SuperMoney
  Southeast Financial Credit Union Interest Checking Account

Southeast Financial Credit Union Interest Checking Account

in Checking Accounts from Southeast Financial Credit Union

Unaffiliated

Southeast Financial Credit Union Interest Checking Account

Unaffiliated

in Checking Accounts from Southeast Financial Credit Union

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend Southeast Financial Credit Union Interest Checking Account to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Monthly Fee $0 - $9
ATM Fee: Out-of-Network $2
Minimum Balance to Avoid Monthly Fee N/A
APY (Annual Percentage Yield) 0.03%

Southeast Financial Credit Union Interest Checking Account Review

Southeast Financial Credit Union Interest Checking Account is offered by Southeast Financial Credit Union, a credit union founded in 1936 and based in Knoxville, TN. Southeast Financial Credit Union Interest Checking Account is available in 2 states across the USA.

Key Takeaways
  • Low APY. The maximum annual percentage yield for this account is only 0.03%.
  • Charges a monthly fee. This account charges a monthly service fee of up to $9, but there are ways to waive the fee.
  • Small minimum initial deposit. You only need $5 to open an account.
  • Bill pay. Pay your bills to practically anyone in the United States through Southeast Financial Credit Union.
  • Hard credit pull. Southeast Financial Credit Union may require a hard pull on your credit report to open a checking account.
Southeast Financial Credit Union Pros & Cons
Pros Cons
  • Interest-yielding account.
  • Deposits are insured by the NCUA (up to $250K).
  • Free debit card
  • No signup bonus.
  • Does not provide access to a nationwide ATM network.
  • Not FDIC-insured.
  • Only available in 2 states.
  • Higher than average wire transfer fees.
  • Monthly service charge.
  • Charges a higher than average fee on out-of-network ATM transactions.
Southeast Financial Credit Union FAQ

Are checking accounts from Southeast Financial Credit Union federally insured?

No, your Southeast Financial Credit Union checking accounts are not insured by a federal insurance agency. This means that if Southeast Financial Credit Union were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

What APY does Southeast Financial Credit Union offer?

Southeast Financial Credit Union Interest Checking Account Rates & Terms
Description
APY (Annual Percentage Yield) 0.03%

Southeast Financial Credit Union offers an APY of 0.03% (APY stands for annual percentage yield, rates may change). However, to earn interest account holders must keep an average beginning day balance of $0.01.

What are the account minimums for Southeast Financial Credit Union?

Southeast Financial Credit Union requires a minimum initial deposit of $5 to open an account.

Southeast Financial Credit Union Account Minimums
Description Amount
Minimum Opening Deposit $5
APY Minimum Balance $0.01

What fees does Southeast Financial Credit Union charge?

This account charges a monthly service fee of up to $9.

Southeast Financial Credit Union Interest Checking Account Fees
Description
ATM Fee: In-Network $0
Debit Card Replacement Fee $10
Early Account Closure $25
Foreign Transaction Fee (Debit Card) 1.4%
Monthly Fee $0 - $9
NSF Fee $32
Online Bill Pay Fee $0
Overdraft Item Fee $32
Overdraft Protection Fee (per transfer) $10
Paper Statement Fee $3
Returned Deposit Fee (Domestic) $15
Returned Deposit Fee (International) $40
Stop Payment Fee $32
Wire Transfer Fee - Domestic (Incoming) $10
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Incoming) $10
Wire Transfer Fee - International (Outgoing) $55
ATM Fee: Out-of-Network $2

Does Southeast Financial Credit Union charge overdraft fees?

Yes, Southeast Financial Credit Union charges a $32 fee for every overdraft fee.

Southeast Financial Credit Union offers overdraft protection at a cost of $10 per transaction.

What features and perks does Southeast Financial Credit Union offer?

This account includes the following features:

  • Fraud monitoring - Southeast Financial Credit Union 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 - Southeast Financial Credit Union 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.

Contact

  • Headquarters
  •   7216 Wellington Dr # 4
    Knoxville, TN 37919
  •   Visit Site

About Southeast Financial Credit Union Interest Checking Account

Availability

  Available in 2 states
  • Kentucky
  • Tennessee

Feature Breakdown

APY Minimum Balance $0.01
Minimum Opening Deposit Starting at $5
ATM Fee: In-Network $0
Online Bill Pay Fee $0
Debit Card Replacement Fee $10
Early Account Closure $25
Foreign Transaction Fee (Debit Card) 1.4%
Monthly Fee $0 - $9
NSF Fee $32
Overdraft Item Fee $32
Overdraft Protection Fee (per transfer) $10
Paper Statement Fee $3
Returned Deposit Fee (Domestic) $15
Returned Deposit Fee (International) $40
Stop Payment Fee $32
Wire Transfer Fee - Domestic (Incoming) $10
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Incoming) $10
Wire Transfer Fee - International (Outgoing) $55
ATM Fee: Out-of-Network $2
Bank Account Features
  • Free Bill Pay
  • Mobile Check Deposit
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Debit Card
  • NCUA Member
APY (Annual Percentage Yield) 0.03%

Be the first to rate

 

Would you recommend Southeast Financial Credit Union Interest Checking Account 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