Northwest Federal offers four checking account options with unique features to benefit your lifestyle and your wallet.

Couple hanging out in backyard

Earn 4.00% APY1 

in a Dividend Rewards Checking account

on balances up to $25,000 when monthly qualifications are met.

Coffee shop

Earn 4.00%2  cash back

in a Debit Rewards Checking account

on up to $200 of everyday debit card purchases each month when monthly qualifications are met.

Choose the Checking That Fits Your Lifestyle

Northwest Federal’s FREE Dividend Rewards Checking benefits debit card users who want to earn the highest dividend rate we offer on checking accounts:

  • 4.00% APY up to $25,0001
  • 0.50% APY on portion of balance above $25,0001

There is no minimum balance required to open your Dividend Rewards Checking account, and you’ll earn our highest checking account dividend rate and enjoy ATM fee refunds* provided you meet these monthly qualifications:

  • Enroll in eStatements for your monthly account statement instead of paper
  • Complete 12 debit card purchases each qualification cycle
  • Make a minimum deposit of $500 in ACH deposits monthly to your account

Plus, once you’ve opened your Dividend Rewards Checking account, open our Rewards Savings Account for even greater benefits.

Open your FREE Dividend Rewards Checking today!

Join Today and Open Checking  or  Login to Online Banking to Open Checking
 

1 APY = Annual Percentage Yield. When your Dividend Rewards Checking account qualifications are met during a Monthly Qualification Cycle, balances up to $25,000 receive APY of 4.00% and balances greater than $25,000 earn 0.50% APY on the portion of balance greater than $25,000, resulting in an APY for this tier ranging from 4.00% to 1.38% APY depending on the account’s balance. APY calculation is based on an assumed balance of $100,000. Rates and rewards are variable and may change after account is opened. This account is not to be used for commercial purposes. Each individual is limited to being the primary owner on one account. In order to receive reimbursement of domestic ATM fees (up to $5/month) incurred, your account qualifications must be met during the Monthly Qualification Cycle. Monthly Qualification Cycle means the period beginning on the first day of the current month and closing on the last day of the current month. Debit card transactions may take one or more days to post to the account and must post during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM transactions, Debit card purchases processed by merchants as ATM transactions, transactions made with debit cards not issued by Northwest Federal.

*See account disclosures for ATM fee refund restrictions.

Northwest Federal's FREE Debit Rewards Checking rewards frequent debit card users on purchases:

  • Earn 4.00% cash back2 on up to $200 of everyday debit card purchases ($8 maximum cash back per month)

There’s no minimum balance to open your Debit Rewards Checking.  Plus, you’ll earn debit card rewards and enjoy ATM fee refunds* as long as you meet these monthly qualifications:

  • Enroll in eStatements for your monthly account statement instead of paper
  • Complete 12 debit card purchases each qualification cycle
  • Make a minimum deposit of $500 in ACH deposits monthly to your account

Once you’ve opened your Debit Rewards Checking account, open a Rewards Savings Account to earn even more on your savings!

Open your FREE Debit Rewards Checking today!

Join Today and Open Checking  or  Login to Online Banking to Open Checking
 

2 When Debit Rewards Checking account qualifications are met during a Monthly Qualification Cycle, you will receive 4.00% cash back on up to a total of $200.00 in debit card purchases that post to the account during that cycle period. A maximum of $8.00 cash back may be earned per Monthly Qualification Cycle. Rates and rewards are variable and may change after account is opened. There are no recurring monthly maintenance charges or fees to open or close this account. Rewards less than a penny cannot be distributed. This account is not to be used for commercial purposes. Each individual is limited to being the primary owner on one account. In order to receive reimbursement of domestic ATM fees (up to $5/month) incurred in a statement cycle your account qualifications must be met during the Monthly Qualification Cycle. Qualifications must be met during the Monthly Qualification Cycle. Monthly qualification cycle means the period beginning on the first day of the current month and closing on the last day of the current month. Debit card transactions may take one or more days to post to the account and must post during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM transactions, Debit card purchases processed by merchants as ATM transactions, transactions made with debit cards not issued by Northwest Federal.

FREE Choice Checking provides value to members who write checks and prefer a no-frills account without having to sacrifice convenient service options like free transactions at network ATMs nationwide.

  • No minimum balance requirements
  • No monthly maintenance fees
  • Free first box of checks
  • Unlimited check writing
  • Free transactions at 30,000+ ATMs nationwide
  • Convenient services available, including: Direct Deposit, eStatements, Visa® Debit, Online Banking, Mobile Banking, and more

Open a free Choice Checking Account today!

Join Today and Open Checking  or  Login to Online Banking to Open Checking


Visa is a registered trademark of Visa International Service Association.

Elite Checking benefits members who frequently write checks, make regular deposits to their checking account, and expect to maintain a minimum daily balance of $5,000.

  • Monthly dividends
    • Earn standard dividend of 0.02% APY* or
    • Earn 0.07% APY* with a deposit of $1,000 per month to Elite Checking
  • Free check reorders
  • Free Cashier's Checks
  • Free transactions at 30,000+ ATMs nationwide
  • Up to $10 per month out of network ATM fee refunds available**
  • Convenient services including: Direct Deposit, eStatements, Online Banking, Visa® Debit, Mobile Banking, and more

Open your Elite Checking Account today!

Join Today and Open Checking  or  Login to Online Banking to Open Checking
 

Please note: You must maintain a minimum average daily balance of $5,000 in Elite Checking to avoid $10 monthly maintenance fee.

*APY=Annual Percentage Yield. Fees may reduce earnings on accounts. Dividends are compounded daily and paid monthly. Rate is subject to change without notice. Rate may change after the account is opened.

**Elite Checking account holders will be refunded a total of $10 in out of network fees and ATM surcharge fees each month. Elite Checking ATM refunds of up to $10 will be credited at month-end.

Visa is a registered trademark of Visa International Service Association.

Already a member? Login to Online Banking to add checking
Not yet a member?

Early Pay is Here!

You now have access to your direct depositincluding paychecks, tax refunds, retirement, and social securityup to two business days sooner.

Early Pay is a free service available on eligible Northwest accounts. Early access to direct deposit will not occur on weekends or holidays and is based on when the originator provides payment details.

Early Pay

Compare Our Checking Accounts

Compare the benefits of each checking account below and then open the Northwest Federal Checking account that works best for you!

FeatureChoice CheckingElite CheckingDividend RewardsDebit Rewards
Dividend-earning accountNo dividends0.02% APY1 or
0.07% APY1 with
$1,000 deposit per month
4.00% APY up to $25,0002

0.50% APY on portion of balance above $25,000
(if qualifications are met)3
No dividends
RewardsN/AN/AN/AEarn 4.00% cash back4 on debit card purchases up to $200 ($8 maximum per month) if qualifications are met3
Monthly feeNo monthly fee$10 monthly fee if average daily balance falls below $5,000No monthly feeNo monthly fee
FREE
ATM transactions
FREE transactions at
CO-OP ATM, Alliance One®, CULIANCE®ATMand
Northwest Federal ATMs
FREE transactions at CO-OP ATM, Alliance One®, CULIANCE® ATM5 and Northwest Federal ATMs

Up to $10 per month out of network ATM fee refunds available6
FREE transactions at CO-OP ATM, Alliance One®, CULIANCE® ATM5 and Northwest Federal ATMs

Reimbursement for nationwide ATM fees incurred (up to $5) when qualifications are met3,7
FREE transactions at CO-OP ATM, Alliance One®, CULIANCE® ATM5 and Northwest Federal ATMs

Reimbursement for nationwide ATM fees incurred (up to $5) when qualifications are met3,7
FREE
Northwest Federal
custom logo checks8
Free first box of checksFree check re-ordersFree first box of checksFree first box of checks
Unlimited check writing
FREE Cashier's ChecksN/AN/AN/A
FREE Visa® Debit 
FREE Point-of-Sale
cash back
FREE
Online Banking and
Bill Pay
FREE eStatements
FREE Telephone Banking
FREE Mobile Banking app & Mobile Deposit®9
FREE Direct Deposit
of your funds

APY=Annual Percentage Yield. Fees may reduce earnings on accounts. Dividends are compounded daily and paid monthly. Rate current as of 2/01/2024 and subject to change without notice. Rate may change after the account is opened.

2 APY = Annual Percentage Yield. APYs accurate as of 10/31/23. When your Dividend Rewards Checking account qualifications are met during a Monthly Qualification Cycle, balances up to $25,000 receive APY of 4.00% and balances greater than $25,000 earn 0.50% APY on the portion of balance greater than $25,000, resulting in an APY for this tier ranging from 4.00% to 1.38% APY depending on the account’s balance. APY calculation is based on an assumed balance of $100,000. Rates and rewards are variable and may change after account is opened. This account is not to be used for commercial purposes. Each individual is limited to being the primary owner on one account. In order to receive reimbursement of domestic ATM fees (up to $5/month) incurred, your account qualifications must be met during the Monthly Qualification Cycle. Monthly Qualification Cycle means the period beginning on the first day of the current month and closing on the last day of the current month. Debit card transactions may take one or more days to post to the account and must post during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM transactions, Debit card purchases processed by merchants as ATM transactions, transactions made with debit cards not issued by Northwest Federal.

3 Monthly qualifications are: enrollment in eStatements, completion of 12 or more point of sale debit purchases that post and settle to the account, and deposit a minimum of $500.00 in ACH deposits that post to the account.

4When Debit Rewards Checking account qualifications are met during a Monthly Qualification Cycle, you will receive 4.00% cash back on up to a total of $200.00 in debit card purchases that post to the account during that cycle period. A maximum of $8.00 cash back may be earned per Monthly Qualification Cycle. Rates and rewards are variable and may change after account is opened. There are no recurring monthly maintenance charges or fees to open or close this account. Rewards less than a penny cannot be distributed. This account is not to be used for commercial purposes. Each individual is limited to being the primary owner on one account. In order to receive reimbursement of domestic ATM fees (up to $5/month) incurred in a statement cycle your account qualifications must be met during the Monthly Qualification Cycle. Qualifications must be met during the Monthly Qualification Cycle. Monthly qualification cycle means the period beginning on the first day of the current month and closing on the last day of the current month. Debit card transactions may take one or more days to post to the account and must post during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM transactions, Debit card purchases processed by merchants as ATM transactions, transactions made with debit cards not issued by Northwest Federal.

5 No Northwest Federal fee and no surcharge fees apply.

6 Elite Checking account holders will be refunded a total of up to $10 in out of network fees and ATM surcharge fees each month. Refunds will be credited at month end.

7 In order to receive reimbursement of domestic ATM fees (up to $5/month) incurred in a statement cycle your account qualifications must be met during the Monthly Qualification Cycle.

8 To receive Northwest Federal logo checks at no charge, your order must be limited to one box per order. Any number of boxes exceeding one per order will be charged to your account.

9 Message and data rates may apply for mobile banking. Message frequency depends on account settings. To get help with Mobile Banking, call us toll-free at 844-709-8900. Mobile Deposit is a registered trademark of Mitek Systems, Inc. Qualification criteria apply for Mobile Deposit. Mobile Deposit is available for iPhone 4 and later, iPad 3 and later and most Android devices enabled with a camera. iPhone and iPad are registered trademarks of Apple Inc. Android is a trademark of Google Inc.

Fees are subject to change.

Visa is a registered trademark of Visa International Service Association.

ClickSWITCH is a registered trademark of ClickSWITCH, LLC.