Newsweek has named Vertical Checking, an exclusive Evansville Teachers Federal Credit Union offering, as the # 1 option for chequing account holders nationwide.
The national news site included the ETFCU in its list of the best US banks for 2022 and ranked Vertical Checking as the best high-yield checking account in the country among more than 5,000 credit unions.
Newsweek cited Vertical Checking’s high 3.30% APY interest rate, plus a refund of up to $ 15 per month on overseas ATM fees. Vertical verification is a free account, and interest is paid on any deposit amount up to $ 20,000, returning participants up to $ 56 per month.
“One-off payment was a must for this category, which is all about getting the highest interest rates,” the news site reported. “Current and historical interest rates have been the heaviest, but monthly maintenance fees, ATMs and overdrafts have also been factored into to ensure you get the most out of those high interest payments. “
The local credit union is gaining more and more national attention. ETFCU’s vertical verification has been listed in Kiplinger’s Personal Finance among its list of the best checking accounts in the country every month since July 2020. Earlier this year, the account was named the best checking account in the country for debit users by Investopedia. The company also honored Evansville Teachers Federal Credit Union as the best credit union in the United States for verification on its list of the best credit unions of 2021.