Earning 6.17%APY* on your first $25k? That's worth switching to!

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high-dividend checking

Ask for Kasasa Cash®

Earn high dividends up to 6.17% APY*

You can earn high dividends of up to 6.17% annual percentage yield on your Kasasa Cash® checking account. With a balance up to $25,000, you can grow your funds up to $125 in monthly dividends!

Sign up for Kasasa Cash®

Easy qualifications

 Earn 6.17% APY* on balances up to $25,000

To grow your funds at this rate:

 Earn 2.02% APY* on balances up to $25,000

To grow your funds at this rate:

 Earn 0.50% APY* on any balances over $25,000

 Earn 0.01% APY* even if you don't qualify


There is no minimum balance required to earn your rewards. In addition, your Kasasa Cash checking account offers refunds up to $20 monthly on ATM fees, nationwide!

If you don’t qualify one month, don’t worry. You can get right back to earning rewards the very next cycle.

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Want more cash? Signup today!

 

 

Earn up to 3.30% APY* on your savings up to $50,000

What if you have a bigger balance? You can earn up to 3.30% on your savings account balance up to $50,000! That's up to $135 in dividends per month! The Kasasa Saver® savings account links to your high-dividend checking account to build savings automatically.

Start Enjoying High-dividends Now!

 Earn 1.00% APY* on any balances over $50,000

 Earn 0.01% APY* even if you don't qualify

*Annual Percentage Yield. APYs are accurate as of 5/1/2025. Rates may change after account opening. Kasasa Cash Checking: 6.17% APY or 2.02% APY on balances up to $25,000, 0.50% APY on balances above $25,000. Kasasa Saver Account: 3.30% APY on balances up to $50,000, 1.00% APY on balances above $50,000.  0.01% APY if qualifications are not met. Subject to qualifying factors being met during each qualification cycle. Fees may reduce earnings.

Click to open account disclosures: *Kasasa Checking Fine Print

 

Not yet a member? Join Canopy Credit Union today!

High-dividend checking accounts give you earnings at a higher rate, fewer fees, and more money working for you. The more you meet the required conditions and maintain the minimum account balance, the more you can grow your funds annually with dividends.

At Canopy Credit Union, membership means more than just high-yield accounts. You’ll gain access to exclusive benefits, including financial coaching, insurance services, and smart tools to help you make the most of your money.

Ready to make money work for you? Become a member today!

 

Frequently Asked Questions

 

What is a high-dividend checking account?

A high-dividend checking account combines the advantages of both savings and checking accounts. Unlike traditional checking accounts, savings accounts from credit unions earn dividends. However, unlike savings accounts, checking accounts have no withdrawal limits.

Can you lose money with a high-yield checking account?

Your high-dividend checking account at a federal credit union like Canopy Credit Union is federally insured up to $250,000 by the NCUA. That means your money is automatically protected, giving you peace of mind no matter what the economy does.

How do high-dividend checking accounts earn dividends?

We use the average daily balance method to calculate the dividends on your Kasasa account. That means your dividends are based on the average balance in your account each day during the dividend period.

How much do I earn with a high-dividend checking account?

Below is an at-a-glance table to help you understand the dividends you'll earn by how much money you have in your high-yield checking account:

Kasasa Cash® Checking Account
Account Balance
Annual Percentage Yield (APY)

Up to $25,000

6.17%*

Up to $25,000

2.02%*

Up to $25,000

0.01% (if the qualifications are not met)

Above $25,000

0.50%

 

Kasasa Saver® Savings Account
Account Balance
Annual Percentage Yield (APY)

Up to $50,000

3.30%

Up to $50,000

0.01% (if the qualifications are not met)

Above $50,000

1.00%

 

What cards does a Canopy high-dividend checking account have?

Our high-dividend checking account comes with a debit card you can use for everyday purchases, ATM access, online banking, loan payments, and more. These accounts are designed for personal use to help you make the most of your everyday banking. 

What are the benefits of Canopy high-dividend checking accounts?

Our Kasasa Cash® high-dividend checking account has the following benefits:

  • Free Bill Pay
  • Real-time fraud security alerts
  • Dividends paid monthly
  • Electronic statements
  • Online check reorders
  • Option to activate automatic overdraft protection from your savings or Visa
  • Option to set up automatic transfers to loan or share accounts
  • Option to set up direct deposit of your paycheck(s)

Explore our other checking account options that reward you with cash with Cashback Checking Accounts

Are there withdrawal limitations for Canopy's high-dividend checking account?

With a high-dividend checking account at Canopy Credit Union, you can access your money anytime without withdrawal restrictions. There are no penalties for this account, simply growth. Keep a minimum balance to qualify for the highest APY and maximize your dividend rate at the end of the year.

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