Stories Matter
Checking Accounts
Where Flexibility Meets Security
At Media Credit Union, we believe managing your finances should be simple and stress-free.
That’s why we’re proud to offer a range of FREE CHECKING ACCOUNT options designed to suit your unique needs, whether you’re handling personal finances, running a business, or seeking a shared account solution.
Why Choose Media Credit Union for Your Checking Account?
- No Monthly Account Fees: Enjoy checking without the worry of monthly fees.
- No Non-Sufficient Funds (NSF) Fee for Returned Items: We support our members through financial challenges, so there are no NSF fees on check deposits from third parties that you accepted in good faith.
- Member-Centric Banking: As a member, you have a voice and a vote in how we operate. We focus on your well-being over profits.
- Community and Commitment: Join a network of storytellers who value relationships and financial empowerment within our community.
Checking Accounts We Offer
- Free Personal Checking: Manage your daily finances without worrying about monthly account fees or minimum balance or minimum transaction requirements. Our free personal checking account is straightforward and hassle-free, so you can focus on what truly matters.
- Free Shared Accounts (Banking Together):
- Ideal for couples, families, or business partners.
- Foster financial collaboration with multiple users managing funds under a single account.
- Ensure transparency and inclusivity in handling finances together.
- Free Business Checking:
- Perfect for businesses of all sizes.
- Separate business and personal transactions.
- Simplify tax preparation by isolating business transactions.
- Gain insights into business spending for better budgeting.
- Create a more professional appearance to customers, which can help build trust and establish a brand as successful and stable.
Membership Requirements
- Minimum Deposit:
- $50.00 for members over 18 years old.
- $5.00 for members under 18 years old.
- Establish Membership: Your initial deposit establishes your membership and ownership share in the credit union.
- Cancel Membership: Withdraw your minimum deposit and close your accounts (unpaid debts may offset this deposit).
Additional Services for Checking Accounts
Explore more services on our services page, including:
- Dollar Round-Up Service on each checking transaction.
- Our $400 Courtesy Pay Service.
- Overdraft Protection (ODP) Options.
Understanding Share Draft Accounts vs. Checking Accounts
A checking account is offered by banks and allows you to deposit money, withdraw cash, write checks, and use a debit card for daily transactions. A share draft account functions the same way but is offered by credit unions, reflecting your membership and ownership. While the terms are often used interchangeably, remember that share draft accounts signify your status as a credit union member.
Why choose media credit union?
Member Owned: As a not-for-profit organization, any extra money made is returned to members through better rates on loans and savings, lower fees, or additional services.
Community Focused: We focus on serving the financial needs of our local communities, which benefits the community we live in. Members help each other financially, creating a supportive and collaborative environment.