Checking Accounts
Some financial institutions boast that they have the best free checking account
in town. With a closer look, these “FREE” or best deal checking accounts
require a high minimum balance or pay no interest. The Credit Union offers a
checking account tailored to meet our member’s needs. With no minimum balance,
no per check charge and no deposit item charge, the monthly service fee of
$3.00 is nominal. You can also qualify to earn a dividend on your checking
account by maintaining a $50.00 balance in your account. Checking account
statements are sent to you monthly. You will not receive your cancelled checks,
but upon request, a photocopy is available for a nominal fee.
Payroll Deduction and direct deposit are available to most members. A cash
withdrawal limit increases to $300.00 per account per day when maintaining a
checking account. Automatic transfers from your savings account to your
checking account to pay outstanding checks has a low fee of just $1.00 per
transaction, or give us a call ahead of time, and the transfer is free!
Overdraft protection is available with most checking accounts. Upon completion
and approval of this simple form, you can enjoy a line of credit limit that
will provide a safety net for your account.
CuCheck Card
Our new check card is available! With a check card there is no need to carry a
checkbook everywhere you go; no need to take the time to write a check; no need
to worry about providing several pieces of identification for a merchant to
accept your check. Your Check card is accepted wherever VISA is accepted. Use
it to purchase gas, pay for merchandise, entertainment, at the grocery store,
to access CASH, and much more.
Instead of getting monthly bills, the amount of your purchase and cash
withdrawals are automatically deducted from your checking account. A
description of your transaction appears on your monthly statement. All of your
purchases are FREE from transaction fees. Transactions conducted at ATM
machines, or where you need to provide your PIN number, are merely $2.00 per
transaction. Boys Town Federal Credit Union
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