daily Balance is $20,000 or less

Min Balance to Receive Dividends

$0.00

DIVIDEND RATE

4.889%

APY¹

5.00%

Account Balance

Daily Balance is greater than $20,000

Min Balance to Receive Dividends

$0.00

DIVIDEND RATE

0.25%

APY¹

Ranges from 0.25% to 5.00%

Account Balance

Min Balance to Receive Dividends

DIVIDEND RATE

(amount over $20,000)

APY¹

(depending on balance)

Account Balance

Requirements Not Met

Min Balance to Receive Dividends

$0.00

DIVIDEND RATE

0.25%

APY¹

0.25%

Account Balance

Min Balance to Receive Dividends

DIVIDEND RATE

APY¹

Account Balance

Daily Balance is $20,000 or less

Min Balance to Receive Dividends

$0.00

DIVIDEND RATE

2.96%

APY¹

0.25% - 3.00%

Account Balance

Daily Balance is greater than $20,000

Min Balance to Receive Dividends

$0.00

DIVIDEND RATE

0.25%

APY¹

Ranges from 0.25% - 3.00%

Account Balance

Min Balance to Receive Dividends

DIVIDEND RATE

(amount over $20,000)

APY¹

(depending on balance)

Account Balance

Requirements Not Met

Min Balance to Receive Dividends

$0.00

DIVIDEND RATE

0.25%

APY¹

0.25%

APY¹= To receive the higher dividend rate for Apex Checking, the account must be enrolled in eStatements, must have a payroll, social security, or pension direct deposit each month, at least one log-in to the CCCU online banking system each month and a minimum of 10 debit transactions each month (ATM transactions do not count toward the debit card requirements). The 10 debit transactions must be posted to the account prior to the last business day of each month regardless of when the transaction was conducted. To receive the higher dividend rate for Ascent Checking, the account must have a payroll, social security or pension direct deposit each month. All account requirements must be met by the last day of the month to qualify for the higher rate. If account requirements are not met, standard checking dividend rates apply. Rates are subject to change and may change without notice. The cycle for each month begins on the first day of each month. Only one Ascent or Apex checking account per member. Application is subject to approval. See credit union Rate and Fee Schedule for more details.

Start your High-Yield Checking Account application

Perks of High-Yield Checking

Maximize your money with our Apex Checking Account featuring our highest APY with minimal account requirements.

Direct Deposit
Sign up for eStatements
Login to Online Banking once per month
10 Debit Card transactions per month

Happy couple opens a new checking account to earn high dividends.

Maximize Earnings

Make your money work for you! Earn our highest APY² with an Apex Checking Account.

No Surprise Fees

With minimal requirements and no monthly fee, it's all about the perks with our Apex Checking Account!

Low Minimums

Open an Apex Checking Account with just $25 and keep earning dividends with no minimum balance!

Bank On-the-Go

Free access to our Mobile Banking app, Debit Card Controls, Zelle®, access to 30,000+ ATMs, and more.

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Ascent Checking Account Features

Why earn less when you can earn more? With our Ascent Checking Account, you'll earn over 50 times the national average³and put your money to work with one of the best checking accounts around. Just compare our checking account to other banks and you'll see!

Earn More

Earn a higher APY² on up to $20,000 with a monthly direct deposit and minimal requirements.

No surprise fees

No debit card transaction requirements, minimum balance, or monthly service fee.

Low Minimums

Open an Ascent Checking Account with just $25 and keep earning dividends with no minimum balance!

Bank On-the-Go

Free access to our Mobile Banking app, Debit Card Controls, Zelle®, access to 30,000+ ATMs, and more.

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Our Checking Account Perks

You are the hero of your own financial success story. We’re here to guide you with no hidden fees, easy access to your money, and financial tools to help when you need it.

24/7 access with digital banking
Access to 5,000+ CO-OP Shared Branches and over 30,000 surcharge-free ATMs worldwide
Zelle^® digital payments
Account alerts and debit card controls
Mobile deposit
Bill pay
eStatements
Digital Wallet

To earn these perks, simply open a checking account, then deposit your paycheck, social security, or pension directly into your account by signing up for direct deposit.

Open An Account

Man using online banking for his Apex Checking account with PCU credit union in Portland Oregon

Woman getting money out of an ATM with her Peak Checking debit card from PCU credit union in Portland Oregon.

What is a checking account?

A checking account is a bank account that keeps your funds accessible on demand for cash withdrawals, debit card transactions, checks, and electronic transfers.

With a checking account at PCU, you can access your account 24/7 through online and mobile banking, or in-person at over 5,000 CO-OP Shared Branches and 30,000+ surcharge-free ATMs.

What is a high-yield checking account? A checking account like our Ascent or Apex Checking Account earns dividends. That means the money in your account grows each month based on the offered dividend rate. High-yield accounts simply offer a higher than average rate for meeting certain requirements.²

Still have questions? Head to one of our local branches or give us a call at 503.232.8070

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What our members are saying:

“Thank you for making the whole process so easy and less stressful!”

Maria P. Member Since 2017

“Amber was terrific! Really enjoyed working with her. Everything moved extremely fast! Thanks so much!”

Barbara G. Member Since 2019

“Customer service is always so wonderful any time I have to interact with a representative! I appreciate how quick the loan officers and underwriters work to process all of my applications! Best credit union EVER!”

Edlyn C. Member Since 2018

DISCLOSURES

² APY= Annual Percentage Yield. Minimum opening balance of $25.00. To receive the higher APY on balances up to $20,000 you must meet the monthly requirements. Apex Checking (High-Yield Checking), the account must be enrolled in eStatements, must have a payroll, social security, or pension direct deposit each month, at least one log-in to the CCCU online banking system each month and a minimum of 10 debit transactions each month (ATM transactions do not count toward the debit card requirements). The 10 debit transactions must be posted to the account prior to the last business day of each month regardless of when the transaction was conducted. To receive the higher dividend rate for Ascent Checking, the account must have a payroll, social security or pension direct deposit each month. All account requirements must be met by the last day of the month to qualify for the higher rate. The cycle for each month begins on the first day of each month. Only one Ascent or Apex (High-Yield) checking account per member. See credit union Rate and Fee Schedule for more details.

³ Comparison based on Ascent Checking APY as of 03.01.23 vs. the bank national average checking rate of 0.06% APY as of 03.20.23 sourced from FDIC.

Membership eligibility required. Contact credit union for full details.

Earn up to 5.00% APY¹ with a High-Yield Checking Account.

HIGH-YIELD CHECKING ACCOUNT RATES

Start your High-Yield Checking Account application