Rewards Checking

Our Rewards Checking is Your New Profit Center.

A checking account should not be a financial burden. Turn it into a financial bonus instead. We’ll give you a much better deal than you’ll ever get with a big-box financial institution, like TD Bank. And, we’ll reward you with aggressive interest payouts and perks you won’t find anywhere else.

Mills42 Rewards Checking TD Bank Convenience Checking TD Bank Beyond Checking
Interest Paid
  • 1.50% APY* up to $10,000
  • And 0.20% APY over $10,000
  • With a $10,000 balance, you will earn $10/month
  • What could you do with $150.02 more per year?
 None
  • 0.01% paid on balances up to $9,999.99
  • On a $10,000 balance, you will earn just $0.83 per month. That is $10 annually.
Monthly Fee $0 $15 every single month ($180/year), unless your minimum daily balance is $100+ $25 every single month ($300/year), unless your minimum daily balance is $2,500+
ATM Fees
  • Fee-FREE at over 30,000 ATMs nationwide**
  • 50 Fee-FREE ATMs around Lowell alone**
  • As high as $3 at non-TD Bank ATMs (plus what that bank or credit union charges you)
  • Free only at TD Bank ATMs
  • As high as $3 at non-TD Bank ATMs (plus what that bank or credit union charges you), unless you maintain a minimum daily balance of $2,500+
  • Free at TD Bank ATMs
Overdraft Fee $28 $35 $35
Overdraft Protection Courtesy Pay up to $400 Available Available
Free Mobile Banking Yes for both Android and iPhones Yes Yes
Free Debit Card Yes Yes Yes
Apple Pay™ Yes Yes Yes
Samsung Pay™ Yes Yes Yes
Round-Up Savings Option Yes, and it's automatic! No No
Remotely Deposit Checks Yes Yes Yes
    And you’ll also have available to you:
    • Free Online Banking with Bill Payment
    • Person-to-Person Payments (accessed through Online Bill Payment)
    • Free eStatements
    • Courtesy Pay: We'll cover any of your insufficient funds items from checks and ACH transactions. Members who qualify for Courtesy Pay will receive up to $400 of overdraft balance coverage. Each overdraft transaction covered will trigger a $28 charge. But the good news is that you'll avoid insufficient funds fees from merchants, not to mention the embarrassment and inconvenience of bouncing a check.
    • Account Alerts via Text Messaging or Email for:
      • Balances
      • Transactions
      • Check Numbers
      • Loan Payments Due

This is for personal accounts and can only be opened in person at the branch. So if we’ve piqued your interest and you want to earn more money, stop by and see us.

Open your Rewards Checking Account today.

Not a member yet? We’ll take care of that for you as you’re opening your account or taking out a loan. If you want to get a jump-start, enroll online or just give us a call at 978.328.5100. We’ll be happy to help you build from here.

Click here to see our Fee Schedule

* Annual Percentage Yield listed applies to balances up to $10,000 when account requirements are met during each eligibility cycle. Eligibility cycle begins on the first day of each calendar month and ends the last day of each calendar month. The yield listed is a variable rate and may change at any time after account is opened. To earn maximum yield listed, account must have: 1) A minimum average daily balance of $500.00; 2) A minimum of twelve (12) posted debit card transactions monthly (excluding ATM usage); 3) eStatements as statement delivery option; and 4) Have at least one recurring ACH (Automatic Clearing House) debit transaction or Bill Payer transaction per month. If above requirements are not met during an eligibility cycle, account will earn 0.00% APY. If account shows a negative balance at any time during the eligibility cycle, account will earn 0.00% for that eligibility cycle. Balances greater than $10,000 will earn 0.20% APY. Other restrictions and terms may apply. Business accounts do not qualify for Rewards Checking. Rates and terms are subject to change without notice. Dividends are compounded and credited monthly based on the average daily balance in the account. Member eligibility is required.

**First five (5) non-Mills42 FCU ATM withdrawals per month are free. After the first five, Mills42 FCU will charge $1.00 per ATM withdrawal. This is in addition to what the ATM owner assesses.