Power Financial Launches Cash Back Checking

Power Financial Credit Union is unveiling what it calls "the next generation" of checking.

By Myriam DiGiovanni | August 06, 2007 at 06:33 AM

PEMBROKE PINES, Fla. — Power Financial Credit Union is unveiling what it calls “the next generation” of checking.

Designed to raise the bar on consumer checking account expectations, the Cash Back Checking is a totally free checking account that rewards members for using multiple services.

Members can earn high dividends of 6.01% Annual Percentage Yield and receive refunds on ATM surcharge fees charged by other banks' ATMs.

To take advantage of the rewards, Cash Back Checking accountholders must make at least 12 Power Financial Visa debit card transactions per cycle, accept online eStatement delivery and complete three bill pay transactions per cycle.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

1 5 Credit Unions Hire & Promote Professionals

2 Credit Unions Watch as Cars Thrive, Homes Dive

3 Ent, Wings Credit Unions Announce $19 Billion Merger Plan

4 Payment Disputes: Member Loyalty Builder or Breaker?

5 Radiant & First Coast Community Plan Merger, Creating Billion-Dollar Credit Union

Workers' Compensation Risk Management Award for Excellence Nominations
May 05, 2025 - Nomination Deadline

The 2025 Workers Comp Risk Management Award for Excellence honors outstanding loss control, safety and return-to-work programs.
More Information
Insurance
BenefitsPRO Broker Expo 2025
May 06, 2025 - Boston

The premier educational and networking event for employee benefits brokers and agents.
More Information
Consulting
Consulting Top Consultants 2025
June 26, 2025 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information

Harper, Otsuka Sue Trump Administration Over NCUA Firings

By Michael Ogden | April 28, 2025

The lawsuit argues, among other things, to block any NCUA actions taken without a quorum.

Harper, Otsuka Sue Trump Administration Over NCUA Firings

Crypto Industry Is Hedging Its Bets on Format & Timing of U.S. Legislation

By Olga Kharif and Stephanie Lai and Steven T. Dennis and Lydia Beyoud | April 25, 2025

Lawmakers want to combine two crypto bills to ensure companies “know exactly what the rules are" in the U.S.

Crypto Industry Is Hedging Its Bets on Format & Timing of U.S. Legislation

Lessons Learned From Buying a Bank: Don Clark of Sound Credit Union Shares Details

By Michael Ogden | April 25, 2025

The President/CEO of Sound CU joins us for this exclusive CU Times PRO discussion.

Lessons Learned From Buying a Bank: Don Clark of Sound Credit Union Shares Details

Stop Fraud in Its Tracks: Mitigate Check Fraud at the Point of Presentment link

Infographic

Sponsored by Alogent

Stop Fraud in Its Tracks: Mitigate Check Fraud at the Point of Presentment

Check fraud is skyrocketing--and it’s hitting credit unions hard. This infographic outlines actionable strategies to detect and stop fraud at the moment of deposit, across all channels.

Browse More Resources ›

8 Tips to Reduce Fraud at Credit Unions link

Tips and Tricks Guide

Sponsored by Melissa

8 Tips to Reduce Fraud at Credit Unions

Is fraud threatening your credit union? Discover actionable tips to safeguard systems, data, and trust. Learn fraud prevention strategies now.

Browse More Resources ›

Stemming the Tide on the New Era of Fraud link

White Paper

Sponsored by Melissa

Stemming the Tide on the New Era of Fraud

As credit union membership increases across the nation fraud is happening more often with increasing costs. To strengthen your CU’s defenses discover five critical capabilities you should understand to ensure your fraud solution closes security gaps.

Browse More Resources ›