# Pen Air Credit Union High-Yield Checking: 5.05% APY

Canonical: https://dealaka.com/offers/pen-air-credit-union-high-yield-checking-rate

- Status: Limited reports
- Bonus: 5.05% APY
- APY: 5.05% (ongoing APY for balances up to $10,000)
- Requirement: Monthly ACH deposit $250+ & e-statements required
- Expires: no published end date
- Availability: Nationwide
- Institution: Pen Air Credit Union
- Verified: Aug 13, 2026 against penair.org
- Field reports: 0

## Summary
Pen Air's high-yield checking account pays up to 5.05% APY on daily balances of $10,000 or less when you meet the monthly qualification requirements. You must receive at least one ACH deposit of $250 in a single day and be enrolled in e-statements each qualification cycle. Balances over $10,000 earn 0% APY, and if you fail to meet the requirements, the entire balance earns 0% APY.

## Requirements
1. Receive at least one single ACH deposit of $250.00 in one day.
2. Enroll in and receive e-statements.

## Fine print that matters
- The qualification cycle is defined as a period beginning on the last day of the previous calendar month in which dividends are paid and ending on the 40th calendar day prior.
- If you meet any of the minimum qualification requirements for your account during the qualification cycle, for balances $10,000.01 or more, a 0% APY will apply.
- If your average daily balance is $10,000.01 or more, a blended rate may show on your periodic statement.
- If you fail to meet any of the minimum qualification requirements during the qualification cycle, 0% APY applies to the entire balance.
- One high-yield checking account is allowed per primary social security number.
- If you close your high-yield checking account before accrued dividends are credited, you will not receive the accrued dividends.
- Only available on personal accounts; business, trust, and other special accounts are not eligible.
- Rates, terms, and conditions are subject to change without notice.

## Sources
- penair.org rate page <https://www.penair.org/personal/checking> (checked Aug 13, 2026)

_This entry is reference information, not financial advice. Confirm current terms on the institution's site before you apply._