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MembersFirst Credit Union No-Fee Checking

in Checking Accounts from MembersFirst Credit Union · Member ncua

Unaffiliated

MembersFirst Credit Union No-Fee Checking

Unaffiliated

in Checking Accounts from MembersFirst Credit Union · Member NCUSIF

Not enough votes for recommendation

Highlights
Monthly Fee	$0
ATM Fee: Out-of-Network	$1.75
Minimum Balance to Avoid Monthly Fee	$0
APY (Annual Percentage Yield)	0%

MembersFirst Credit Union No-Fee Checking Review

MembersFirst Credit Union No-Fee Checking is offered by MembersFirst Credit Union, a credit union founded in 1953 and based in Decatur, GA. MembersFirst Credit Union No-Fee Checking is available in 1 state across the USA.

Key Takeaways

0% APY. As with most checking accounts, MembersFirst Credit Union No-Fee Checking does not pay interest.
$0 monthly fee. This account does not charge a monthly maintenance fee.
$25 minimum deposit. This account requires a higher minimum initial deposit than most of the accounts we track.
Free bill pay. Pay your bills to practically anyone in the United States through MembersFirst Credit Union.
Hard credit pull. MembersFirst Credit Union may require a hard pull on your credit report to open a checking account.

MembersFirst Credit Union No-Fee Checking Pros & Cons

Pros	Cons
Deposits are insured by the NCUA (up to $250K). Access to physical branches. Free debit card and the option to lock/unlock the card if lost or stolen	No signup bonus. Does not earn interest Does not provide access to a nationwide ATM network. Not FDIC-insured. Only available in one state. Higher than average wire transfer fees. Charges a higher than average fee on out-of-network ATM transactions.

MembersFirst Credit Union No-Fee Checking FAQ

Are checking accounts from MembersFirst Credit Union federally insured?

Yes, your MembersFirst 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 MembersFirst Credit Union No-Fee Checking offer?

MembersFirst Credit Union No-Fee Checking is not an interest-bearing account.

What are the account minimums for MembersFirst Credit Union No-Fee Checking?

MembersFirst Credit Union No-Fee Checking requires a minimum initial deposit of $25 to open an account.

MembersFirst Credit Union No-Fee Checking Account Minimums
Description	Amount
Minimum Initial Deposit	$25

What fees does MembersFirst Credit Union No-Fee Checking charge?

The good news is that this account does not have a monthly service charge.

MembersFirst Credit Union No-Fee Checking Fees
Description
ATM Fee: In-Network	$0
Check Cashing Fee	$5
Debit Card Replacement Fee	$10
Early Account Closure	$20
Monthly Fee	$0
NSF Fee	$33
Online Bill Pay Fee	$0
Overdraft Item Fee	$33
Overdraft Protection Fee (per transfer)	$7
Paper Statement Fee	$3
Returned Deposit Fee (Domestic)	$25
Stop Payment Fee	$33
Wire Transfer Fee - Domestic (Incoming)	$10
Wire Transfer Fee - Domestic (Outgoing)	$15
Wire Transfer Fee - International (Incoming)	$60
Wire Transfer Fee - International (Outgoing)	$60
ATM Fee: Out-of-Network	$1.75

What features and perks does MembersFirst Credit Union No-Fee Checking offer?

This account includes the following features:

Fraud monitoring - MembersFirst Credit Union No-Fee 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.
Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
Mobile Banking Services - MembersFirst Credit Union No-Fee Checking allows you to manage your money online. This includes depositing checks in your account with 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.