Peak Checking
Introducing Peak PLUS Checking and Savings, brand new accounts from
Sandia Area that reward you for the way you bank. Earn cash back
rewards or choose the high-interest account that grows with you.
With no minimum balances and no monthly fees, it's easy to
enjoy banking that rewards you as you go.
Compare accounts and choose your rewards!
| You want | Monthly fee | Minimum balance | Earns Rewards | FREE Features | Eligible for Peak PLUS Savings Account with 3.00% APY3 | |
|---|---|---|---|---|---|---|
|
Peak PLUS Cash Back Checking |
Cash back on everyday purchases | $0 | None | Earns cash back max $10 a month ($120 a year)1 | Mobile Deposit, Zelle, 30k Free ATMs |
black check mark |
|
Peak PLUS High-Yield Checking |
To earn dividends on larger balances | $0 | None | Earns 5.25% APY on balances up to $15,0002 | Mobile Deposit, Zelle, 30k Free ATMs |
black checkmark |
| Peak Checking | A simple FREE checking account | $0 | None |
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Mobile Deposit, Zelle, 30k Free ATMs |
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Rewards are dependent on meeting monthly qualifications in your checking account, including ONE ACH/direct deposit, 15 debit card transactions, and enrollment in eStatements.
Every Checking Account Comes With:
Debit Mastercard
It's your key to secure spending, accepted just about everywhere! Add your new Debit Mastercard to your Apple Wallet, your favorite streaming subscriptions, and your trusted online retailer. As a Sandia Area Mastercard holder, you're covered with Mastercard ID Theft Protection.
30,000 Free ATMs
Check balances, get cash, deposit checks and cash, make transfers and so much more from more than 30,000 FREE ATMs nationwide through the CUAnytime and CO-OP networks. Used an out of network ATM? Enjoy up to $25 back in ATM Fee Refunds per month.4
Direct Deposit
Direct deposit is a fast, safe, and reliable option for automatically depositing funds such as your paycheck or your tax refunds, into your Sandia Area account.
ChangeUp5
Make a difference by rounding up your purchases to the nearest dollar and send that spare change either to a savings account or to the charity of your choice!
Get Paid Early6
You could get paid up to TWO days early with a Sandia Area checking account. Just set up your Sandia Area account to receive your direct deposit, and enjoy payday Wednesdays!
eStatements7
Safe and secure, eStatements are the easiest and fastest way to retrieve your monthly statements! Enroll in Online Banking and receive an email each month when your statement is ready.
Digital Wallet
Paying is a breeze when you add your Debit Mastercard to Apple Pay and your favorite online retailers including Amazon, Netflix, and more!
Online & Mobile Banking
Access your accounts, check balances, move money, pay bills, apply for loans, and so much more! It's free to enroll.
Download the Sandia Area Mobile Banking App to get started.
Mobile Check Deposit8
Depositing checks is a snap—no need to go to a branch. Follow the instructions for endorsement in your Mobile Banking app.
Zelle®9
Pay anyone registered with Zelle®! Zelle® is free and available with your checking account through your Mobile Banking app. Split a restaurant bill, send money to your mom, pay a babysitter, and so much more!
1) Enroll in Zelle® through Mobile Banking
2) Tap the Zelle® icon in your Mobile Banking account to send money to anyone with a phone number or email address.
3) That’s it!
Important: Zelle® and other payment services are processed instantly and cannot be retrieved once sent. Double check your recipient’s information and NEVER send a Zelle® payment to someone you don’t know or in response to demand for payment. It could be a scam!
Helpful Articles
Federally insured by the NCUA. Membership eligibility required. Visit Sandia.org/Membership for complete details. Checking accounts subject to qualification and may require an opening balance. Advertised information and rewards are based on all account qualifications being met during each cycle period. Please refer to the Truth in Savings disclosures and rate schedule for complete details, restrictions, reward calculations, processing limitations, cycle dates, and enrollment instructions.
1. Peak PLUS Cash Back Qualification Information: If you meet the minimum qualification requirements during the monthly qualification cycle, you will receive 5.00% cash back on up to $200 in debit card purchases that post and settle to the account. A maximum of $10 cash back may be earned per monthly qualification cycle. If you have a Peak Plus High-Yield Savings Account, cash back earned on your Peak PLUS Cash Back Checking Account will be deposited into your Peak PLUS High-Yield Savings Accounts. If you do not have a Peak PLUS High-Yield Savings Account, cash back earned will remain in your Peak PLUS Cash Back Checking Account.
You may qualify for monthly rewards if you meet the applicable minimum qualification requirements for the monthly qualification cycle. To meet the minimum qualification requirements, you must: 1) make 15 debit card purchases that post and settle to your account; 2) have one ACH credit or direct deposit settle to your account; 3) be enrolled to receive e-statements. The monthly qualification cycle is defined as the period beginning one calendar day prior to the first day of the current statement cycle through one calendar day prior to the close of the current statement cycle.
2. Peak PLUS High-Yield Checking Account Qualification Information: APY=Annual Percentage Yield. Rates effective as of 08/30/2024. Rates, rewards, and bonuses, if any, are variable and may change after account is opened. The Peak PLUS High-Yield Checking Account is a tiered rate account. If you meet the minimum qualification requirements during the monthly qualification cycle, the APY of 5.25% will apply if your balance is $15,000.00 and below; the annual percentage yield of 0.50% will apply if your balance is $15,000.01 or greater. If minimum qualifications requirements are not met, the entire balance will earn 0.05% APY. Dividends will be credited to your Peak PLUS High-Yield checking account on the last day of the current statement cycle. If you have a Peak PLUS High-Yield Savings Account, dividends earned on the Peak PLUS High-Yield Checking Account will automatically be transferred to your Peak PLUS High-Yield Savings Account; in that event dividends will not compound in the Peak PLUS High-Yield Checking account and will compound in your account as listed on the Rate Schedule. earned rewards will be transferred to this account one day after end of cycle processing.
You may qualify for monthly rewards if you meet the applicable minimum qualification requirements for the monthly qualification cycle. To meet the minimum qualification requirements, you must: 1) make 15 debit card purchases that post and settle to your account; 2) have one ACH credit or direct deposit settle to your account; 3) be enrolled to receive e-statements. The monthly qualification cycle is defined as the period beginning one calendar day prior to the first day of the current statement cycle through one calendar day prior to the close of the current statement cycle.
3. Peak PLUS High-Yield Savings Account Qualification Information: APY=Annual Percentage Yield. Rates effective as of 08/30/2024. Rates, rewards, and bonuses, if any, are variable and may change after account is opened. The Peak PLUS High Yield Savings account is a tiered rate account and is available only to holders of a Peak PLUS High Yield Checking or Peak PLUS Cash Back Checking account. If you meet the minimum qualification requirements for your Peak PLUS High Yield Checking or Peak PLUS Cash Back Checking account during the monthly qualification cycle, the 3.00% APY will apply if your balance is $200,000.00 and below. The .50% APY will apply if your balance is $200,000.01 or greater. Each dividend rate will apply only to that portion of the account balance within each balance range. If you do not meet all of the minimum qualification requirements during the monthly qualification cycle for the Peak PLUS High Yield Checking or Peak PLUS Cash Back account, the .05% APY will apply to the entire balance in your Peak PLUS High-Yield Savings account.
4. ATM Refund Qualification Information: We will refund up to $6.00 per transaction and up to $25.00 per month in ATM fees assessed at worldwide ATMs we do not own or operate. ATM refunds will be paid on the last calendar day of the month. If you have a Peak PLUS High Yield Savings account, ATM fees refunded to you will be deposited directly into your Peak PLUS High Yield Savings account. If you do not have a Peak PLUS High Yield Savings account, fees refunded will remain in your Peak PLUS Checking account. If you do not meet all of the minimum qualification requirements during the monthly qualification cycle, ATM fees will not be refunded to you.
5. ChangeUp: Upon enrollment, we will round up your Mastercard® debit card purchases to the nearest dollar and transfer the difference from your checking account to your savings account or a charity of your choice. We may cancel or modify ChangeUp at any time without prior notice.
6. Two Days Early: Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day payment file is received, which may be up to two days earlier than scheduled payment date.
7. eStatements: By selecting eStatements, you choose to receive your statements and notices electronically, you will no longer receive paper copies via traditional mail. For important tax reporting reasons, you should always print and retain your December 31 year-end statement and tax documents.
8. Mobile Check Deposit: Funds availability restrictions may apply. Visit our Funds Availability Policy for complete details.
9. Zelle®: Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
Additional Information: Limit of one (1) Peak PLUS Cash Back or one (1) Peak PLUS High-Yield checking account and one (1) Peak Plus High-Yield Savings account per membership. There are no recurring monthly maintenance charges or fees to open or close this account. No minimum balance is required to earn or receive the account's rewards. Business Accounts are not eligible for Peak PLUS Checking Accounts. If the account is closed, you will forfeit any rewards that have not been credited to your account.