Checking Account

Count on free CEFCU Checking

with great benefits.

Checking Account

Save money with free CEFCU Checking, an account that benefits you… not your financial institution.

CEFCU Checking


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.