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  Coastal Federal Credit Union Basic Checking Account

Coastal Federal Credit Union Basic Checking Account

in Checking Accounts from Coastal Federal Credit Union · Member ncua

Unaffiliated

Coastal Federal Credit Union Basic Checking Account

Unaffiliated

in Checking Accounts from Coastal Federal Credit Union · Member NCUSIF

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Highlights
Monthly Fee $0
ATM Fee: Out-of-Network $2.50
Minimum Balance to Avoid Monthly Fee N/A
APY (Annual Percentage Yield) 0%

Coastal Federal Credit Union Basic Checking Account Review

Coastal Federal Credit Union Basic Checking Account is offered by Coastal Federal Credit Union, a credit union founded in 1967 and based in Raleigh, NC. Coastal Federal Credit Union Basic Checking Account is available in 1 state across the USA.

Key Takeaways
  • 0% APY. As with most checking accounts, Coastal Federal Credit Union Basic Checking Account does not pay interest.
  • $0 monthly fee. This account does not charge a monthly maintenance fee.
  • $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
  • No ATM fees. Coastal Federal Credit Union Basic Checking Account does not charge fees on ATM transactions within its network but there is a fee of up to $2.50 for out-of-network ATM transactions.
  • Free bill pay. Pay your bills to practically anyone in the United States through Coastal Federal Credit Union.
  • Hard credit pull. Coastal Federal Credit Union may require a hard pull on your credit report to open a checking account.
Coastal Federal Credit Union Basic Checking Account Pros & Cons
Pros Cons
  • Deposits are insured by the NCUA (up to $250K).
  • Free debit card
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not earn interest
  • Not FDIC-insured.
  • Only available in one state.
  • Higher than average wire transfer fees.
  • Charges a higher than average fee on out-of-network ATM transactions.
Coastal Federal Credit Union Basic Checking Account FAQ

Are checking accounts from Coastal Federal Credit Union federally insured?

Yes, your Coastal Federal Credit Union checking accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. 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 Coastal Federal Credit Union Basic Checking Account offer?

Coastal Federal Credit Union Basic Checking Account is not an interest-bearing account.

What are the account minimums for Coastal Federal Credit Union Basic Checking Account?

Coastal Federal Credit Union Basic Checking Account requires a minimum initial deposit of $100 to open an account.

Coastal Federal Credit Union Basic Checking Account Account Minimums
Description Amount
Minimum Opening Deposit $100

What fees does Coastal Federal Credit Union Basic Checking Account charge?

The good news is that this account does not have a monthly service charge.

Coastal Federal Credit Union Basic Checking Account Fees
Description
ATM Fee: In-Network $0
Debit Card Replacement Fee $0
Early Account Closure $0
Foreign Transaction Fee (Debit Card) 1%
Monthly Fee $0
NSF Fee $33
Online Bill Pay Fee $0
Overdraft Item Fee $33
Overdraft Protection Fee (per transfer) $31
Paper Statement Fee $4
Returned Deposit Fee (Domestic) $25
Returned Deposit Fee (International) $25
Stop Payment Fee $20
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $15
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $45
ATM Fee: Out-of-Network $2.50

What features and perks does Coastal Federal Credit Union Basic Checking Account offer?

This account includes the following features:

  • Fraud monitoring - Coastal Federal Credit Union Basic Checking Account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Coastal Federal Credit Union Basic Checking Account allows you to manage your money online. This includes depositing checks in your account with your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.
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Contact

  • Headquarters
  •   1000 Saint Albans Dr
    Ste 250
    Raleigh, NC 27609
  •   Visit Site

Hours of Operation

  • Sunday Closed
  • Monday 7:00am - 7:00pm
  • Tuesday 7:00am - 7:00pm
  • Wednesday 7:00am - 7:00pm
  • Thursday 7:00am - 7:00pm
  • Friday 7:00am - 7:00pm
  • Saturday 7:00am - 7:00pm

Other Services by Coastal Federal Credit Union

Availability

  Available in 1 state
North Carolina
Availabile in all of North Carolina

Feature Breakdown

Minimum Opening Deposit Starting at $100
ATM Fee: In-Network $0
Debit Card Replacement Fee $0
Early Account Closure $0
Monthly Fee $0
Online Bill Pay Fee $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Foreign Transaction Fee (Debit Card) 1%
NSF Fee $33
Overdraft Item Fee $33
Overdraft Protection Fee (per transfer) $31
Paper Statement Fee $4
Returned Deposit Fee (Domestic) $25
Returned Deposit Fee (International) $25
Stop Payment Fee $20
Wire Transfer Fee - Domestic (Outgoing) $15
Wire Transfer Fee - International (Outgoing) $45
ATM Fee: Out-of-Network $2.50
Bank Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Nationwide ATM Network
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Debit Card
  • Bauer Financial A+/A Rating
  • NCUA Member

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