Investment Checking
Our Investment Checking account offers dividends, and is designed for Members who consistently maintain a high monthly balance and use their account to hold funds or transfer them between investments.
Features
- Earns dividends
- No monthly fee with a minimum single direct deposit of $250 AND a daily minimum combined share balance of $1,000; or a daily minimum combined share balance of $2,500 *
- Unlimited check writing
- Free Debit MasterCard® card
- Free and unlimited use of more than 25,000 SchoolsFirst FCU and The CO-OP Network ATMs nationwide
- Six free non-SchoolsFirst FCU/The CO-OP Network ATM withdrawals per month **
- 24-hour access to online banking and TellerPhone
- $100 initial deposit to open account
- Free for Members age 62 and above, regardless of daily minimum combined share balance.
Investment Checking Rates
Variable rate account. Rates effective as of 11/20/2008 and are subject to change daily.
|
Min. Opening Balance |
Dividend Rate
|
APY
|
|
|
$100 |
0.25% |
0.25% |
|
APY = Annual Percentage Yield
Fees could reduce the earnings on this account
* Monthly service charge of $6 when direct deposit and/or minimum share balance requirements are not met.
** $1 charge for each additional withdrawal. Other financial institutions or merchants may charge for use of their ATM or POS terminal.
