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  Members 1st CU Advantage 60 Checking
Members 1st CU Advantage 60 Checking
in Checking Accounts from Members First Credit Union · Insured by NCUA
Unaffiliated

Members 1st CU Advantage 60 Checking

Unaffiliated
in Checking Accounts from Members First Credit Union · Insured by NCUA
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Highlights
Cashback Rewards N/A
APY (Annual Percentage Yield) 0.12%
(Verified 07/16/2022)
Monthly Fee $0
Minimum Balance to Avoid Monthly Fee N/A

Members 1st CU Advantage 60 Checking Review

Members 1st CU Advantage 60 Checking is offered by Members First Credit Union, a credit union founded in 1936 and based in Midland, MI. Members 1st CU Advantage 60 Checking is available in 1 state across the USA.

Key Takeaways

  • Higher than average APY. Members 1st CU Advantage 60 Checking has an annual percentage yield of up to 0.12%, which is higher than the national average interest rate on savings accounts. Note that you must keep a minimum balance of $1000.
  • $0 monthly fee. This account does not charge a monthly Service Charge.
  • No ATM fees. Members 1st CU Advantage 60 Checking does not charge fees on ATM transactions.
  • Bill pay. Pay your bills to practically anyone in the United States through Members First Credit Union.

Members 1st CU Advantage 60 Checking 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.
  • Does not provide access to a nationwide ATM network.
  • Only available in one state.
  • Higher than average wire transfer fees.

Members 1st CU Advantage 60 Checking FAQ

Are checking accounts from Members First Credit Union federally insured?

Yes, your Members 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 Members 1st CU Advantage 60 Checking offer?

Members 1st CU Advantage 60 Checking Rates & Terms
Description
APY (Annual Percentage Yield) 0.12%

Members 1st CU Advantage 60 Checking offers an APY of 0.12% (APY stands for annual percentage yield, rates may change). However, to earn interest account holders must keep an average beginning day balance of $1000.

What are the account minimums for Members 1st CU Advantage 60 Checking?

Members 1st CU Advantage 60 Checking requires a minimum initial deposit of $25 to open an account.

Members 1st CU Advantage 60 Checking Minimums
Description
Minimum Balance to Earn APY $1,000
Minimum Opening Deposit Starting at $25

What fees does Members 1st CU Advantage 60 Checking charge?

The good news is that this account does not have a monthly Service Charge.

Members 1st CU Advantage 60 Checking Fees
Description
ATM Fee: In-Network $0
Debit Card Replacement Fee $5
Early Account Closure $15
Monthly Fee $0
NSF Fee $27
Online Bill Pay Fee $0
Overdraft Item Fee $27
Overdraft Protection Fee (per transfer) $27
Paper Statement Fee $3
Returned Deposit Fee (Domestic) $15
Returned Deposit Fee (International) $15
Stop Payment Fee $27
Wire Transfer Fee - Domestic (Incoming) $25
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $50
Wire Transfer Fee - International (Outgoing) $50
ATM Fee: Out-of-Network Starting at $0

Does Members 1st CU Advantage 60 Checking charge overdraft fees?

Yes, Members 1st CU Advantage 60 Checking charges a $27 fee for every overdraft.

Members 1st CU Advantage 60 Checking offers overdraft protection at a cost of $27 per transaction.

What features and perks does Members 1st CU Advantage 60 Checking offer?

This account includes the following features:

  • Fraud monitoring - Members 1st CU Advantage 60 Checking 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 - Members 1st CU Advantage 60 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.

What is the customer support email for Members 1st CU Advantage 60 Checking?

The customer support email for Members 1st CU Advantage 60 Checking is mail@mfcu.net.

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Message From Members First Credit Union

We have a variety of options with different perks, access to over 30,000 surcharge-free ATMs, and our team is fully prepared to find the perfect match for you. All checking accounts include free instant issue debit cards, free automatic transfers, and free starter checks at the time of account opening. Each option has free eServices including Online & Mobile Banking and Mobile Check Deposit.

Advantage 60 Checking --- If you are 60 years or better, this option is for you! Take advantage of all of the great benefits you have earned including earning interest on daily balances of $1,000 or more and one free box of checks per year. This option also provides a 10% discount on a safe deposit box rental at branches where they are available.

Availability

  Available in 1 state
Michigan
Availabile in all of Michigan

Feature Breakdown

Minimum Balance to Earn APY $1,000
Minimum Opening Deposit Starting at $25
ATM Fee: In-Network $0
Monthly Fee $0
Online Bill Pay Fee $0
ATM Fee: Out-of-Network Starting at $0
Debit Card Replacement Fee $5
Early Account Closure $15
NSF Fee $27
Overdraft Item Fee $27
Overdraft Protection Fee (per transfer) $27
Paper Statement Fee $3
Returned Deposit Fee (Domestic) $15
Returned Deposit Fee (International) $15
Stop Payment Fee $27
Wire Transfer Fee - Domestic (Incoming) $25
Wire Transfer Fee - Domestic (Outgoing) $25
Wire Transfer Fee - International (Incoming) $50
Wire Transfer Fee - International (Outgoing) $50
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card Lock/Unlock
  • Fraud Protection
  • Debit Card
  • Insured by NCUA
  • Branch Access
APY (Annual Percentage Yield) 0.12%
(Verified 07/16/2022)

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