Point Loma Credit Union is offering a reward checking account called Ultra Rewards. The account offers the following features if certain monthly requirements are met:

• 3.56% APY on balances up to $25,000
• 0.25% APY on balances over $25,000
• ATM fees refunded up to $10 per month

Rates are listed at the credit union’s rate table as of 3/16/09. Effective date shown is 3/12/09. The monthly requirements include:

• 12 debit card purchases
• one direct deposit
• receive e-statements

This account is not available to members with AccessBuilder Checking or Electronic Transfer Accounts. If requirements are not met, the account returns to appropriate Lighthouse Relationship Program level with no ATM refunds or higher dividend for that statement period and monthly service fees may apply. Minimum initial deposit  for this account is $25.

Credit union membership is available to everyone who lives, works or worships in San Diego and Riverside Counties. Membership in Point Loma Credit Union requires a minimum balance of $5 in the share savings account.