Membership is subject to eligibility. All new accounts will be verified through ChexSystems and are subject to approval. Additional terms, rates, conditions, restrictions and fees may apply.
1Promotional rate High Yield Savings offer: The promotional period runs from October 1, 2026 through March 31, 2027. The offer is subject to change or termination.
To qualify for the promotional rate, the Member must meet all of the following requirements throughout the promotional period:
- Maintain an active High Yield Savings account with a minimum daily balance of $10,000
- Maintain an active Enjoy! Rewards Checking account
- Receive qualifying electronic direct deposits totaling $1,500 or more to the Enjoy! Rewards Checking account each month
- Make 10 or more debit card purchase transactions with the Enjoy! Rewards Checking account each month
A qualifying direct deposit must be an electronic deposit of payroll, pension, Social Security or other recurring income from a third-party employer or government agency. Transfers between accounts, person-to-person payments, mobile deposits, ATM deposits, branch deposits and other non-payroll deposits do not qualify.
Dividends are calculated daily using the account’s ending balance and the applicable dividend rate, as shown in the table below:
Daily High Yield Savings Account Ending Balance | Daily Dividend Rate |
$10,000 or more and Member meets all four promotional rate requirements listed above. | High Yield Savings promotional rate |
$10,000 or more and Member does not meet all four promotional rate requirements listed above. | High Yield Savings standard rate |
Below $10,000 regardless of whether the Member meets the other promotional rate requirements. | Primary Savings share rate |
Dividends earned each day are totaled and paid at the end of the month. Because the applicable rate may vary during the dividend period, the account may earn in a blended Annual Percentage Yield (APY).
At the end of the promotional period, the account will earn the standard rate in effect at that time. Rates are variable and subject to change without notice. Fees may reduce earnings. The account must remain open and in good standing throughout the promotional period to receive the promotional rate.
2High Yield Savings: Minimum balance to earn the standard rate is $10,000. Balances in the High Yield Savings account under $10,000 will earn the regular Primary Savings share rate.
3Enjoy! Rewards: Enjoy! Rewards Checking and/or an Enjoy! Rewards Visa® Platinum credit card is required to participate in the Enjoy! Rewards program. Program conditions and restrictions may apply. Not available on all Southland Visa cards.
4Enjoy! Rewards Checking: The $5 monthly service fee waived and up to $20 of ATM fee rebates paid when monthly qualifications of direct deposit, one bill pay or 10 debit card transactions per month are met. The $5 paper statement fee is waived for Members with eStatements or over 65.
Points: You’ll earn points on purchases of products and services, minus returns or refunds, made with an Enjoy! Rewards debit card. Debit card purchases earn one point per every three (3) dollars of each qualifying transaction. Enjoy your way – Earn 3X Points (1 base point plus 2 bonus points) per every three (3) dollars of each qualifying transaction for the three categories you choose. These include retailer/service providers whose Visa Merchant Category Code (MCC) is classified as grocery (5300,5411 and 5499), utility (4814, 4816, 4899 and 4900), gas (5541, 5542 and 5552), restaurants (5812 and 5814) and travel (4511, 7011, 7512/3000-3308, 4722, 4111, 4121 and 4131). Additional points accumulated for other banking relationships, products and services. For complete details, refer to Enjoy! Rewards Program Terms and Conditions at SouthlandCU.org/enjoy. Offer is subject to change without notice.
5Direct deposit: Early access depends on the timing of the submission of the deposit from the payer. We generally make these funds available on the day the deposit is received, which may be up to 2 days earlier than the scheduled payment date.
6ATMs: Unlimited FREE ATM Transactions at Southland Network ATMs, which include all Southland and CO-OP® ATMs. Use of an out-of-network ATM will result in a $3.00 transaction and inquiry fee, and possible third-party surcharges.
7Digital Banking: Available to active Members includes viewing account balances, transferring funds between accounts, and initiating bill payments and remote deposit capture. Some restrictions may apply. Mobile Deposits are available to Members in good standing only. Web/App access is needed to use Digital Banking and your carrier may charge access rates. Check with your service provider for details on specific fees and charges.
