SuperMoney
  Members First Credit Union eChecking

Members First Credit Union eChecking

in Checking Accounts from Members First Credit Union · ncua

Unaffiliated

Members First Credit Union eChecking

Unaffiliated

in Checking Accounts from Members First Credit Union · Insured by NCUA

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Members First Credit Union eChecking to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Monthly Fee $7.50
ATM Fee: Out-of-Network $0
Minimum Balance to Avoid Monthly Fee $750
APY (Annual Percentage Yield) 0.05%

Members First Credit Union eChecking Review

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

Key Takeaways
  • Higher than average APY. Members First Credit Union eChecking has an annual percentage yield of up to 0.05%, which is higher than the national average interest rate on savings accounts. Note that you must keep a minimum balance of $1000.
  • Charges a monthly fee. This account charges a monthly service fee of $7.50, but the fee is waived if you keep a minimum balance of $750.
  • No ATM fees. Members First Credit Union eChecking 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 First Credit Union eChecking 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.
  • No ATM access to Members First Credit Union eChecking.
  • Only available in one state.
  • Higher than average wire transfer fees.
  • Monthly service charge.
Members First Credit Union eChecking 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 First Credit Union eChecking offer?

Members First Credit Union eChecking Rates & Terms
Description
APY (Annual Percentage Yield) 0.05%

Members First Credit Union eChecking offers an APY of 0.05% (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 First Credit Union eChecking?

Members First Credit Union eChecking requires a minimum initial deposit of $25 to open an account.

Members First Credit Union eChecking Account Minimums
Description Amount
Minimum Opening Deposit $25
APY Minimum Balance $1,000
Minimum Balance to Avoid Monthly Service Fee $750

What fees does Members First Credit Union eChecking charge?

This account charges a monthly service fee of $7.5.

Members First Credit Union eChecking Fees
Description
ATM Fee: In-Network $0
Debit Card Replacement Fee $5
Early Account Closure $15
Monthly Fee $7.50
NSF Fee $27
Online Bill Pay 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
ATM Fee: Out-of-Network $0

Does Members First Credit Union eChecking charge overdraft fees?

Yes, Members First Credit Union eChecking charges a $27 fee for every overdraft.

Members First Credit Union eChecking offers overdraft protection at a cost of $27 per transaction.

What features and perks does Members First Credit Union eChecking offer?

This account includes the following features:

  • Fraud monitoring - Members First Credit Union eChecking 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 First Credit Union eChecking 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.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
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.

Availability

  Available in 1 state
Michigan
Availabile in all of Michigan

Feature Breakdown

APY Minimum Balance $1,000
Minimum Opening Deposit Starting at $25
Minimum Balance to Avoid Monthly Fee $750
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $0
Debit Card Replacement Fee $5
Early Account Closure $15
Monthly Fee $7.50
NSF Fee $27
Online Bill Pay 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
Account Features
  • No ATM Fees
  • Branch Access
  • Insured by NCUA
  • Debit Card
  • Free Bill Pay
  • Fraud Protection
  • Debit Card Lock/Unlock
  • Fraud Monitoring
  • Mobile Banking
  • Interest Bearing Account
  • Mobile Check Deposit
APY (Annual Percentage Yield) 0.05%

Be the first to rate

 

Would you recommend Members First Credit Union eChecking to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

Other Checking Accounts

Members First Credit Union Checking Accounts

Loading...