Savings vs. Checking Accounts: Which Should You Use?
Peak Credit Union is pleased to offer you exclusive Peak Perks benefits.
Peak Perks is a program of exclusive, money-saving offers from Peak Credit Union. Because your employer is a Peak Preferred Business Partner, you’re eligible to enjoy these special perks. It’s a smart way to start saving more — and a great reason to become a member.
Enjoy a member-first approach to checking accounts at Peak — where we reward you instead of taking money back in fees. Take advantage of free online banking, free mobile banking, free telephone banking, free Bill Pay†, Visa® debit cards, and unlimited check writing with all checking accounts.
Become a member of the Peak Credit Union community. Apply online or visit your local branch today. To redeem PeakPerks coupons, present them to any of our branch staff, call (800) 258-3115 or email communitybuilders@peakcu.org.
How are credit unions different from banks? Peak is a not-for-profit cooperative owned by the people we serve: our 250,000+ members. We take pride in being able to invest more in them, by providing better deposit rates, low-to-no fees, and lower interest rates on loans.
| Bank | Credit Union |
|---|---|
| Stockholders own them | Members own them |
| For profit | Not for profit |
| Not a cooperative | Financial cooperative |
| Run by highly paid CEOs and directors | Run by a board of members |
| Formed to profit from financial services | Formed to serve members' financial needs |
| Compete with other banks | Cooperate with other credit unions |
| Profits-first culture | Members-first culture |
when you open a Peak Credit Union checking account and complete a brief survey.
Closing costs on a first mortgage.
when you get your auto, boat, RV, or motorcycle loan with Peak Credit Union.
†Message and data rates may apply.
Open Account
*New account reward deposit will be made no later than 90 days after account opening. Offer not available on existing Peak accounts. Must present coupon or request Peak Perks benefit to qualify. Accounts must remain open a minimum of 90 days. Fees could reduce the earnings on the account. Peak Cash Back checking account rewards you with up to $10 in cash back per month into your account and up to $25 in ATM surcharge fees refunded per month. Initial deposit of $25 required. Other checking accounts also available. Must be 18 years or older to participate. Offer is subject to cancellation at any time and cannot be combined with any other offer. Other new account restriction may apply. Please stop by your local branch, call (800) 258‑3115 to learn more. Visit our website at peakcu.org.
Home Loans
**Peak Credit Union will waive up to $750 in closing costs. Member must request benefit at time of application. This offer applies to all Peak Mortgage standard products and cannot be used in combination with any promotional offers. Offer only available to individuals who are part of Peak Perks program and subject to change. Must be 18 years or older to participate. Other new account restrictions may apply; please stop by your local neighborhood branch or call (800) 258‑3115 to learn more.
Loans
***Receive $150 when you book an approved application for a vehicle loan with Peak Credit Union. Vehicle loan may be for an auto/truck/SUV, RV, boat, or motorcycle, and must be either a new purchase or a refinance from another lender. Offer may be used multiple times. Existing Peak vehicle loans are not eligible. The loan amount must be at least $10,000; and loan must book within 90 days from the date Peak approved the application. All loans are subject to Peak’s guidelines for credit; vehicle type and age; and other terms and conditions. This offer is valid for employees of Peak Credit Union Preferred Business Partners ONLY and is not transferable. Offer revoked upon termination of employment with Preferred Business Partner. Peak Credit Union reserves the right to change or revoke the offer at any time. Peak credits the borrower’s credit union savings account after the qualifying loan is booked. Cash incentive may not be combined with any other special offers on vehicle loans.