Department of Labor FCU is offering a reward checking account with 3.76% on balances up to $50,000, and 1.01% APY on balances over $50,000. These rewards checking rates are available if certain monthly requirements are met:

• 12 Visa check card signature-based purchases
• One direct deposit per month
• Access internet home banking
• Receive e-statements

Additional features of the account regardless of the monthly requirements include:

• No minimum balance requirement
• No monthly service charge
• Free Online Bill Pay

Membership is primarily based on select employer groups. In addition to the Labor Department, there are several other employers listed at the credit union’s membership eligibility page. In addition to employees and retirees, immediate family members of the credit union members can also qualify. The membership application can be done by mail, and it requires a minimum deposit of $10 in the savings account.