Lake Michigan Credit Union Paying 4.0 % [Max Checking]

Lake Michigan Credit Union Paying 4.0 % [Max Checking]: It’s been a while since we reported on any spectacular high yield checking accounts mainly due to their tanking rates, however, we found one credit union still boasting a 4% APY checking deal (if you can meet the requirements).

Before you proceed with one of these accounts remember that interest checking accounts or “Rewards Checking Accounts” are not for every one. They come with fairly rigid monthly requirements which must me met or exceeded to earn the exceptional interest rate. Typically, you will be required to make a certain amount of debit transactions from the account (usually between 10 and 15) as well as set up at least one recurring transfer during the 30 day period and use their online banking system. The requirements vary with each banking institution, so make sure they can be met with ease on your part before opening one.

Lake Michigan Credit Union is offering a rewards checking account which they refer to as a “Max Checking Account.” It comes with an industry best 4.0% APY on balances up to $15,000.

Account Features:

-  No fees, and no minimum balance requirements.

-  It pays 4% APY* on balances up to $15,000

-  Refunds up to $15 per month in surcharge ATM withdrawal fees at non-LMCU ATMs when you withdraw from your Max Checking account.

Requirements to earn 4% APY:

- Direct deposit into any LMCU account

- Minimum of 10 debit card purchases per month

- Minimum of 4 logins to home banking per month

- Be eligible for and sign up to receive eStatements/eNotices

Visit their Max Checking page for further details.

Wxrisk Weather Forecast Channel

Wxrisk Weather Forecast Channel: Good afternoon gang. I wanted to drop by for a quickie update on the streak of snow heading our way tonight and for our Winter Storm Threat for Christmas Eve and Christmas Day.

Light snow is working in from the northwest and will enter parts of northern and central Kentucky late this afternoon into the evening. This will produce some light accumulations during this time. That batch of snow will slowly work northeastward as the individual returns work southeast. This will eventually mix with a touch of freezing rain later tonight and Tuesday morning. Track this action on radar...



Looking ahead toward our storm for Christmas. The trend for a colder and farther south tracking storm continues and this would mean an all snow event for the state. Here is how the new GFS Ensembles look...



The GFS itself is trending to the south, but looks to have some precip issues in terms of output. That said... here are the snowfall numbers from the GFS through Christmas Night...



An inch or two of "a lot more"? That is the big question we will tackle in the coming days as a White Christmas is almost a given.

One thing to watch for is the track of the low trying to go too far to our south. There is some potential this could be an issue giving us a light snowfall while Tennessee gets the heavy snow. That's not the case right now, however. To me... that is really the only thing that can prevent us from getting a significant snowfall at this point.

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