INSIGHT FINANCIAL CREDIT UNION OFFERS CENTRAL FLORIDA RESIDENTS THE OPPORTUNITY TO EARN EXTRA MONEY
Released on: June 3, 2008, 4:41 pm
Press Release Author: Insight Financial Credit Union
Industry: Financial
Press Release Summary: Central Florida credit union offers product to help customers during financially tough times.
Press Release Body: ORLANDO, Fla. (June 3, 2008) - In an effort to help its members and all Central Florida residents during these financially difficult times, Insight Financial Credit Union has just introduced a new and unique Smart Checking product designed to earn high interest on checking accounts up to 3.30% Annual Percentage Yield (APY)*. \"We care about our members and want them to succeed financially and we believe our new Incentive Checking account will help them achieve their personal goals." said Lynn Owen, III, President/ CEO of Insight Financial Credit Union. Insight Financial's Incentive Checking account allows members to earn 3.30% APY* on every dollar of their average daily balance up to $25,000. There is no minimum to open an account, no monthly service charge, no minimum balance required and free ATM use everywhere**.
"The Incentive Checking account is our solution for members to stretch their money a little further," said Owen. Anyone who lives or works in the Central Florida area is eligible to become a member of the credit union and take advantage of Incentive Checking. "Once an individual becomes a member they will immediately experience the difference of banking at a credit union," Owen explained. "At Insight Financial you are not a customer, you are a member and we always have our members' best interests in mind when it comes to dealing with their money." For more information on all of Insight Financial's innovative products and services, contact a Money Coach at 407.426.6000 or toll-free 888.843.8328 or visit www.InsightAccounts.com. Insight Financial is based in Orlando and has ten Central Florida locations. The Credit Union has been in business for over 65 years and currently serves over 55,000 members. Anyone who lives or works in Orange, Seminole, Lake, Brevard, Volusia, Sumter or Marion County, is eligible for membership in Insight Financial Credit Union. Insight Financial is recognized as one of the top 100 employers for working families.
*APY = Annual Percentage Yield. These accounts are variable rate and the rate may change after the account is opened. The Incentive Checking account is a Tiered Rate account. If your average daily balance is $25,000 or below and requirements are met, the APY will be 3.30% as of April 1, 2008. If your average daily balance is $25,000 or below and requirements are not met, the APY will be 0.25% as of April 1, 2008. If your average daily balance is $25,000.01 or greater the APY of 0.25% effective April 1, 2008 will apply to the average daily balance exceeding $25,000. Fees could reduce the earnings on the account. Rates subject to change. **Insight Financial Credit Union will not charge you a fee when you use a foreign ATM with an S49 Incentive Checking Account. The owner of the ATM, however, may still charge you a fee.