Educators Credit Union Student Checking Reviews (Nov. 2020) | Checking Accounts

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%, and you must keep a minimum balance of $2500.
Charges a monthly fee. This account charges a monthly maintenance fee of up to $2.
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. Access to physical branches. Free debit card Access to a nationwide network of ATMs.	No signup bonus. Does not offer mobile check deposits. 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 you must keep a minimum 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 Initial Deposit	$0
APY Minimum Balance	$2,500

What fees does Educators Credit Union Student Checking charge?

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

Educators Credit Union Student Checking Fees
Description
Monthly Fee	$0 - $2
Paper Statement Fee	$2
ATM Fee: In-Network	$0
ATM Fee: Out-of-Network	N/A
NSF Fee	$30
Overdraft Protection Fee (per transfer)	N/A
Overdraft Item Fee	$30
Early Account Closure	$20
Returned Deposit Fee (Domestic)	$30
Debit Card Replacement Fee	$5
Bank Teller Fee	N/A
Check Cashing Fee	N/A
Online Bill Pay Fee	$5.95
Stop Payment Fee	$25
Check Image Service	N/A
Check Copy	$5
Foreign Transaction Fee (Debit Card)	N/A
Wire Transfer Fee - Domestic (Outgoing)	$20
Wire Transfer Fee - International (Outgoing)	$50
Wire Transfer Fee - International (Incoming)	$10
Returned Deposit Fee (International)	N/A
Wire Transfer Fee - Domestic (Incoming)	$10
ATM Reimbursement Monthly Limit	N/A

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.
Nationwide ATM network - Conveniently transact at a nearby ATM.

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