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eInterest Plus

Home > Bank > Checking Accounts > eInterest Plus

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eInterest Plus Checking

Earn money back on the money you use every day! Our eInterest Plus Checking account pays you dividends on the funds in your checking account with the convenience of Direct Deposit or any Automatic Payment! Plus, we let you keep more of your money because there are no per-check charges and you get unlimited free Debit Card transactions.

The ‘Plus’ in the name indicates a possible loan rate discount for moving your loans to GenFed!

Competitive Rates

Earn interest when you use the convenience of Direct Deposit or Automatic Payment!

Checking Account Rates
Effective Date: 6/1/2024
Account TypeRequired Opening DepositMinimum Balance to Earn DividendsDividend Rate/APY (Interest Rate)
eInterest Plus Checking $50 $0.00 0.05%
50+ Interest Checking $50 $0.00 0.05%
Premier Interest Checking $50 $0.00 0.05%
Premier Interest 2nd Tier $50 $1,500.00 0.50%
Regular savings, money markets, accumulators and checking: Rates are subject to change at any time. Annual percentage yield on regular savings accounts is accurate as of the last declaration date of 1/1/2023. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Minimum balance to earn dividends is $100 for regular savings, $1,000 for IRA, $2,000 for money market, $75000.01 for Jumbo Money Market and $1500 for eInterest and second tier of Premier Interest checking. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield.

Great Services

With your eInterest Plus Checking account, you’ll get all the free services that are included in our Simply Free Checking account, plus earn interest!  There is no minimum balance requirement or monthly service charge.

  • Competitive interest rate
  • Free Online and Mobile banking with Text Alerts
  • Free Mobile Banking with Mobile Deposit
  • Free Debit Card with access to over 100,000 ATMs Nationwide
  • Free Bill Pay
  • Free Debit Card with unlimited transactions
  • Free eStatements with Online Check Images (or free paper statements)
  • Free Thank You Gift
  • We’ll buy back your unused checks and debit cards from another financial institution up to $10
  • Full business day deposit policy (no business day cut-off time for deposits)

Plus, you can protect your account from accidental overdrafts with our overdraft protection options.

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See rates page for full rates disclosures.