Checking Accounts in Vermont
802 Credit Union offers you the best of both worlds when it comes to convenience and full-service opportunities. Our checking accounts have all the features you want in a checking account:
- No monthly account fee
- No minimum balance requirement
- Mastercard® debit card
- Free online banking
- Unlimited check-writing
- Free eStatements
- Free Bill Pay
- Low-cost personalized checks that come in a variety of styles and colors
Free & Clear Checking
A Base Shares account is required to open a Free & Clear Checking account.
Features
- No minimum balance or direct deposit requirements and no monthly service charges/fees.
- $750 overdraft privilege (ODP) available (with $25 fee per overdraft).
- ODP available after account has been open for 30 days, has maintained a regular balance, and has been used in a responsible manner with no returned drafts/items.
- Items covered/paid by ODP include checks, ACH withdrawals, and pre-authorized debit card transactions.
- Extended coverage can be added for ATM and one-time debit card transactions.
- Non-interest-bearing account.
- Statements (paper or electric) are generated monthly.
- Can be combined with all other 802CU accounts into one monthly statement.
Benefits
Temporary checks available at all 802 Credit Union branches
- $2 fee per page (four checks per page)
Checks available through Harland Clarke
- Cost varies depending on style and personalization.
Base Shares and Special Savings account(s) can be linked as draw accounts
- Automatically transfer funds once daily from a savings account (if available) to cover purchases from a checking account with insufficient funds ($2 fee withdrawn from draw account per transfer).
Debit card available for ATM access (checking and savings) and purchases (checking only)
- $2,000 daily spending limit (can be adjusted by request for limited time frames)
- $500 daily ATM withdrawal limit
Mobile check deposit available via 802 Credit Union mobile app
Overdraft Loan can be used as a draw account
Free Bill Pay via Online Banking
Overdraft Options
Transfer from Shares
All checking accounts are set up with automatic overdraft protection from your savings account. This means that if you overdraw your checking account, we will automatically transfer funds from your savings account to cover it, if the funds are available. You will be notified by mail if we must transfer to cover insufficient funds, and there will be a $2.00 fee associated with each transfer. To avoid this fee, you can initiate the transfer yourself via online banking or our 24-Hour Telephone Teller Service. You can also call one of our branches during regular business hours and have a staff member transfer the funds for you.
Overdraft Loan
We offer an Overdraft Protection Line of Credit. This special loan covers insufficient funds for a fee. Please contact us for more information.
Overdraft Privilege
This service allows you to overdraw your account up to a set limit for a fee in order to pay a transaction. It is a convenient safety net that can save you both money and embarrassment. Accounts will be charged the standard overdraft fee of $25 for handling each overdraft created by check, ACH, point-of-sale, ATM withdrawal, in-person withdrawal, or other electronic item that is paid and $27 for items returned.
Become a Member and Elevate Your Financial Experience
Join 802 Credit Union today to unlock personal financial services designed to help your money grow faster and go further. From fee-free checking to flexible savings options, membership offers a lifetime of benefits.
Learn More About Membership | Join Today
Already a Member?
As a member of 802CU, you’re already set to unlock more financial opportunities. Apply for your checking account today in our Online Banking portal and continue maximizing your financial potential with competitive products and personalized service.
