Checking Accounts

Regular Checking (Share Draft) Account

A CEFCU Checking (Share Draft) account is one you will want to use to manage your family's financial affairs on a daily basis. It offers the type of convenience and savings not found at other financial institutions.

>Here is why Credit Union Checking is the BEST!

• Competitive Dividend Rate - Dividends paid from date of deposit to date of withdrawal.
• No minimum balance required to maintain account or to receive dividends.
• Unlimited check writing at no charge.
• Overdraft protection from your Regular Savings or other designated savings accounts.
• Payroll Deduction/Direct Deposit available.
• No per-check fee.
• Credit Union Checking can save you up to $100.00 in service charges per year.
• 24-hour account access! Banking convenience via ATM or M.A.G.I.C., our 24-hour Audio Response System.
• Monthly statements.
• Check back services are available. For only $10.00 a month you could opt to have your cancelled checks mailed to you along with your monthly statement. Download, complete and submit a Checking Account Maintenance Form for the check back option.
• Build your checks online. To reorder checks, please click here.
  

We understand how busy your life can be and are constantly looking for ways to make your financial life easier without adding costs and additional confusion. County Educators FCU now offers an overdraft protection program we call “Courtesy Checking” on virtually all of our Share Draft/Checking accounts.* With Courtesy Checking, the credit union will extend you the courtesy of paying your check – even if you do not currently have the funds in your checking account. This new service is not a loan and you will not be charged interest on the amount used when activated. We just ask that you clear up your negative balance within 30 days. That’s all there is to it! Courtesy Checking will even save you money vs. the current Non-Sufficient Funds (NSF) fees, any re-deposit fees if incurred and those hefty merchant fees charged on returned checks. Of course, no one wants to make a mistake with their checking account, but errors can occur – especially with today’s busy lifestyles. At the current time, we are extending the courtesy of a $500.00 overdraft limit. There will be a $20.00 fee for each Share Draft/Check the credit union honors through this program – that’s $5.00 less than our current $25.00 Non-Sufficient Fund fee and we will not return your check unless the amount exceeds the $500.00 limit. Of course we would always look to pay overdrafts by other pre-approved means first, such as transfers from your eligible savings accounts, before paying your overdraft with Courtesy Checking.

Qualifications: Courtesy Checking is only offered to existing Share Draft/Checking accounts that have been open at least 90 days, and have had deposits and withdrawals against the account without incident. Members will have 30 days to bring their account balance positive after Courtesy Checking is used. Qualifying accounts are automatically converted to Courtesy Checking accounts. This change is reflected on the next Monthly Statement. The Credit Union reserves the right to take away Courtesy Checking if members do not comply with this 30-day rule. Members have the right to opt-out of Courtesy Checking at any time by completing the Courtesy Checking Opt-Out form and faxing or bringing it to any branch location.