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  Citizens Equity First Credit Union Dividend Checking

Citizens Equity First Credit Union Dividend Checking

in Checking Accounts from Citizens Equity First Credit Union · ncua

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Citizens Equity First Credit Union Dividend Checking

Unaffiliated

in Checking Accounts from Citizens Equity First Credit Union · Insured by NCUA

Net Recommendation Score 0

SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of 0, equating to 3 on a 5 point rating scale.

0

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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Highlights
Community Rating

Rating not yet determined  

Monthly Fee $0 - $6
ATM Fee: Out-of-Network $1
Minimum Balance to Avoid Monthly Fee Starting at $2,500
APY (Annual Percentage Yield) 0.05%

Citizens Equity First Credit Union Dividend Checking Review

Citizens Equity First Credit Union Dividend Checking is offered by Citizens Equity First Credit Union, a credit union founded in 1937 and based in Peoria, IL. Citizens Equity First Credit Union Dividend Checking is available in 2 states across the USA.

Key Takeaways
  • Higher than average APY. Citizens Equity First Credit Union Dividend Checking has an annual percentage yield of up to 0.05%, which is higher than the national average interest rate on savings accounts. Note that you must keep a minimum balance of $2500.
  • Charges a monthly fee. This account charges a monthly service fee of up to $6, but the fee is waived if you keep a minimum balance of $2,500.
  • Large minimum initial deposit. You need a minimum deposit of $2,500 to open an account. This is a relatively large minimum initial deposit when compared to the other accounts that we track.
  • Bill pay. Pay your bills to practically anyone in the United States through Citizens Equity First Credit Union.
CEFCU checking account Pros & Cons
Pros Cons
  • Dividend-yielding account
  • Insured by NCUA.
  • Access to physical branches.
  • Free debit card
  • Access to a nationwide network of ATMs.
  • Only available in 2 states.
  • Higher than average wire transfer fees.
  • Monthly service charge.
  • Charges a fee on out-of-network ATM transactions.
CEFCU checking account FAQ

Are checking accounts from Citizens Equity First Credit Union federally insured?

Yes, your Citizens Equity First Credit Union checking accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What APY does CEFCU checking account offer?

Citizens Equity First Credit Union Dividend Checking Rates & Terms
Description
APY (Annual Percentage Yield) 0.05%

CEFCU checking account offers an APY of 0.05% (APY stands for annual percentage yield, rates may change). However, to earn interest account holders must keep an average beginning day balance of $2500.

What are the account minimums for CEFCU checking account?

CEFCU checking account requires a minimum initial deposit of $2,500 to open an account.

Citizens Equity First Credit Union Dividend Checking Minimums
Description
APY Minimum Balance $2,500
Minimum Opening Deposit Starting at $2,500
Minimum Balance to Avoid Monthly Fee Starting at $2,500

What fees does CEFCU checking account charge?

This account charges a monthly service fee of up to $6.

Citizens Equity First Credit Union Dividend Checking Fees
Description
ATM Fee: In-Network $0
Debit Card Replacement Fee $10
Early Account Closure $0
Foreign Transaction Fee (Debit Card) 1%
Monthly Fee $0 - $6
NSF Fee $30
Online Bill Pay Fee $0
Overdraft Item Fee $30
Overdraft Protection Fee (per transfer) $8
Paper Statement Fee $5
Returned Deposit Fee (Domestic) $20
Returned Deposit Fee (International) $20
Stop Payment Fee $15
Wire Transfer Fee - Domestic (Incoming) $10
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $20
Wire Transfer Fee - International (Outgoing) $50
ATM Fee: Out-of-Network $1

Does CEFCU checking account charge overdraft fees?

Yes, CEFCU checking account charges a $30 fee for every overdraft.

CEFCU checking account offers overdraft protection at a cost of $8 per transaction.

What features and perks does CEFCU checking account offer?

This account includes the following features:

  • Fraud monitoring - CEFCU checking account monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - CEFCU checking account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

What is the customer support email for CEFCU checking account?

The customer support email for CEFCU checking account is email@cefcu.com.

How do people rate the customer service and user experience of CEFCU checking account?

Overall, CEFCU checking account is mostly recommended based on community reviews that rate customer service and user experience.

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Message From Citizens Equity First Credit Union Dividend Checking

Don’t fall for big promises… choose Checking that’s better! Members have free access to nearly 30,000 ATMs… more than two Top Ten banks, combined. Dividend Checking, All the benefits of a Checking account, plus dividends.

Availability

  Available in 2 states
  • California
  • Illinois

Feature Breakdown

APY Minimum Balance $2,500
Minimum Opening Deposit Starting at $2,500
Minimum Balance to Avoid Monthly Fee Starting at $2,500
ATM Fee: In-Network $0
Early Account Closure $0
Online Bill Pay Fee $0
Debit Card Replacement Fee $10
Foreign Transaction Fee (Debit Card) 1%
Monthly Fee $0 - $6
NSF Fee $30
Overdraft Item Fee $30
Overdraft Protection Fee (per transfer) $8
Paper Statement Fee $5
Returned Deposit Fee (Domestic) $20
Returned Deposit Fee (International) $20
Stop Payment Fee $15
Wire Transfer Fee - Domestic (Incoming) $10
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $20
Wire Transfer Fee - International (Outgoing) $50
ATM Fee: Out-of-Network $1
Account Features
  • Free Bill Pay
  • Mobile Check Deposit
  • Interest Bearing Account
  • Nationwide ATM Network
  • Mobile Banking
  • Fraud Monitoring
  • IRAs
  • Debit Card
  • Bauer Financial A+/A Rating
  • Insured by NCUA
  • Branch Access
APY (Annual Percentage Yield) 0.05%

Citizens Equity First Credit Union Dividend Checking Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is mostly not recommended by SuperMoney users with a score of 0, equating to 3 on a 5 point rating scale.

0

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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