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Last Updated: 01/21/2026

Spectrum FCU Member Checking Account

from Spectrum Federal Credit Union

Last Updated: 01/21/2026

Rating not yet determined2 total votes

2 users recommend

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Highlights

Welcome Offer

Starting at $0(Verified 06/21/2024)

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Rewards

N/A

APY (Annual Percentage Yield)

0.10%(Verified 06/21/2024)

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Monthly Maintenance Fee

$5(Verified 01/21/2026)

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Spectrum FCU Member Checking Account Review

The Spectrum FCU Member Checking Account is offered by Spectrum Federal Credit Union, a credit union founded in 1973 and based in Oakland, CA. Spectrum Federal Credit Union member checking is available in 7 states.

Key Takeaways

Low annual percentage yield (APY). The maximum annual percentage yield for this account is only 0.10% .
Charges a monthly fee. This account charges a monthly fee of $5.
Bill pay. Pay your bills to practically anyone in the United States when you enroll in Spectrum Federal Credit Union mobile or online banking.

Spectrum Federal Credit Union member checking Pros & Cons

Pros

Cons

Interest-yielding account.
Insured by NCUA.
Access to physical branches.
Debit card
No charge on incoming domestic or international wire transfers.

No signup bonus.
Does not provide access to a nationwide ATM network.
Not FDIC-insured.
Only available in 7 states.
Monthly service charge .
Charges a fee on out-of-network ATM transactions.

Spectrum Federal Credit Union member checking FAQ

Are checking accounts from Spectrum Federal Credit Union federally insured?

No, your Spectrum Federal Credit Union checking accounts are not insured by a federal insurance agency. This means that if Spectrum Federal 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 Spectrum Federal Credit Union member checking offer?

Spectrum FCU Member Checking Account Rates & Terms

Description

APY (Annual Percentage Yield)

0.10%

Spectrum Federal Credit Union member checking offers an APY of 0.10% (APY stands for annual percentage yield, rates may change).

What are the account minimums for Spectrum Federal Credit Union member checking?

Spectrum Federal Credit Union member checking requires a minimum initial deposit of $25.

Spectrum FCU Member Checking Account Minimums

Description

Minimum Balance to Earn APY

Minimum Opening Deposit

Starting at $25

What fees does Spectrum Federal Credit Union member checking charge?

This account charges a monthly maintenance fee each statement cycle of $5.

Spectrum FCU Member Checking Account Fees

Description

Monthly Maintenance Fee

Paper Statement Fee

Starting at $5

ATM Fee: In-Network

Starting at $0

ATM Fee: Out-of-Network (within the U.S.)

Starting at $1

NSF Fee

$25

Overdraft Item Fee

Starting at $25

Early Account Closure

Starting at $20

Returned Deposit Fee (Domestic)

Starting at $20

Card Replacement Fee (Standard Delivery)

Starting at $10

Online Bill Pay Fee

Starting at $0

Stop Payment Fee

Starting at $15

Foreign Transaction Fee (Debit Card)

Starting at 1%

Wire Transfer Fee - US Domestic (Outgoing)

Starting at $20

Wire Transfer Fee - International (Outgoing)

Starting at $30

Wire Transfer Fee - International (Incoming)

Starting at $0

Returned Deposit Fee (International)

Starting at $20

Wire Transfer Fee - US Domestic (Incoming)

Starting at $0

Does Spectrum Federal Credit Union member checking charge overdraft fees?

Yes, Spectrum Federal Credit Union member checking charges a $25 fee for every overdraft.

What features and perks does Spectrum Federal Credit Union member checking offer?

This account includes the following features:

Fraud monitoring - Spectrum Federal Credit Union member 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 - Spectrum Federal Credit Union member 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.

What is the customer support email for Spectrum Federal Credit Union member checking?

The customer support email for Spectrum Federal Credit Union member checking is spectrummail@spectrumcu.org.

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Message from Spectrum Federal Credit Union member checking

A Member Checking account is essential to your everyday financial activities — whether you’re visiting an ATM, purchasing groceries, or picking up your dog from the groomers. And with free ATM transactions, no per-check charges or monthly fees, and above-market dividends whenever your balance exceeds $500, you’ll be glad you belong. With a Member Checking account, you can replace your ATM card with a debit card at any time to enjoy the free and unlimited point-of-sale (POS) transactions and the security of chip technology.

Contact

Headquarters

500 12th Street, Suite 200

Oakland, CA 94607

(800) 782-8782

Visit Site

Email Support

Other Services by Spectrum Federal Credit Union

Savings Accounts

Rating not yet determined (3 Reviews)

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Spectrum FCU Member Checking Account Community Reviews

Would you recommend Spectrum FCU Member Checking Account to your friends?

Alissa D.

Oct 13, 2020

May or may not recommend

I was a member of Spectrum Federal Credit Union for 15 years. I've had checking, savings, and home loans with Spectrum Credit Union since this time. The Credit Union is now owned by Chevron and is actually called Spectrum Credit Union, a subsidiary of Chevron Federal Credit Union. They are clear about overdraft fees and give you an opportunity to have a back up account ( a line of credit) ...Show More

Anonymous

Aug 20, 2020

May or may not recommend

It’s available in seven states. I suggest double-checking if it applies to you. It only took me $25 to open an account with Spectrum. It saves me a lot of time. I’m able to pay bills through the platform, and I won’t be charged an extra fee. I also get to watch my balance and see-thru any transactions that I need to perform through my phone.

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