Yup, I was thinking the same thing and checked my local community college and was told it would have to be regionally accredited. This is only if the job specifically states you must have a master's degree. I remember somebody who obtained a regionally accredited undergraduate degree and had a lot of experience. He was offered a job to teach at a local college, but some reporter trying to make a name for themselves, decided to make a story about this person not having a regionally accredited masters degree. The Dean of the school told the media he was hired based on experience and undergrad degree. I read about similar stories all the time.
If you plan to stick with your same job and/or other employers you plan to work for in the future recognize the degree at CCU, I would go with them. I read a lot of good feedback about that school. If you are not completely sure about that and decide it's a possibility you might want to teach at a University and enjoy teaching, it's safe to go the regionally accredited route. It all depends on what your needs are.
I live in California, which is why I'm going to start at TUI University in April for my undergrad degree. If finances are tight by next year, I might plan on going to TUI for MBA as well. Outside California, and okay with Online only school, you can look the big three "Excelsior, Thomas Edison, and Charter Oak."
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