Checking

Choose which account best fits your lifestyle.

Schools Financial gives you access to ever-convenient, low-cost checking accounts designed to free up time and make life easier.

Feature Banking for Everyone Checking Interest Checking Premier Money Market Checking
30,000 FREE ATMs Nationwide Through the CO-OP Network Yes Yes Yes
FREE Online Banking & BillPay Yes Yes Yes
FREE Mobile Banking Yes Yes Yes
FREE eStatements Yes Yes Yes
Interest Earned Yes Yes
FREE Audio Teller Yes Yes Yes
Minimum Balance to Open $1 $1 $1
Monthly Service Fee Waived with eStatements1 Waived with minimum balance1 Waived with minimum balance1



2017

1 All checking accounts may be subject to a monthly service charge as disclosed in the Schedule of Fees and Charges. See the Schedule of Fees and Charges for additional information regarding monthly service charges.

Educator RewardsSM

We reward our longest standing membership base — educators — with a custom-designed package to address their unique needs and help them better serve our children and our community.

  • Discounted equity loans and lines of credit with 0.25% off the approved rate when payments are automatically transferred from a Schools Checking account
  • FREE box of Schools Custom checks per year
  • Administrator Credential Loan1
  • Classroom Supplies Loan2
  • Teacher Certification Loan3
  • Teacher Relocation Loan4

1 Available to educators with a personalized acceptance letter from participating Offices of Education. Ask for details.
2 Available to certificated employees only.
3 Available to certificated employees who qualify for the National Board for Professional Teaching Standards (NBPTS) test only. Subject to Credit Union policies and procedures.
4 Available to certificated employees only. Must provide proof of a signed contract with a school in Schools Financial’s field of membership.

Senior Saver ClubSM

Members age 55 and better receive special discounts and benefits when enrolled in the Senior Saver Club.1

  • FREE Schools Custom checks — two boxes per calendar year — or credit toward two other check style purchases
  • FREE Interest Checking account
  • FREE American Express® Travelers Cheques
  • FREE wire transfers, up to four per year
  • FREE stop payments and statement copies, up to four per year
  • FREE tote bag with new membership
  • FREE counter checks, up to four per day
  • FREE postage-paid, transaction-by-mail envelopes

1 To avoid a $5 monthly service charge, you must maintain monthly direct deposit of your paycheck, retirement or Social Security check or an aggregate balance of $5,000 or more in deposits and/or loans.

Teen Package

Teens age 13-17 have a special package to cater to their needs and promote healthy saving habits. A parent/guardian co-signer is required to receive these benefits:

  • Banking for Everyone Savings
  • Banking for Everyone Checking
  • FREE BillPay and SchoolsOnline
  • Schools Debit Card or ATM Card
  • FREE first box of Schools Custom checks
  • A 12-month College Saver Certificate, which includes:
    • Low $200 opening deposit and minimum balance requirements
    • Unlimited deposits of $25 or more
    • Earnings at the 12-month Premium Rate Certificate rate, adjusted annually
    • One-time, penalty-free early withdrawal for college
 

Loan Rates