High Interest Earning Checking Account

Get rewarded for making everyday purchases with 5.00% APY* on your money with our Malama Rewards checking account.

Let your checking account work for you by earning 5.00% APY* (interest) on your money, like what we normally pay on our Share Certificates. You can easily qualify for even higher dividend payments by taking these simple steps each month:

  1. Perform 10 or more debit card non-PIN purchases 
  2. Have at least one ACH or direct deposit  
  3. Enroll in eStatements to digitally receive your statements and save trees

In addition to  benefits are also included with our other checking options.)

  • No monthly service charges
  • Free Visa debit card, with option to personalize
  • Free online and mobile banking to access your account 24/7
  • Add your card to your mobile wallet with Apple, Google and Samsung Pay for an added layer of security
  • Setup debit card controls to receive alerts for certain types of transactions using your debit card; determine when, where and how your debit card can be used; lock and unlock your card; and add travel plans when you're using your card out-of-state.
  • Access to 30,000-plus surcharge-free ATMs across the islands and all over the U.S.
  • Free checks with direct deposit, or if you're age 55 or over
  • Unlimited check-writing


* Annual Percentage Yield (APY) on up to $24,999.99. To qualify, you must make 10 or more debit card purchases (excluding ATM transactions), receive at least one direct deposit in the Malama Rewards Checking Account, and enrolled in eStatements. Please see our Truth in Savings Disclosure regarding our Malama Rewards Checking.