Learn about Great Lakes Credit Union Free Checking account here.
Available nationwide, Great Lakes Credit Union is offering a staggering 2.50% APY with a maximum balance of $10,000 on their Free Checking Account.
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About Great Lakes Credit Union Free Checking
Great Lakes Credit Union is headquartered in Bannockburn, Illinois and it was founded in 1938. Since then they have opened 11 locations and offer money market rates that are 48% higher than the national average.
Continue on to learn more about the Great Lakes Credit Union Free Checking Account below.
| Eligibility: Membership in Great Lakes Credit Union is open to anyone by choosing the “Not Listed-Let us help!” option in the online application. Membership is also open to the following groups: (1) those who live or work in the Illinois counties of Cook (west of Route 83), Dupage, Kane, Kendal, Lake, McHenry, Will, and Kenosha County, Wisconsin, (2) Federal government employees, including active and retired military members, (3) employees of Select Employer Groups. Membership requirements are listed in the credit union’s online application. See current membership details |
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Great Lakes Credit Union Free Checking Rate
Residents nationwide can earn the industry-leading rate on balances up to $10,000. With no minimum deposit, you will be able to enjoy the rate to its full potential!
- What you’ll get: 2.50% APY up to $10,000
- Eligible Accounts: Free Checking Account
- Credit Inquiry: Unknown
- Where it’s available: Nationwide
- Opening Deposit: No minimum
- Credit Card Funding: Unknown
- Monthly fee: None
(NCUA Insured)
How To Earn Up to 2.50% APY Rate
- Sign up with Great Lakes Credit Union to earn a 2.50% APY for balances up to $10,000
- Have a $500 direct deposit
- Make 15 debit card purchases totaling $150 or more
- Sign up/enroll for eStatements
- Pay one bill per month via bill pay or login to mobile banking once per month
| Balance Requirement | APY Rate |
| $0 – $10,000 | 2.50% |
Account Features
- No ATM fees at CO-OP Network ATMs
- Reimburse up to $10 per month in ATM fees when made in the US and outside the GLCU / CO-OP ATM Network
- No monthly fee
- No minimum balance required
Alternative Rewards Accounts To Consider
 Earn up to 1.25% APY with the Axos Bank Rewards Checking account while enjoying a suite of digital tools for smarter money management. This is banking, redefined. Axos Bank Rewards Checking: Use Promo Code “Summer” for a $100 Bonus, valid through 9/30. Terms: To receive a $100 Bonus: An Axos Bank Rewards Checking application that includes the promotional code “SUMMER" must be submitted between 7/5/2022 at 12:00am PST and 11:59pm PST on 9/30/2022 to qualify. You must open your new Rewards Checking account and have qualifying direct deposit(s) that total at least $1,500.00 within a single calendar month during the first three (3) calendar months your account is open, including the month in which your account was opened. Direct deposit funds must be new to bank from a third-party source (not originated from another Axos Bank brand account) to receive bonus credit. All eligible awards will be delivered to your Rewards Checking account within 30 days following the 90-day waiting period. Account must remain open for 180 days or an early closure fee of $50 may apply. • Up to 1.25% APY • Zero monthly maintenance fees • Zero overdraft or NSF fees • Zero minimum monthly balance reqs • Unlimited domestic ATM fee reimbursements • Zero Minimum Balance Requirement • Only $50 to open an account |
Bottom Line
Overall, the Great Lakes Credit Union Free Checking Account is a good opportunity nationwide. There is no monthly fee, and the account has a great interest rate! Remember that if your balance is over $10,000,you won’t get the full benefit of the rewards checking account.
Lastly, let us know about your experience with this bank and comment below.
For more bank offers, see the complete list of Best Rewards Checking!
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