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Members First Credit Union Premier Checking

in Checking Accounts from Members First Credit Union · ncua

Unaffiliated

Members First Credit Union Premier Checking

Unaffiliated

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

Not enough votes for recommendation

Highlights
Monthly Fee	$15
ATM Fee: Out-of-Network	$0
Minimum Balance to Avoid Monthly Fee	$2,500
APY (Annual Percentage Yield)	0.04% - 0.08%

Members First Credit Union Premier Checking Review

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

Key Takeaways

Higher than average APY. Members First Credit Union Premier Checking has an annual percentage yield of up to 0.08%, 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 $15, but the fee is waived if you keep a minimum balance of $2,500.
No ATM fees. Members First Credit Union Premier 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 First Credit Union Premier 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. No ATM access to Members First Credit Union Premier Checking. Only available in one state. Higher than average wire transfer fees. Monthly service charge.

Members First Credit Union Premier 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 First Credit Union Premier Checking offer?

Members First Credit Union Premier Checking offers an APY starting at 0.04% and ranging up to 0.08% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep an average beginning day balance of at least $1000.

Members First Credit Union Premier Checking Rates and Terms
Rates	Amount
APY (Annual Percentage Yield)	0.04% - 0.08%

What are the account minimums for Members First Credit Union Premier Checking?

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

Members First Credit Union Premier Checking Account Minimums
Description	Amount
Minimum Opening Deposit	$25
APY Minimum Balance	$1,000
Minimum Balance to Avoid Monthly Service Fee	$2,500

What fees does Members First Credit Union Premier Checking charge?

This account charges a monthly service fee of $15.

Members First Credit Union Premier Checking Fees
Description
ATM Fee: In-Network	$0
Debit Card Replacement Fee	$5
Early Account Closure	$15
Monthly Fee	$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
ATM Fee: Out-of-Network	$0

Does Members First Credit Union Premier Checking charge overdraft fees?

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

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

What features and perks does Members First Credit Union Premier Checking offer?

This account includes the following features:

Fraud monitoring - Members First Credit Union Premier 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 First Credit Union Premier 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.

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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.