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?
  • 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

*APY = Annual Percentage Yield. Account will earn 1.50% APY on balances up to $10,000 when account requirements are met during the eligibility cycle (Eligibility Cycle starts on the first day of each month and ends the last day of each month). To qualify to open a Rewards Checking Account, member must have their primary residence located in New England. Rates are accurate as of 07/01/2014. This is a variable rate account and the interest rate and APY may change at any time after the account is opened. Available on personal accounts only. To earn the maximum APY, you must post a minimum of 12 debit transactions (excluding ATMs), receive monthly account statements electronically, and have at least one recurring ACH (automated clearinghouse) debit transaction or Bill Payer transaction per month. If these conditions are not met during the eligibility cycle, the account will earn 0.00% APY. If account is negative at any time during the monthly statement cycle, the account will not earn any bonus dividend for that month. Balances greater than $10,000 will earn 0.20% APY. Other restrictions and terms may apply. Rates and terms are subject to change.

**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.