HIGH-YIELD CHECKING

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Your Xtraordinary Checking Account now offers a higher yield! Start maximizing your earning potential today.

How to earn your higher yield

Questions? We can help.

account requirements & perks

Take your Xtraordinary Checking to the next level

Earning 5.00% APY‍1 on your account balance up to $25,000 is easy! Here are the updated monthly requirements to earn this higher yield:

  • Make 15 debit card purchases or accumulate $500 in debit card spending.
  • Subscribe to eStatements – here’s how.
    Already subscribed? You’re good to go!
  • Make one monthly deposit of at least $500 from either a direct deposit or an ACH deposit.

To learn more about the updates to your Xtraordinary Checking Account, please review our Frequently Asked Questions (FAQs).

Review FAQs Review FAQs
Xtraordinary Checking
No monthly fees
Minimum balance requirements

None

Monthly rebate of ATM provider surcharges‍2

$15

Free Connexus ATM transactions

Unlimited

Free Co-op & MoneyPass® ATM transactions‍3

Unlimited

Free, contactless Visa® Debit Card with Mobile Wallet capabilities
Convenient Digital Banking access
Free statements
Free overdraft transfers with linked accounts
Earn more

Say hello to your higher yield

Far above the national average, your Xtraordinary Checking Account offers one of the highest yields, allowing you to earn more than $1,200 a year!‍1‍4

102% the National average rate*
Connexus APY
5.00%
National APY
2.47%
5.00%
Connexus APY
102% the National average rate*
2.47%
National APY

Earning an excellent APY is easier than ever!

Track your progress toward earning 5.00% APY‍1 using our Xtraordinary Checking Progress tool in Digital Banking. 

Monitor your progress toward the monthly requirements

Get prompts for the requirements you still need to meet

Easily check your status at a glance within the tool

Check my progress Check my progress
Frequently asked questions

FAQs: You asked. We answered.

What changed with my Xtraordinary Checking Account?

The main changes include:

  • An APY increase from 1.75% APY to 5.00% APY‍1 on balances up to $25,000!
  • Addition of a monthly direct deposit or an ACH deposit (from a non-Connexus account) of at least $500
  • Debit card spending increased from $400 to $500
    • Or 15 debit card transactions (unchanged)
  • Decrease in monthly ATM surcharge rebates from $25 to $15
What information do I need to set up a monthly direct deposit into my Xtraordinary Checking Account?

To set up a monthly direct deposit into your Xtraordinary Checking Account, you will need to provide your Connexus account number, routing number, and Connexus’ address. For more information on where to find these details and to ensure that your direct deposit is not rejected due to incorrect formatting or information, please visit our Digital Banking FAQ or contact us directly.

What qualifies as a monthly direct deposit or an ACH deposit (from a non-Connexus account) into my Xtraordinary Checking Account?

Some example deposits for this account requirement include direct deposit from payroll, retirement benefits, or government benefits.

Additionally, you can use Connexus Digital Banking to link to an external account at a different financial institution and transfer funds into your Xtraordinary Checking Account each month to meet the ACH deposit requirement.

I currently have my direct deposit going to another institution. Can I set up a monthly $500 ACH transfer from my other financial institution to meet this account requirement?

Yes, this would meet the monthly direct deposit account requirement. Please contact us to ensure you have the correct information to set up this ACH transfer.

Does a mobile deposit or an in-person deposit at a branch qualify for the direct deposit requirement?

No, a mobile deposit or in-person deposit does not qualify for the direct deposit requirement.

How can I monitor whether I meet the monthly Xtraordinary Checking requirements?

Connexus offers an Xtraordinary Checking Progress tool within Digital Banking that allows you to easily track your progress toward meeting the monthly account requirements.

What happens if I do not meet the monthly Xtraordinary Checking Account requirements?

If you do not meet the requirements for any given month, you will simply earn no yield that month, and you will not receive the $15 of ATM surcharge rebates that month. There are no fees for not meeting the monthly requirements.

How many Xtraordinary Checking Accounts can I have?

Only one Xtraordinary Checking Account is allowed per member. However, we do offer other deposit accounts, such as Share Certificates and Money Market Accounts, that feature competitive APYs.