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Last Updated: 01/21/2026

Raiz Federal Credit Union Checking Accounts

in Checking Accounts from Raiz Federal Credit Union

Last Updated: 01/21/2026

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Welcome Offer

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Cashback Rewards

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APY (Annual Percentage Yield)

0.50% - 0.65%(Verified 09/21/2024)

Monthly Service Fee

$0(Verified 01/21/2026)

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Raiz Federal Credit Union Checking Accounts Review

The Raiz Federal Credit Union Checking Accounts is offered by Raiz Federal Credit Union, a credit union founded in 1936 and based in El Paso, TX. Raiz Federal Credit Union Checking Accounts is available in 50 states, 5 US territories, and Washington, DC.

Key Takeaways

  • Higher than average APY. Raiz Federal Credit Union Checking Accounts has an annual percentage yield of up to 0.65%, which is higher than the national average interest rate on savings accounts. Note that you must keep a minimum balance of $2500.
  • Large minimum initial deposit. You need a minimum deposit of $2,500 to open an account. This is a relatively large minimum initial deposit when compared to the other accounts that we track.

Raiz Federal Credit Union Checking Accounts Pros & Cons

Raiz Federal Credit Union Checking Accounts FAQ

Are checking accounts from Raiz 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 Raiz Federal Credit Union Checking Accounts offer?

Raiz Federal Credit Union Checking Accounts offers an APY starting at 0.50% and ranging up to 0.65% (APY stands for annual percentage yield, rates may change). However, to earn interest, you must keep an average beginning day balance of at least $2500.

What are the account minimums for Raiz Federal Credit Union Checking Accounts?

Raiz Federal Credit Union Checking Accounts requires a minimum initial deposit of $2,500.

What fees does Raiz Federal Credit Union Checking Accounts charge?

This account charges a monthly maintenance fee each statement cycle of $0.

What features and perks does Raiz Federal Credit Union Checking Accounts offer?

This account includes the following features:

    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.

    Contact

    Headquarters

    12020 Rojas Dr
    El Paso, TX 79936
    Visit Site

    Hours of Operation

    Sunday
    Closed
    Monday
    9:30AM - 5:30PM
    Tuesday
    9:30AM - 5:30PM
    Wednesday
    9:30AM - 5:30PM
    Thursday
    9:30AM - 5:30PM
    Friday
    9:30AM - 5:30PM
    Saturday
    9:30AM - 12:30PM

    Other Services by Raiz Federal Credit Union