Checking

We offer several great checking options suited to meet your needs and lifestyle! The table below offers a comparison of the checking accounts offered by the credit union. If you have questions, please contact your local CFCU branch and we can guide you to the account that best fits your needs.

Many of our checking accounts earn dividends and all come with free Visa Check Cards. You can choose from several great designs.

Checking Products

Account Pay Me Performance Checking Plus Checking Student Checking Connect Card
Key Benefits Pays $0.10 each time you use your debit card when qualifications are met** Pays dividends of 1.50% APY on balances up to $30,000 when reward rate qualifications are met each cycle.** Earn interest with one of our most popular checking accounts Free checking designed for students Re-loadable electronic account
Minimum Opening Balance $25 $25 $25 $25 $25
Minimum Balance Requirement $0 $0 $0 $0 $0
Monthly Service Charge $0 $0 $4
(waived when qualifications are met)
$0 $4.95
Interest Earning No     No No
Direct Deposit Required No, but at least $500 direct deposit required to earn rewards No, but at least $500 direct deposit required to earn reward rate No, but $500 direct deposit required to waive monthly service charge No No
Checks 1st Box Free* 1st Box Free* 1st Box Free* 1st Box Free* No Checks
Free Debit/ATM Card(s)          
Remote Check Deposit with CFCU App          
Free eStatements          
ATM Fees (when you use an out of Network ATM) Up to $25 returned each cycle when qualifications are met* Up to $25 returned each cycle when qualifications are met* 5 free transactions
per cycle
5 free transactions
per cycle
No
Honor Pay Overdraft protection for checks and debit cards***         No

*First box of CFCU Branded checks.
**Please see account details page for full requirements.
***See account details page for specific information on overdraft protection.

Checking Products

Features Pay Me
Key Benefits Pays $0.10 each time you use your debit card when qualifications are met**
Minimum Opening Balance $25
Minimum Balance Requirement $0
Monthly Service Charge $0
Interest Earning No
Direct Deposit Required No, but at least $500 direct deposit required to earn rewards
Checks 1st Box Free*
Free Debit/ATM Card(s)  
Remote Check Deposit with CFCU App  
Free eStatements  
ATM Fees (when you use an out of Network ATM) Up to $25 returned each cycle when qualifications are met*
Honor Pay Overdraft protection for checks and debit cards***  
Features Performance Checking
Key Benefits Pays dividends of 1.50% APY on balances up to $30,000 when Reward Rate Qualifications are met each cycle.**
Minimum Opening Balance $25
Minimum Balance Requirement $0
Monthly Service Charge $0
Interest Earning  
Direct Deposit Required No, but at least $500 direct deposit required to earn reward rate
Checks 1st Box Free*
Free Debit/ATM Card(s)  
Remote Check Deposit with CFCU App  
Free eStatements  
ATM Fees (when you use an out of Network ATM) Up to $25 returned each cycle when qualifications are met*
Honor Pay Overdraft protection for checks and debit cards***  
Features Plus Checking
Key Benefits Earn interest with one of our most popular checking accounts
Minimum Opening Balance $25
Minimum Balance Requirement $0
Monthly Service Charge $4 (waived when qualifications are met)
Interest Earning  
Direct Deposit Required No, but $500 direct deposit required to waive monthly service charge
Checks 1st Box Free*
Free Debit/ATM Card(s)  
Remote Check Deposit with CFCU App  
Free eStatements  
ATM Fees (when you use an out of Network ATM) 5 free transactions Per cycle
Honor Pay Overdraft protection for checks and debit cards***  
Features Student Checking
Key Benefits Free checking designed for students
Minimum Opening Balance $25
Minimum Balance Requirement $0
Monthly Service Charge $0
Interest Earning No
Direct Deposit Required No
Checks 1st Box Free*
Free Debit/ATM Card(s)  
Remote Check Deposit with CFCU App  
Free eStatements  
ATM Fees (when you use an out of Network ATM) 5 free transactions Per cycle
Honor Pay Overdraft protection for checks and debit cards***  
Features Connect Card
Key Benefits Re-loadable electronic account
Minimum Opening Balance $25
Minimum Balance Requirement $0
Monthly Service Charge $4.95
Interest Earning No
Direct Deposit Required No
Checks No Checks
Free Debit/ATM Card(s)  
Remote Check Deposit with CFCU App  
Free eStatements  
ATM Fees (when you use an out of Network ATM) No
Honor Pay Overdraft protection for checks and debit cards*** No

*First box of CFCU Branded checks. **Please see account details page for full requirements. ***See account details page for specific information on overdraft protection.

 

To learn more about all of our great checking options and find the one that’s perfect for you, please select one of the checking options from the left-hand menu.

Open A New Account

Click here if you are returning to complete an application you started earlier.

When we receive the completed online application, we will begin the necessary authentication of your information. To complete the account opening process, please upload a copy of the notarized signature card and IDs, or return it to the credit union by mail or by visiting any of our convenient branch locations. Please include a copy of two forms of ID. One must be a valid state or government issued photo ID. Upon account approval, we will mail you a welcome letter and official membership information. It typically takes only two business days for the account to become active! Thank you for your interest in Communication Federal Credit Union!