Count on free CEFCU Checking
with great benefits.
Save money with free CEFCU Checking, an account that benefits you… not your financial institution.
- Free, 24/7 account access through Touch-Tone Teller, Money Center 24®, CEFCU On-Line® Internet Banking, and Mobile Banking
- Free account access at surcharge-free CO-OP ATMs with CEFCU Debit Card
- Free purchase transactions with the CEFCU Debit Card
- Low-cost overdraft protection options
- No per-check charges
- Access to CEFCU Bill Pay
CEFCU Dividend Checking
All the benefits of CEFCU Checking, plus:
Dividends paid on a tiered–rate system for average daily balances at $2,500, $5,000, and $10,000.
Just contact CEFCU to request your current Checking account be changed to Dividend Checking*. You can continue to use your current checks, debit card, and account number, so automatic deposits and payments can continue without interruption.
Avoid unwanted fees and declined transactions with affordable
Find out more about your Overdraft Protection options, review the FAQs, or Contact CEFCU.
Count on CEFCU to help you save money on fees, with later deposit cutoff times than you might find elsewhere.
|Deposit Cutoff Times||Monday to Friday||Saturday|
|CEFCU||8 p.m. (CT)||5 p.m. (CT)|
|Big Banks||4 or 5 p.m. (CT)||N/A|
*Minimum balance requirement to open or convert to Dividend Checking is $2,500. A Dividend Checking Account will be charged a $6.00 fee for each statement period that the average daily account balance drops below the minimum $2,500 level. Dividends are paid on a tiered-rate system: balances from $2,500 to $4,999; $5,000 to $9,999; and $10,000 or higher. If a Dividend Checking account is closed or converted to a non-dividend Checking account, dividends earned in the current statement period at that time are forfeited. Contact CEFCU for full details. Dividend Checking accounts accrue dividends on a daily basis. Dividends post monthly based on the Checking cycle. To earn dividends and avoid the fee, members must maintain an average daily balance (throughout the entire statement cycle) of at least $2,500.