New “Build Your Own Checking” Product Pays Dividends
Media Contact: Emily Summersett
Marketing Manager
Office: 720-540-4508
esummersett@coloradounited.org
June 21, 2007
DENVER, CO: Today, Colorado United Credit Union announced the release of their new checking product: Build Your Own Checking. Build Your Own Checking allows Colorado United members to design a checking account that fits their personal style and pays dividends. All account dividends start at 0%. Here's how it works:
Add
E-statements: Dividends= 0.25%
Online Banking/Touch Tone Teller: Dividends= 0.25%
Online Bill Pay: Dividends= 0.25%
Debit Card: Dividends= 0.25%
Direct Deposit: Dividends= 0.25%
Subtract
Paper Checks: Dividends= -0.25%
Paper Statements: Dividends= -0.25%
Average Daily Balance Gains Dividends Also...
$501-2,500: Dividends= 0.25%
$2,501-5,000: Dividends= 0.50%
$5,001-25,000: Dividends= 0.75%
$25,000+*: Dividends= 1.00% + Preferred Member Status
*Preferred Member Status (Products and Services >= $25,000)
Preferred Members receive the following perks:
> Money Orders (3 per month) Free
> Safe Deposit Box Discount 0.50%
> Traveler's Check Discount 0.50%
> Teller/Cashier Checks (3 per month) Free
"Everyone has FREE checking, but we're member owned and operated. We owe it to our membership to give back in every way possible,” said John Mayer, VP of Operations at Colorado United Credit Union. “Why shouldn't you earn dividends on your checking account? We save money in processing and you get great online services in the process."
Please note, all rates are subject to change, so please refer to current rate sheet
About Colorado United Credit Union
Colorado United Credit Union is a not-for-profit cooperative financial institution, owned and directed by its members. Founded in 1952, Colorado United is dedicated to providing its members with the highest quality financial services available in the best interest of its members. Colorado United currently operates branches in Denver, Broomfield and Arvada. For more information on Colorado United, please visit www.coloradounitedcu.org.
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