Checking Accounts | FIGFCU | Secure and Convenient Banking
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Farmers Insurance Federal Credit Union

Routing Number: 322077795

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Checking Accounts

Compare CashBack And High Yield Accounts

Looking for the best checking account to fit your life? We offer options that make managing your money easier. No matter your needs, we have an account for you.

  • CashBack Checking: Qualify to earn cash-back rewards every month.**
  • High Yield Checking: You can earn an amazing 5.00% APY† reward with qualifying activities.

Open Account

How to qualify for rewards on CashBack and High Yield Checking accounts.

It’s easy to unlock rewards on our CashBack Checking or High Yield Checking accounts, simply:

  1. Make 10 or more Visa® Debit Card purchase transactions monthly.
  2. Set up Direct Deposit of $1,000 or more each month (paycheck, benefits, or other income).
  3. Enroll in free eStatements.

Which checking account is right for you?

Whether you want a simple account with monthly cash back, or interest on your balance, we have a great checking account to help you manage your money better.

All of our checking accounts come with no minimum balance requirements, a Contactless Visa® Debit Card, free online and digital banking, the ability to make direct deposits and remote check deposits, and access to over 30,000 fee-free nationwide ATMs.

CashBack Checking

A checking account that’s ideal if you maintain a smaller balance and want to earn cash back every month.

  • Cash back: Earn a monthly statement cash back credit of $5 with qualifying activities.
  • ATM rebate: Receive a surcharge rebate of up to $10 a month.
  • Savings bonus: Get a 1.00% APY bump-up yield bonus on our Online Savings account with Direct Deposit.
  • Unlimited check writing: Plus, your first box of checks is free.

Open Account

High Yield Checking

If you carry a high balance, this is the checking account for you. Plus, there’s no minimum balance to worry about.

  • Earn a high yield: Get 5.00% APY on balances up to $5,000.
  • ATM rebate: Receive a surcharge rebate of up to $10 a month.
  • Savings bonus: Earn a 1.00% APY bump-up yield bonus on our Online Savings account with Direct Deposit.
  • Unlimited check writing: Plus, your first box of checks is free.

Open Account

Frequently asked questions (FAQs)

How do I earn rewards with CashBack Checking and High Yield Checking?

Each month, make 10 Visa® Debit Card purchases, set up Direct Deposit of $1,000+, and enroll in eStatements.

What is High Yield Checking?

It’s a checking account that earns interest. You can earn 5.00% APY on balances up to $5,000.

Can I open an account online?

Yes. You can open your account online in minutes.

Do I need a minimum balance each month?

No. All of our checking accounts come with no minimum monthly balance requirement.

**An initial deposit of $20 is required to open any Checking Account. CashBack Checking will earn a $5 (five dollar) reward and is eligible for up to $10 (ten dollars) in ATM surcharge rebates per statement cycle subject to the following: 1) $1,000 (one thousand dollars) monthly minimum direct deposit, 2) eStatements, and 3) 10 Debit Card Point of Sale (PIN and Signature based) posted transactions using the Farmers Insurance Federal Credit Union Debit Card on the CasbBack Checking Account. Posted transactions count toward monthly minimums. Additional restrictions apply: I must be a Member in good standing with a current, valid email address on file with the Credit Union. Qualifying transactions must post and clear the account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post to the account. At the time of the statement cycle date the Credit Union will verify the combined products and services used since the previous cycle date to determine the qualification for the $5 reward and the eligibility for the ATM surcharge rebate. In the event that my monthly $1,000 ACH Direct Deposit credit is not received by the Credit Union for a 60 day period, any loan discount which requires the said monthly deposit, CashBack rewards and rebates, and any rate bump-ups on any share certificates will also be discontinued. CashBack reward amount may be found at the Credit Union’s website, verified at a Credit Union Branch or by calling 800.877.2345. Rewards, ATM surcharge rebate amounts, and eligibility criteria are subject to change at any time. Fees may reduce earnings and/or rewards. Accounts with one calendar month of no activity will be assessed an inactivity fee of $5. Rate bonus is for a minimum of $1,000 monthly ACH Direct Deposit or Agent Net Check into a Farmers Insurance Federal Credit Union Checking Account. Rates are subject to change at any time.

†An initial deposit of $20 is required to open any Checking Account. High Yield Checking is an interest earning checking account eligible for up to 5.00% APY interest on the average daily balance in the checking account up to $5,000 (five thousand dollars) and 0.20% APY on balances over $5,000. Dividends are calculated by applying a periodic rate to the Average Daily Balance in the account for the Dividend period. High Yield Checking will earn up to 5.00% APY interest and is eligible for up to $10 (ten dollars) in ATM surcharge rebates per statement cycle subject to the following: 1) $1,000 (one thousand dollars) monthly minimum direct deposit, 2) eStatements, and 3) 10 Debit Card Point of Sale (PIN and Signature based) posted transactions using the Farmers Insurance Federal Credit Union Debit Card. Posted transactions count toward monthly minimums. Interest earned will be credited to the account at the end of the statement period. Additional restrictions apply: I must be a Member in good standing with a valid email address on file with the Credit Union. Qualifying transactions must post and clear the account during the monthly qualification cycle. Should the account not qualify for ATM surcharge rebates and/or the 5.00% APY interest, and for balances in excess of $5000, the account will earn 0.20% APY (twenty basis points) on the checking account balance. Transactions may take one or more business days from the transaction date to post to the account. At the time of the statement cycle date you will verify the combined products and services used since the previous cycle date to determine the qualification for the 5.00% interest and the eligibility for the ATM surcharge rebate. In the event that my monthly $1,000 ACH direct deposit credit does not come in for a 60 day period, the loan discount and the rate bump-up on the certificate will also be discontinued. Current interest rates and the annual percentage yield may be found at the Credit Union’s website, may be verified at a Credit Union Branch or by calling 800.877.2345. Interest rates earned, ATM surcharge rebate amounts and qualifying dollar amounts for interest earned are subject to change at any time. APYs, ATM surcharge rebate amounts and eligibility criteria are subject to change at any time. Fees may reduce earnings. Accounts with one calendar month of no activity will be assessed an inactivity fee of $5.

Rate bonus is for a minimum of $1,000 monthly ACH Direct Deposit into a Farmers Insurance Federal Credit Union Checking Account. Rates are subject to change at any time.