The Checking Account You Need
October 1, 2022
Many have a Checking Account SOMEWHERE, but have you considered what else could be out there? Could you be saving money?
Checking Accounts
When getting a checking account, there are many things to consider: bank or credit union, local or national, potential minimum balance requirements, hidden fees, convenience, accessibility, and much more!
The biggest deciding factor is typically hidden fees, which can tie into minimum balance requirements because many banks require a minimum balance, or you get charged a certain amount monthly. You can find comfort in knowing your money is somewhere safe and secure. You can also enjoy not having to waste your money on fees that can be avoided.
Different Types Of Fees
- Debit Card Replacement Fee
- Low Balance Fee
- Returned Item Fee
- Stop Payment Fee
- Inactivity Fee
- Paper Statement Fee
- Early Closure Fee
- Incorrect Information Fee
- Online Banking Fee
While some of these do apply to us as a credit union, many do not which allows you to save more. We do not require you to have a minimum balance in your checking account. As long as you have at least $5 in your savings, you’re eligible for all of our other products and services, and they don’t require a certain dollar figure to be left sitting in your checking account. At GCAFCU, we also don’t have checking account inactivity fees, paper statement fees, early closure fees, incorrect information fees, or online banking fees. We are not-for-profit and are not looking to make money off of you. Instead, we give YOU more by offering lower interest rates on loans and higher returns on your savings, share certificates and money market accounts.
We’re Here For You When You Need Us Most
Do you have a new job, are you new to adulting, or do you just want a better checking account? Turn to us, we’re here for you.
With our checking accounts, we offer
Unlimited Transactions – Forget about unfair fees and restrictions
Shop Anywhere – Our Visa Debit Card makes shopping convenient and secure
24/7 Access – Manage your account with FREE Online and Mobile Banking – and receive real time alerts to stay on top of all account activity
Cash Availability – Tap into thousands of surcharge-free ATMs nationwide
Savings You Deserve – In today’s economy, it can be challenging to make ends meet, that’s why our Checking Account offers both savings and convenience with no monthly fees or minimum balance requirements, free online and mobile tools, and free Bill Pay and eStatements.
Don’t already have an account with us? Open one at either office or Online Today!