That's right. MVFCU offers free checking, plain and simple. No minimum balance, no hidden fees and no jumping through hoops. Your Free checking account has all the bells and whistles, giving you the freedom to save and spend without maintaining a minimum balance or incurring check writing fees.
- No per check fee
- Free check orders with direct deposit
- Free check orders for seniors
- ATM/Visa Check Card
- Hundreds of FREE ATM locations through the
SUMsm and the CO-Op networks ®
- Free Deposits at NYCE© Deposit Network
- Free overdraft protection from designated share savings accounts
- Monthly statements by mail or email your choice
For added protection, MVFCU offers Courtesy Pay on our Share Draft checking accounts.* We know that mistakes can happen and our goal is to save you from the embarrassment of a bounced check. Here's how it works:
Courtesy Pay Up to $500
- MVFCU will allow members to overdraw their Share Draft checking account up to $500**
- Valid transactions include checks clearing, electronic (ACH) debits and pre-authorized check withdrawals
- The item/check is cleared, a fee of $25 is assessed, and there are no embarrassing returns**
How are items/checks paid?
- First, we'll clear against the available balance in your Share Draft checking account
- Next, we'll utilize any designated overdraft protection currently linked to your account (i.e. - overdraft protection from savings or overdraft line of credit)***
- Finally, we'll allow your account to overdraw up to $500***
MVFCU is here to help you with your personal finances. Visit any branch location or call our Member Service Center at 1-800-356-0067, Option 1 to open your account today.
*Courtesy Pay will be activated upon completion of a 90 day probation period and review of your account.
**If you carry a negative balance for more than 30 days, we reserve the right to remove Courtesy Pay from your account.
***Upon reaching the transaction limit of 6 automated transfers per month set by Regulation D, Courtesy Pay will be activated.
