Get free and convenient checking
Instead of offering multiple checking accounts with tiers, fees, and confusing packages, CoVantage Credit Union offers just one type of checking account for all eligible members. This is just one of the many ways we keep our costs low to pass along savings to our members!
Our fee-free checking account offers:
- No monthly service charge and no minimum balance
- Unlimited check writing
Free ATM/debit card to use with your checking account. Every transaction will be detailed on your monthly statement. There is never a transaction fee.
MyCoVantage online and mobile banking with bill pay, e-Statements, and remote deposit (mobile app only)
Kwik Cash overdraft protection available
- Plus, earn a dividend with a minimum daily balance of $500 or more
Depositing to your Checking Account
Deposits can be made in person, by mail, by night deposit, direct deposit, or by using the MyCoVantage app remote deposit capture. You can also make transfer deposits using MyCoVantage or TEX.
Automatic Deposits and Withdrawals
You can set up automatic withdrawals to be made from your checking account for loan payments, mortgage payments, insurance premiums, for deposits like social security and tax refunds, or any other type of
electronic payment or deposit
You have the choice to receive monthly mailed statements or electronic
, which detail deposits and withdrawals to help you balance your account.
Automatic Savings Transfer
Automatic transfers in increments of $25 will be made to checking, from savings, in the event you overdraw your checking account. All members who have both a savings and a checking under the same account number have this automatically set up on their account. A fee of $2.50 will be assessed when an automatic savings transfer is made. To avoid this charge, apply for a
overdraft protection loan.