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Terms:
Meet these simple monthly requirements:
1. Receive electronic statements (e-Statements) and notifications
2. Receive payroll deduction or direct deposit
3. Access your account online at least once a month
4. Perform at least 15 debit card transactions per month
How it works: If you receive electronic statements and notifications, you will receive a monthly dividend of 0.50%. If you meet all the monthly requirements listed above, you will receive an e-Xtra Bonus dividend of 4.40%. Plus, you will get your foreign ATM fees reimbursed up to $12.00.
Membership required. $25 minimum opening balance. Member must be in good standing and meet all requirements to be eligible for Bonus Dividend and ATM Fee Reimbursement up to $12.00. Annual Percentage Yield (APY) is paid on balances within each statement cycle in which the requirements are met. APY is subject to change without notification. Withdrawals may decrease the noted APY. Bonus dividend is paid on balances of $1.00 - $20,000. Monthly dividend rate = 0.50%. Bonus dividend rate = 4.40%. ATM transactions do not count toward debit card usage. Voluntarily discontinuing electronic statements or notices will result in account defaulting to Basic Free Checking at month end cycle and dividends will not be paid. If account is closed prior to pay out of dividends, all dividends will be forfeited. Checks are available for purchase at member's expense.
You are eligible for membership if:
* You work for one of Pelican State CU's Select Employer Groups (SEGs)
* You are employed by Pelican State CU
* Your immediate family member is already a member of Pelican
* You live in Rapides Parish
