The ELITE CHECKING account offers members with higher balances the opportunity to earn higher-than-average dividends. Minimum opening balance: $2,500 Monthly: None Per check charge: None Balance to earn dividends: $2,500 to earn the Elite Checking interest rate. $150 to earn the Totally Free checking interest rate. Dividends: Refer to your Rate Schedule for current rates. The rate is variable and is set daily. Dividends are calculated daily on an average daily balance and are paid monthly. If the account is closed before the end of the month, dividends will not be accrued.