Minimum Opening Deposit
A $25.00 deposit is required to open this account.
$25.00
Account Restrictions
You must be a senior, 55 or older, to open this account.
Seniors
Monthly Service Fee
$0.00
Annual Percentage Yield (APY)
The account earns 0.01% interest on all balances.
0.01%%
Debit Cards & Using ATMs
Debit Card
$0.00/yr
Surcharge-Free ATM Access
Surcharge-free ATM access is available at all CU24 and CO-OP Network ATM locations.
Yes
Non-affiliated ATM Usage Fee
There is a $1.00 fee each time you use a non-affiliated ATM after 5 free uses per month. You can avoid this fee by using any CU-24/CUHERE ATM.
$1.00/per use
International ATM Usage Fee
There is a $1.00 fee each time you use an ATM in another country after your 5 free uses per month. In addition, there is a fee calculated as 1.00% of the total amount withdrawn.
$1.00/per use
Electronic & Telephone Banking
Online Bill Pay
No fee for online bill pay when you're enrolled in estatements. Otherwise, you will be charged $4.50 per month for having online billpay.(Your estimated annual fee on FindABetterBank assumes you will enroll in estatements.)
Free
Mobile & Text Banking
This institution supports:- 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.
Free
Email Alerts
This Email Alert feature enables you to receive:- Warnings when your balance falls below a certain threshold;- Reminders that bills are coming due for payment;- 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
Free
Checks & Statements
Unlimited Check Writing
Yes
Free or Discounted Checks
You will receive one free box of checks per year with this account.
Yes
Monthly Paper Statements
Yes
Check Images with Statements
$5.00/month
Online Statements
Yes
Online Check Images
Yes
Overdrawing the Account
Returned Item Fee
The Insufficient Funds Fee is $35.00 per overdraft.
$35.00/per item
Overdraft Protection
This checking account has 2 options for Overdraft Protection.From a linked Savings Account:- Transfer fee of $10.00. The transfer fee is charged per day;- Funds are transferred to bring the account balance to $0.00.From a linked Overdraft Line of Credit:- Transfer fee of $10.00. The transfer fee is charged per day;- Funds are transferred in fixed increments of $100.00.
Available
About CDC Federal Credit Union
At CDC Federal Credit Union, we understand each member has different money management skills with unique needs. That is why we offer a wide variety of products and services to meet those needs in your current stage of life. If you are just starting out, you may need a savings and checking account. Or, you may be on your way to retirement and want your money to grow to its full potential. Either way, we are here to help.
We offer the same products and services as a bank does, but with lower interest on loans, higher interest on deposits and of course lower and fewer fees. As a not-for-profit, our focus is your financial health -- not Wall Street. And unlike banks, credit unions are owned and governed by members so it is your money and your financial institution.