New England Credit Union is Offering 4.10% APY on Rewards Checking. With no minimum balance requirement and an allowance of up to $15,000 balance, this rate is hard to beat right now. Does it sound too good to be true? It is true. ATM refunds also apply to this account.

Requirements:
1. Make 12 cleared debit card transactions with your rewards checking account
2. Set-up one direct deposit or ACH auto debit to your high interest checking account.
3. Enroll in eservices with your rewards checking account.

New England Federal Credit Union began as East Hartford Teachers’ Federal Credit Union in 1938. It merged with two other credit unions and the name became what is now is in 1989.
There are three locations in Connecticut at East Hartford, Vernon, and Newington communities. Visit their website at newengland.org or call 1-888-394-9727(out of state) and 860-282-0001 for local callers.

As of December 31, 2009, Bauerfinancial.com, rates new england credit union with only two stars. Bauerfinancial only recommends banks and credit unions with a 3 or 4 star rating.

For other bank rates on New England Credit Union such as CD rates, checking account deals and saving rates, please check with a local bank rep, or read our other posts on this bank.

Disclaimer:
This post is made available to the individual consumer and does guarantee the verification of rates, although we do our best to provide you with the most accurate available information. Check with the institution before opening any account.