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  Free Checking Account
Free Checking Account
in Checking Accounts from Hiway Federal Credit Union · Insured by NCUA
Unaffiliated

Free Checking Account

Unaffiliated
in Checking Accounts from Hiway Federal Credit Union · Insured by NCUA
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Highlights
Cashback Rewards N/A
APY (Annual Percentage Yield) 0.01%
(Verified 08/04/2023)
Monthly Fee $0
(Verified 08/04/2023)
Minimum Balance to Avoid Monthly Fee N/A

Free Checking Account Review

Free Checking Account is offered by Hiway Federal Credit Union, a credit union founded in 1931 and based in St. Paul, MN. Free Checking Account is available in 2 states across the USA.

Key Takeaways

  • Low APY. The maximum annual percentage yield for this account is only 0.01%.
  • No minimum initial deposit. There is no minimum balance required to open an account online.
  • No ATM fees. Free Checking Account does not charge fees on ATM transactions.
  • ATM fee rebates. This account will reimburse you for ATM fees (see terms and conditions for details).
  • Bill pay. Pay your bills to practically anyone in the United States through Hiway Federal Credit Union.

Free Checking Account Pros & Cons

Pros Cons
  • Dividend-yielding account.
  • Insured by NCUA.
  • Access to physical branches.
  • Free debit card and the option to lock/unlock the card if lost or stolen
  • No signup bonus.
  • Only available in 2 states.
  • Higher than average wire transfer fees.

Free Checking Account FAQ

Are checking accounts from Hiway Federal Credit Union federally insured?

Yes, your 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 Free Checking Account offer?

Free Checking Account Rates & Terms
Description
APY (Annual Percentage Yield) 0.01%

Free Checking Account offers an APY of 0.01% (APY stands for annual percentage yield, rates may change).

What are the account minimums for Free Checking Account?

Free Checking Account does not require a minimum initial deposit.

Free Checking Account Minimums
Description
Minimum Opening Deposit $0

What fees does Free Checking Account charge?

This account charges a monthly service fee of $0.

Free Checking Account Fees
Description
Monthly Fee $0
ATM Fee: In-Network $0
Foreign Transaction Fee (Debit Card) 1%
NSF Fee $28
Returned Deposited Check $4
Returned Deposit Fee (Domestic) $4
Stop Payment Fee $28
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Outgoing) $45
Paper Statement Fee $5
Online Bill Pay Fee $0
Check Copy $2
Debit Card Replacement Fee $10

What features and perks does Free Checking Account offer?

This account includes the following features:

  • ATM rebates - This account will reimburse you for any domestic ATM fees.
  • Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Free 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 Free Checking Account?

The customer support email for Free Checking Account is webmaster@hiway.org.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Free Checking Account

Say no to big bank fees and open a free checking account that will earn you dividends while you spend.

Online Budgeting: Quickly and easily view your banking, investments, mortgage and credit card information all in one place with our free money tracking tools.

Unparalleled Service: We build lifelong partnerships with our members. Welcome to red carpet treatment.

Member Discounts: Enjoy private discounts, offers and deals available exclusively to members.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 8:00am - 6:00pm
  • Tuesday 8:00am - 6:00pm
  • Wednesday 8:00am - 6:00pm
  • Thursday 8:00am - 6:00pm
  • Friday 8:00am - 6:00pm
  • Saturday 9:00am - 12:00pm

Other Services by Hiway Federal Credit Union

Availability

  Available in 2 states
  • Minnesota
  • Wisconsin

Feature Breakdown

Minimum Opening Deposit $0
Monthly Fee $0
(Verified 08/04/2023)
ATM Fee: In-Network $0
Foreign Transaction Fee (Debit Card) 1%
NSF Fee $28
Returned Deposited Check $4
Returned Deposit Fee (Domestic) $4
Stop Payment Fee $28
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Outgoing) $45
Paper Statement Fee $5
Online Bill Pay Fee $0
Check Copy $2
Debit Card Replacement Fee $10
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Identity
  • Proof of Residence
Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • Interest Bearing Account
  • ATM Reimbursement
  • Nationwide ATM Network
  • Mobile Banking
  • Debit Card Lock/Unlock
  • Debit Card
  • Insured by NCUA
  • Branch Access
  • Check Writing
  • Expense Management
APY (Annual Percentage Yield) 0.01%
(Verified 08/04/2023)

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