Checking Products
Minimum Initial Deposit: $50.00
Monthly Service Fee: Free
Minimum Balance to Earn Dividends: $10,000.00
Balance Courtesy Pay
Overdraft Protection
25% Savings on Safe Deposit Box
eStatements, Online Banking & Bill Pay Required
Minimum Initial Deposit: $50.00
Minimum Balance Fee: $5***
Minimum Balance to Earn Dividends: N/A
Courtesy Pay
Overdraft Protection: N/A
Bonuses: N/A
Minimum Initial Deposit: $1500.00
Minimum Balance Fee: $10****
Minimum Balance to Earn Dividends: $2500.00
Courtesy Pay: N/A
Overdraft Protection
Free Coin Verification
A Free Box of Checks per Year (1)
50% Savings on Safe Deposit Box
Free Accidental Death & Dismemberment Insurance
Minimum Initial Deposit: $200.00
Minimum Balance Fee: $15.00 – Minimum balance of $5,000.00 required to avoid a $15.00 service charge.
Minimum Balance to Earn Dividends: $1,000.00
Free Plus Checking
(Rates based on average daily balance)
Minimum Deposit: $50.00
| Balance to Earn Dividends | Dividend Rate | APY* |
|---|---|---|
| Tier I $50.00-9,999.99 | 0.00% | 0.00% |
| Tier II $10,000-24,999.99 | 0.15% | 0.15% |
| Tier III $25,000-99,999.99 | 0.20% | 0.20% |
| Tier IV $100,000 and greater | 0.25% | 0.25% |
Basic Checking
(Rates based on average daily balance)
Minimum Deposit: $50.00***
Diamond Club Checking
(Rates based on average daily balance)
Minimum Deposit: $1,500****
| Balance to Earn Dividends | Dividend Rate | APY* |
|---|---|---|
| Tier I $2,500.00-24,999.99 | 0.15% | 0.15% |
| Tier II $25,000.00-49,999.99 | 0.25% | 0.25% |
| Tier III $50,000.00-99,999.99 | 0.30% | 0.30% |
| Tier IV $100,000.00 and greater | 0.35% | 0.35% |
Business Checking†
(Rates based on average daily balance)
Minimum Deposit: $200.00
| Balance to Earn Dividends | Dividend Rate | APY* |
|---|---|---|
| $1,000.00 | 0.10% | 0.10% |
†Minimum balance of $5,000.00 required to avoid a $15.00 service charge.
* APY – Annual Percentage Yield. Minimum average daily balance required to obtain the APY for the dividend period.
*** – Minimum Balance of $500 to avoid $5 Minimum Balance Fee.
**** – Minimum Balance of $1,500 to avoid $10 Minimum Balance Fee.
The Board of Directors, as required by law, reviewed and set the rates to be paid on the following accounts effective September 1, 2024. Rates are subject to change without prior notice. For further information regarding applicable fees and terms, contact an employee at any Security First Credit Union Office.
