Checking Accounts

Life is hectic, and we want to save you time. Did you know FECU  Checking  accounts are convenient and have many benefits?  If you open up a checking account and set up a re-occurring direct deposit of $100.00 or more, and we will give you a $5.00 gift card to Starbucks, Dairy Queen, or Subway to say thank you!  This offer ends October 1, 2020, so take advantage now!

FECU Checking Account Benefits

  • VISA® Debit Cards and free ATM transactions are available
  • Overdraft line of credit up to $1,000
  • No minimum balance requirement
  • No minimum deposit needed to open a checking account with FECU
  • Unlimited check writing
  • First box of 150 duplicate checks are free
  • Dividends are compounded daily and paid monthly
  • E-statements (required with a checking account)
  • Free online banking
  • Free Mobile Banking with mobile deposit capture
  • Free bill pay
  • Free check copies in online banking for the previous 12 months

Here are some steps to help ease of the process of changing to a new checking account.

  1. Open a FECU checking account with a debit card
  2. Enroll in FECU Online Banking and download the FECU mobile app.
  3. Prepare a list of everything that is automatically deducted from your prior checking account/debit card.  This is also a great way to re-evaluate your budget! 
  4. Change your direct deposit with your employer.  If you are a Federated Insurance employee, you can also set up payroll deduction with FECU.  It’s easy!  Fill out this form and return it to us. 
  5. Once your direct deposit has started in your new account, start changing your automatic deductions/payments to the new account.
  6. Login to Online Banking to manage your new account. 

Email us at to get started today!  Not a member yet? Join today and get all the amazing benefits of membership at FECU!


Published Date:August 24, 2020

Categories: News