Five Star Works for Municipalities

Get Started with Your Membership!

Municipalities Checking – Earn a $100 Bonus

Open a Municipalities Checking account, set up direct deposit, and meet a few simple requirements to earn a $100 bonus. It’s easy—just receive $1,500 in qualifying direct deposits within the first 90 days, and your $100 bonus will be deposited directly into your account once all requirements are met.

You’ll also enjoy competitive earnings with 5.00% APY on balances up to $1,000 and 0.50% APY on balances over $1,000, helping your money work a little harder for you.

 
Exclusive Municipalities Member Benefits
  • 1% rate reduction on a first mortgage for a primary residence
    (Rate is 1% below Five Star’s standard mortgage rate at the time of rate lock. Applies to Five Star–held loans only and is not available on secondary market loans.)
  • $500 toward closing costs on manufactured home or mortgage loans
  • Auto, RV, and personal loans at reduced rates 
  • 0.25% APY increase on standard share certificates 

 

Five Star offers Platinum Visa Credit Cards, Money Markets, and Share Certificates (CDs). As a member, you also have access to the CO-OP ATM Network, including locations inside Publix grocery stores, with over 30,000 surcharge-free ATMs nationwide, including the Presto Network. 

 Eligibility Requirements

To qualify, you must:

  • Be employed by a participating municipality or governmental organization in the Five Star Works for Municipalities program
  • Meet Five Star membership eligibility requirements
  • Open a Municipalities Checking account
  • Meet minimum funding requirements
  • Enroll in Mobile Banking and eStatements
  • Set up direct deposit
 
Open Your Account Today

Opening a Municipalities Checking account is easy. Just a $25 opening deposit is required, and there is no minimum balance requirement after opening.

Open your account by:

 
Open Your Checking Account                             Start Loan Application 
 
All deposits are insured by NCUA. For more information visit ncua.gov. Fees could reduce earnings. 
 

1% Rate Reduction on Mortgage Loan

1% rate reduction for first mortgage for primary residence. Rate is 1% off Five Star’s standard mortgage rate at the time a rate is locked in. Rate reduction is for Five Star held loans. It cannot be used on a secondary market loan. 
 
Members of the program also receive $500 toward closing costs on manufactured or mortgage homes. 
 
Five Star will not match rates. 2.99% is the lowest rate for rate reduction program. Mortgage rate is dependent on maintaining a direct deposit of at least $1,000 a month at Five Star. The 1% rate reduction can be used on an adjustable rate mortgage (ARM) if all requirements are met. If the member stops their direct deposit with Five Star, the rate will revert to current market rates. 

Credit Card Pre-Approval

You qualify for a Five Star Platinum Visa Card. It comes with a 0% introductory annual percentage rate (APR) for six months. Variable APR after the introductory rate based on creditworthiness. 
 
Five Star Platinum Visa card carries a 12%-17.99% APR after the introductory rate based on creditworthiness. 
 

Special Share Certificate Rates

The special rate offered to Municipalities Checking members is a .25% APY bump on the current share certificate rates offered. A special 9-month certificate is offered to Municipalities Checking members. This comes with the flexibility of contributing the certificate during the 9-month term. A one-time penalty-free withdrawal of up to 25% of the balance comes with the special certificate. 
 
Minimum balance to open a certificate is $500. The 9-month certificate is considered a standard certificate so it is not eligible for the .25% APY bump. 
 
 

Special Loan Discounts 

As a member of the program, you get a reduced rate on loans. This includes auto, motorcycles, boats, RVs, and personal loans. 
 











































Take Control of Your Finances with Smart, Simple Tools

Managing your account doesn’t have to feel overwhelming. Our financial calculators are designed to make it easier to stay on top of your money every day. Use the checking calculator to track incoming deposits and monitor outgoing transactions with clarity. Then, bring everything together with the budget calculator—organize your bills alongside your income so you can see the full picture at a glance.

When you understand where your money is going, you’re in a better position to take control of it—not the other way around. Explore some of our helpful calculators and start managing your finances with confidence.

Checkbook Calculator 

Budget Calculator 

Refer a Friend and Make Money
Let your friends know how much you love Five Star. For each friend that you refer, you get $50 and they get $50! That's a good deal. It's easy to refer straight from the Five Star app or online banking. Look for Refer a Friend in the menu of the app or online banking.

Certain criteria must be met to qualify including:
  • Complete 10 or more debit card transactions (excluding ATM transactions)
  • Complete two (2) direct deposits of payroll or government benefits of at least $250 or more 
  • Enroll in eStatements
  • Earn up to $500 in a year
 
 
Program only open to members and potential members 18 and over. Account must be in good standing with Five Star with no delinquencies. Allow 30 days for delivery of award bonus after completing all of the requirements.