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  State Employees Credit Union Checking Account

State Employees Credit Union Checking Account

in Checking Accounts from State Employees Credit Union · Member ncua

Unaffiliated

State Employees Credit Union Checking Account

Unaffiliated

in Checking Accounts from State Employees Credit Union · Member NCUSIF

Net Recommendation Score +67

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +67, equating to 4.3 on a 5 point rating scale.

+67

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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2 users recommend
1 user is unsure
0 users don't recommend
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Highlights
Community Rating

Rating not yet determined  

Monthly Fee $0 - $1
ATM Fee: Out-of-Network $0.75
Minimum Balance to Avoid Monthly Fee N/A
APY (Annual Percentage Yield) 0.05%

State Employees Credit Union Checking Account Review

State Employees Credit Union Checking Account is offered by State Employees Credit Union, a credit union founded in 1937 and based in Raleigh, NC. State Employees Credit Union Checking Account is available in 5 states across the USA.

Key Takeaways
  • Higher than average APY. State Employees Credit Union Checking Account has an annual percentage yield of up to 0.05%, which is higher than the national average interest rate on savings accounts.
  • Charges a monthly fee. This account charges a monthly service fee of up to $1, but there are ways to waive the fee.
  • No minimum initial deposit. There is no minimum balance required to open an account.
  • Bill pay. Pay your bills to practically anyone in the United States through State Employees Credit Union.
State Employees Credit Union checking account Pros & Cons
Pros Cons
  • Interest-yielding account.
  • Deposits are insured by the NCUA (up to $250K).
  • Free debit card
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Not FDIC-insured.
  • Only available in 5 states.
  • Monthly service charge.
  • Charges a fee on out-of-network ATM transactions.
State Employees Credit Union checking account FAQ

Are checking accounts from State Employees Credit Union federally insured?

Yes, your State Employees 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 State Employees Credit Union checking account offer?

State Employees Credit Union Checking Account Rates & Terms
Description
APY (Annual Percentage Yield) 0.05%

State Employees Credit Union checking account offers an APY of 0.05% (APY stands for annual percentage yield, rates may change).

What are the account minimums for State Employees Credit Union checking account?

State Employees Credit Union checking account does not require a minimum initial deposit.

State Employees Credit Union checking account Account Minimums
Description Amount
Minimum Opening Deposit $0

What fees does State Employees Credit Union checking account charge?

This account charges a monthly service fee of up to $1.

State Employees Credit Union Checking Account Fees
Description
ATM Fee: In-Network $0
Debit Card Replacement Fee $8
Early Account Closure $0
Foreign Transaction Fee (Debit Card) 1%
Monthly Fee $0 - $1
NSF Fee $12
Online Bill Pay Fee $0
Overdraft Item Fee $12
Overdraft Protection Fee (per transfer) $0.50
Paper Statement Fee $1
Returned Deposit Fee (Domestic) $5
Returned Deposit Fee (International) $5
Stop Payment Fee $8
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $10
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $25
ATM Fee: Out-of-Network $0.75

Does State Employees Credit Union checking account charge overdraft fees?

Yes, State Employees Credit Union checking account charges a $12 fee for every overdraft.

State Employees Credit Union checking account offers overdraft protection at a cost of $0.50 per transaction.

What features and perks does State Employees Credit Union checking account offer?

This account includes the following features:

  • Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
  • Fraud monitoring - State Employees Credit Union checking account 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 - State Employees Credit Union checking account allows you to manage your money online or with a mobile app.

How do people rate the customer service and user experience of State Employees Credit Union checking account?

Overall, State Employees Credit Union checking account is strongly recommended based on community reviews that rate customer service and user experience.

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Contact

  • Headquarters
  •   1000 Wade Ave
    Raleigh, NC 27605
  •   Visit Site

Hours of Operation

  • Sunday Closed
  • Monday 8:30am - 5:30pm
  • Tuesday 8:30am - 5:30pm
  • Wednesday 8:30am - 5:30pm
  • Thursday 8:30am - 5:30pm
  • Friday 8:30am - 5:30pm
  • Saturday Closed

Other Services by State Employees Credit Union

Availability

  Available in 5 states
  • Georgia
  • North Carolina
  • South Carolina
  • Tennessee
  • Virginia

Feature Breakdown

ATM Fee: In-Network $0
Early Account Closure $0
Online Bill Pay Fee $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Debit Card Replacement Fee $8
Foreign Transaction Fee (Debit Card) 1%
Monthly Fee $0 - $1
NSF Fee $12
Overdraft Item Fee $12
Overdraft Protection Fee (per transfer) $0.50
Paper Statement Fee $1
Returned Deposit Fee (Domestic) $5
Returned Deposit Fee (International) $5
Stop Payment Fee $8
Wire Transfer Fee - Domestic (Outgoing) $10
Wire Transfer Fee - International (Outgoing) $25
ATM Fee: Out-of-Network $0.75
Bank Account Features
  • Free Bill Pay
  • Interest Bearing Account
  • Check Images with Statement
  • Mobile Banking
  • Fraud Monitoring
  • Fraud Protection
  • Debit Card
  • Bauer Financial A+/A Rating
  • NCUA Member
  • Check Writing
APY (Annual Percentage Yield) 0.05%

State Employees Credit Union Checking Account Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +67, equating to 4.3 on a 5 point rating scale.

+67

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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