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Educators Credit Union Student Checking

in Checking Accounts from Educators Credit Union · Member ncua

Unaffiliated

Educators Credit Union Student Checking

Unaffiliated

in Checking Accounts from Educators Credit Union · Member NCUSIF

Not enough votes for recommendation

Highlights
Monthly Fee	$0 - $2
ATM Fee: Out-of-Network	N/A
Minimum Balance to Avoid Monthly Fee	N/A
APY (Annual Percentage Yield)	0.01%

Educators Credit Union Student Checking Review

Educators Credit Union Student Checking is offered by Educators Credit Union, a credit union founded in 1937 and based in Racine, WI. Educators Credit Union Student Checking is available in 1 state across the USA.

Key Takeaways

Low APY. The maximum annual percentage yield for this account is only 0.01%.
Charges a monthly fee. This account charges a monthly service fee of up to $2, but there are ways to waive the fee.
No minimum initial deposit. There is no minimum balance required to open an account.
Hard credit pull. Educators Credit Union may require a hard pull on your credit report to open a checking account.

Educators Credit Union Student Checking Pros & Cons

Pros	Cons
Interest-yielding account. Deposits are insured by the NCUA (up to $250K). Access to physical branches. Free debit card Access to a nationwide network of ATMs.	No signup bonus. Not FDIC-insured. Only available in one state. Higher than average wire transfer fees. Monthly service charge.

Educators Credit Union Student Checking FAQ

Are checking accounts from Educators Credit Union federally insured?

Yes, your Educators 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 Educators Credit Union Student Checking offer?

Educators Credit Union Student Checking Rates & Terms
Description
APY (Annual Percentage Yield)	0.01%

Educators Credit Union Student Checking offers an APY of 0.01% (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 Educators Credit Union Student Checking?

Educators Credit Union Student Checking does not require a minimum initial deposit.

Educators Credit Union Student Checking Account Minimums
Description	Amount
Minimum Opening Deposit	$0
APY Minimum Balance	$2,500

What fees does Educators Credit Union Student Checking charge?

This account charges a monthly service fee of up to $2.

Educators Credit Union Student Checking Fees
Description
ATM Fee: In-Network	$0
Check Copy	$5
Debit Card Replacement Fee	$5
Early Account Closure	$20
Monthly Fee	$0 - $2
NSF Fee	$30
Online Bill Pay Fee	$5.95
Overdraft Item Fee	$30
Overdraft Protection Fee (per transfer)	$5
Paper Statement Fee	$2
Returned Deposit Fee (Domestic)	$30
Stop Payment Fee	$25
Wire Transfer Fee - Domestic (Incoming)	$10
Wire Transfer Fee - Domestic (Outgoing)	$20
Wire Transfer Fee - International (Incoming)	$10
Wire Transfer Fee - International (Outgoing)	$50

Does Educators Credit Union Student Checking charge overdraft fees?

Yes, Educators Credit Union Student Checking charges a $30 fee for every overdraft fee.

Educators Credit Union Student Checking offers overdraft protection at a cost of $5 per transaction.

What features and perks does Educators Credit Union Student Checking offer?

This account includes the following features:

Fraud monitoring - Educators Credit Union Student Checking 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.
Mobile Banking Services - Educators Credit Union Student Checking 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.

Educators Credit Union Student Checking Disclosure: Sign up for our eStatements to avoid monthly fees

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