$300 Bonus* with Checking and Direct Deposit

Change the Way You do FREE Checking!


Now through December 31 take advantage of this limited time offer to earn a $300 Bonus* and score these great checking benefits:

  • No minimum balance requirements
  • No monthly maintenance fees
  • FREE first box of checks
  • FREE unlimited transactions at 30,000 ATMs nationwide
  • FREE Mobile Banking with Bill Pay and Mobile Deposit®

Compare the features of our checking accounts below.

To get started on earning your $300 Bonus*, use promo code CHK19 when opening your checking account.

  • Login to Online Banking and click "Apply"
  • Download an Account Update form
  • Call us: 703-709-8900 or 844-709-8900 (toll-free)
  • Stop by a branch 

Use our ClickSWITCH® service to easily move your account relationship from another financial institution to Northwest Federal.

Add a Kasasa Saver® Account to earn higher dividends when you automatically deposit the cash or cash back you earn monthly from your checking account.

 

 

*Limited time offer available 11/5/19 – 12/31/19. To earn a $300 deposit into your checking account during the first 90 days after opening your first ever consumer checking account with Northwest Federal you must: be 18 years of age or older, be in good standing, make a minimum of three direct deposits into the checking account with a minimum of $500 each deposit, sign up for e-Statements, and login to Online Banking at least once each month. Once all requirements are met and your checking account has been open for 90 days, you will receive your deposit within 45 days. Cannot be combined with other offers. Northwest Federal employees are not eligible to receive bonus. Use promo code CHK19.  APY = Annual Percentage Yield. Elite Checking has an APY of .05% and Kasasa Cash has an APY ranging from 2.00%-.48%. Rate may change after the account is opened. Kasasa Cash® Checking Account requires $100 minimum deposit to open and account qualifications must be met to earn dividends. Fees may reduce earnings on accounts. Rates current as of 11/01/2019 and are subject to change without notice.

Mobile Deposit is a registered trademark of Mitek Services, Inc.

ClickSWITCH is a registered trademark of ClickSWITCH, LLC.

Compare the Features of Our Checking Accounts

Feature Choice Checking Elite Checking

Kasasa Cash®

Kasasa Cash Back®

Dividend-earning account No dividends 0.05% APY1
OR
0.15% APY1 with $1,000 minimum in deposits per month

2.00% APY on the first $25,0002
0.25% APY on portion of balance above $25,0002 (if qualifications are met)3

No dividends
Rewards No rewards No rewards No rewards Earn 2.00% cash back on debit card purchases up to $3004 ($6 maximum per month) if qualifications are met3
Monthly fee (if average monthly checking account balance falls below minimum) No monthly fee

$10 or
maintain minimum checking account balance of $5,000

No monthly fee No monthly fee
FREE ATM transactions

FREE transactions at CO-OP ATM, CULIANCE®, CU24®/CUHERE ATM5 and Northwest Federal ATMs

FREE transactions at CO-OP ATM, CULIANCE®, CU24®/CUHERE ATM5 and Northwest Federal ATMs

Up to $10 per month out of network ATM fee refunds available6

Nationwide, unlimited ATM fee refunds (if qualifications are met)3,7

Nationwide, unlimited ATM fee refunds (if qualifications are met)3,7
FREE Northwest Federal custom logo checks8 Free first box of checks Free check re-orders Free first box of checks Free first box of checks
Unlimited check writing
FREE Debit Mastercard®
FREE Point-of-Sale cash back
FREE Online Banking and Bill Pay Service
FREE eStatements
FREE Telephone Banking
FREE Mobile Banking app & Mobile Deposit®
Service9
FREE Direct Deposit of your funds

Monthly Qualification Cycles for Kasasa® Checking Accounts

1APY=Annual Percentage Yield. Fees may reduce earnings on accounts. Dividends are compounded daily and paid monthly. Rate current as of November 1, 2019 and are subject to change without notice. Rate may change after the account is opened.

2 APY = Annual Percentage Yield. When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) Balances up to $25,000 receive APY of 2.00%; and balances over $25,000 earn 0.25% interest rate on the portion of balance over $25,000, resulting in an annual percentage yield for this tier ranging from 2.00% to .48% APY depending on the account’s balance. When Kasasa Cash qualifications are not met, all balances in the account earn .05% APY. Dividends will be credited to your Kasasa Cash account on the last day of statement cycle. APYs accurate as of 11/1/2019. Rates and rewards are variable and may change after account is opened. $100 minimum deposit is required to open the account. There are no recurring monthly maintenance charges or fees to open or close this account. Rewards less than a penny cannot be distributed. Each individual is limited to being the primary owner on 1 (one) account. Monthly qualification cycle means the period beginning on the last day of the previous month and closing one (1) day prior to 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 debit purchases, and at least one login to Online Banking.

4 When Kasasa Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive 2.00% cash back on up to a total of $300.00 in debit card purchases that post to the account during that cycle period. A maximum of $6.00 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. Each individual is limited to being the primary owner on 1 (one) account. Monthly qualification cycle means the period beginning on the last day of the previous month and closing one (1) day prior to 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 and no surcharge fees will 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 all ATM fees 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 current as of November 1, 2019 and may be subject to change.

Kasasa, Kasasa Cash, and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.