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Consumers Credit Union earns recognition for checking

WAUKEGAN - Consumers Credit Union was recognized by both NerdWallet and WalletHub for product excellence.

WalletHub named CCU's Rewards Checking the "Best Online Checking Account" available nationwide, while NerdWallet said CCU had the best interest rate for credit union checking products nationwide.

To determine its ratings, WalletHub compared more than 50 of the most popular online checking accounts nationwide. Their conclusions were based on rates, fees and features, as well as their ability to meet the needs of an average consumer.

NerdWallet, in its review of CCU's Rewards Checking Account, said "It's great when a financial institution offers a checking account that doesn't have a monthly fee. But Consumers Credit Union goes a step further with its free checking account by offering an annual percentage yield. Users who meet certain requirements can earn an APY between 3.09 percent and 4.59 percent on balances of up to $20,000."

Consumers Credit Union has nine service centers in northern Illinois to go along with the member-owned credit union's online presence.

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