Minimum Opening Deposit
A $1,000.00 deposit is required to open this account.You must be a senior 50 or older to open this account.
You must be a senior 50 or older to open this account.
Monthly Service Fee
The Monthly Service Fee of $12.50 can be waived by:- Maintaining a minimum daily balance of $1,000.00;- Maintaining an minimum combined daily balance of $5,000.00.
Annual Percentage Yield (APY)
The account earns 0.10% for balances over $1,000.00 and 0.10% at $10,000.
Debit Cards & Using ATMs
Surcharge-Free ATM Access
L&N Federal Credit Union ATMs can be used surcharge free
Non-affiliated ATM Usage Fee
There is a $1.00 fee each time you use a non-affiliated ATM, plus any fee charged by the ATM owner.
International ATM Usage Fee
There is a $1.00 fee each time you use a ATM in another country.
Electronic & Telephone Banking
Online Bill Pay
Mobile & Text Banking
This institution supports:- A text messaging service to view account balances, view recent activity;- A mobile-browser website to view account balances, view recent activity, transfer funds, pay bills, locate ATMs;- An iPhone application to view account balances, view recent activity, transfer funds, pay bills, locate ATMs;- An Android application to view account balances, view recent activity, transfer funds, pay bills, locate ATMs.
Deposit Checks with Mobile Phone
This Email Alert feature enables you to receive:- Warnings when your balance falls below a certain threshold;- An email to let you know there's a secure message for you in Online Banking;- Priority Online Account notifications (i.e., change of password).
Included with Online Banking
Automated Phone Banking
Checks & Statements
Unlimited Check Writing
Free or Discounted Checks
The first order of 'basic' checks is free for all new account holders.
Monthly Paper Statements
Check Images with Statements
Online Check Images
Images of canceled checks can be viewed online.
Overdrawing the Account
Returned Item Fee
The Insufficient Funds Fee is $32.00 per overdraft.
This checking account has 2 options for Overdraft Protection.From a linked Savings Account:- Funds are transferred to bring the account balance to $0.00.From a linked Overdraft Line of Credit:- Funds are transferred to bring the account balance to $0.00.