Checking Accounts

Rewards Plus Checking
Earns a higher annual percentage yield on balances up to $20,000, no minimum balance required, receive Identity Fraud Protection and discounts at over 240,000 merchant locations. To receive the Rewards Rate, the following monthly requirements must be met:

1. Complete at least one of the following: direct deposit, automatic payment, or Free2Pay transaction (bill pay).
2. Have at least 5 signature-based debit card merchant transactions within the cycle period. ATM transactions do not count as merchant transactions.
3. Sign up for e-statements.

Click here for additional information.

Plus Checking
If you have payroll deposit, you are eligible for PLUS checking. There is no monthly service charge with direct deposit. If no direct deposit is received during a one-month period, a $10 service fee applies. Interest paid monthly on a minimum average daily balance of $2,000.

Regular Share Draft Accounts
Maintain a $300 minimum average daily balance to avoid a low $5 monthly service fee. Earn monthly interest on minimum average daily balance of $1,000.

Secured Checking
This account gives you a second chance at checking. It requires a $100 security deposit and a monthly service fee of $10, if you have direct deposit the monthly service fee is $5. It comes with a debit card (no checks), mobile app, e-statements, and one free credit report a year. No minimum balance and no interest earned on this account. Please see Member Services for restrictions, qualifications, and agreement.

Additional Services

Members age 60 or older
No monthly service fee, no minimum balance required. One free box of basic paper checks once a year.

Student age 21 or younger
No monthly service fee, no minimum balance.

Courtesy Pay (Overdraft Fees)
All checking accounts that are in good standing, excluding business accounts, are eligible for a $300.00 courtesy pay limit after 6 months and $450 after 18 months from membership date. A limited amount of $100.00 courtesy pay is available after 90 days of good membership. Overdraft fees are $30 and fees need to be paid in 30 days. Accounts negative 30 days or longer will no longer be eligible for Courtesy Pay. For more information, speak to a Member Services Representative or click here for more information and disclosures regarding Courtesy Pay.

Check Ordering

To reorder checks please click here or order with online banking.

Direct Deposit

You can arrange to have your payroll, Social Security, pension or any other recurring check deposited directly into your Telco Plus Credit Union checking or savings account. Doing so eliminates the possibility of misplacing your paycheck and having to make a trip to the branch to cash or deposit it.

Payroll Deduction

When you establish payroll deduction at Telco Plus Credit Union, money is automatically deducted from your paycheck and deposited in your savings or checking account, or used to make loan payments. It's an easy way to save or ensure that you'll never miss a loan payment. Ask Member Services or your Human Resource department today.