Checking Accounts Overview

Get a Checking Account Tailored to Meet Your Needs. . . Enjoy the convenience.

At West Virginia Federal Credit Union, we offer a variety of Checking Account options. Try our Regular Checking, Gold Checking, which earns interest, or our Fresh Start Checking, which is a second-chance account. Whether you have direct deposit and like to use your debit card or just need an extra account to manage your money, West Virginia Federal Credit Union has an account to meet your needs.

  • Regular Checking

  • Gold Checking

  • Fresh Start Checking

Regular Checking

Need a simple Checking Account to meet your everyday banking needs?

Features

  • $50 minimum initial deposit

  • No minimum balance to maintain

  • Non-interest-bearing

  • No monthly maintenance fee

  • No per draft check charge

Benefits

ALL THE BENEFITS AT NO EXTRA COST!

Stop by West Virginia Federal Credit Union today to open your Checking Account.

Gold Checking

Looking for a checking account that earns a higher rate of interest?

Features

  • $5,000 minimum initial deposit

  • Dividends are compounded and credited monthly

  • Minimum balance requirement of $500 to avoid a maintenance fee

  • Minimum daily balance of $5,000 to earn stated APY

  • APY based on a tiered balance

  • Free Debit Visa Card with rewards

Benefits

ALL THESE BENEFITS AT NO EXTRA COST!

Stop by West Virginia Federal Credit Union today to open your interest-bearing checking account today!

Fresh Start Checking

Need a Checking Account, but everyone turns you down? Have you been denied an account due to bad credit or past banking problems?

At West Virginia Federal Credit Union, we have designed an account for people who are faced with these life challenges, but desire to improve their past banking problems. Let us give you the opportunity to change your financial future today with our Fresh Start Checking.

Features

  • $100 minimum initial deposit

  • Monthly maintenance fee applies

  • Unlimited check writing

  • Free Debit Visa Card

  • No minimum balance requirements

  • Non-interest-bearing

Benefits

ALL THE BENEFITS AT NO EXTRA COST!

Bonus: If you maintain your Fresh Start Checking in good standing for 1 year, you may request our Regular Checking package. At West Virginia Federal Credit Union, we believe everyone deserves a SECOND CHANCE! Stop by one of our convenient locations to get started.

Best Practices for Members to Prevent NSF’s/Overdrafts

How do NSF’s/overdrafts occur? When you write a check, withdraw money from an ATM, use your debit card to make a purchase, make an automatic bill payment or electronic payment for more than the amount in your share draft checking account, the credit union has the choice to either pay the amount or not. If it pays even though you don’t have the money in your account, you may be charged an "overdraft fee" in addition to owing the overdraft amount the credit union advanced to honor your transaction. If the credit union returns your check without paying it, you may be charged a "nonsufficient funds" or NSF fee.

What is the best practice to prevent costly NSF’s/overdrafts? Avoiding NSF/overdraft situations are the lowest-cost way to protect your hard-earned money. To help avoid NSF’s/overdrafts, utilize the best practices listed below.

  • Know your balance. Keep track of how much money you have in your checking account by keeping your account register up to date.

  • Keep an eye on your account balance. Remember that transactions arrive at the bank using different channels and may not be processed in real time or in the order in which they occur. You can monitor your balance by using our Mobile App and Online Home Banking site. You can also set e-alerts to get a text or e-mail notification for various account activities and balance warnings. You may also visit an ATM to access your account balance.

  • Pay special attention to your electronic transactions. Record your ATM withdrawals and fees, debit card purchases and online payments you may have set up for utilities or loan payments.

  • Know when your funds are available. Many deposits are processed faster than ever, but larger checks or some electronic transfers may not appear until a couple of days later. Make sure you have enough money available in your account to pay your bills or purchases before you spend it.

  • Review your account statements each month. Between statements, you can find out which payments have cleared and check your balance by actively using our Mobile App and Online Home Banking site. Also set e-alerts to get a text or e-mail notification for various account activities and balance warnings or you may visit an ATM to access your account balance.

By timely reviewing your periodic statement, you will be able to track what you pay each month and throughout the year for nonsufficient funds (NSF) fees and overdraft fees. Note: totals for nonsufficient funds fees and overdraft fees only appear in designated boxes on your periodic statement if there has been an occurrence of these fees.

  • If you do overdraw your account, get money back into your account as soon as possible. Remember that you need to put enough money back into your account to cover both the amount of your overdraft and any fees.

  • Avoid using overdraft protection/courtesy pay on a regular basis—it is a costly habit.

  • When the credit union is providing overdraft/courtesy pay services, the paying of NSF/overdraft items is a discretionary matter. There is no guarantee that the credit union will cover any particular check, ATM withdrawal, debit card or other electronic transactions that overdraws your account. In other words, this type of coverage is not unlimited and is discretionary.