As part of our GREEN initiative, Shell FCU offers a BE GREEN Checking Account. There are four easy qualifications each month as well as a $1 minimum to open the account. If you are under 18, a guardian is needed as a co-signer of the account.
Four Free and Easy Qualifications (must be met each cycle)
- Post and Clear 20 Debit Card Purchases
- Post and Clear 1 Direct Deposit or Automatic Payment from your account
- Receive Electronic Statement
- Access Online Banking
These features are FREE to members and it's easy to switch to BE GREEN Checking.
Each cycle you meet the qualifications, your ATM fees are reimbursed and you EARN a Higher Yield on balances up to $20,000. On balances over $20,000, you receive 0.10% APY*. Premium dividend is paid even on smaller balances.
What happens if the qualifications are not satisfied during a cycle?
- You will earn 0.05% APY on your free checking balance
- ATM fees are not reimbursed
...but don't worry, you can start over next cycle!
Click here for 2014 Qualification cycles
*APY=Annual Percentage Yield. Be Green yield 2.20% APY (effective 07/01/2013) paid on balances between one penny and $20,000, and 0.10% APY paid on all amounts above $20,000 each cycle the minimum qualifications are met. If you do not meet the qualifications per cycle, your account will still function as a free checking account earning base yield 0.05% APY; however, it will not receive ATM fee refunds for that time period. Rates as of July 1, 2013. We may change the dividend rate and APY at any time after the account is opened. No minimum balance required. Minimum deposit to open account is $1.00. Available to personal accounts only. No monthly service charge. **ATM refunds when qualifications are met.