A checking account is the center of your financial life – this is where you’ll most likely deposit your paycheck, access money to make purchases and pay bills, and when you have extra, transfer money into a savings or investment account. It’s important to select a checking account that helps you meet your goals.
To help focus your search, consider this list of the most common checking account features:
1. Monthly Cost
| Keep in Mind: | Sunward Checking Account: |
| Monthly fees | No monthly or low-balance fees |
| Minimum balance requirement | No minimum balance or initial deposit required |
2. Overdraft Fees
| Keep in Mind: | Sunward Checking Account: |
| If you accidentally spend more than you have by overdrawing your account, you’ll be charged an Non-Sufficient Funds (NSF) fee. | $25 NSF fee2 - Members age 18-25, you can request one NSF fee refund per quarter3. |
| The 2014 national average for an NSF fee was $32.74.1 | Free automatic overdraft protection from your savings account |
3. Debit Card
| Keep in Mind: | Sunward Checking Account: |
| Some banks charge a monthly debit card fee. | Free Mastercard Debit Card |
| ATM transaction fees | Unlimited surcharge-free CU Anytime and CO-OP ATM transactions when you enroll in eStatements and eNotices |
4. Account Access & Management
| Keep in Mind: | Sunward Checking Account: |
| ATM and branch locations | Nearly 30,000 surcharge-free ATMs and 5,000 shared branches nationwide |
| Options for online and mobile banking | Access accounts anytime, anywhere with online banking, our mobile app, and the automated phone system. |
| Deposit checks with your smartphone using mobile deposit. |
5. Customer Service
| Keep in Mind: | Sunward Checking Account: |
| Talk with someone who can help. | Our Contact Center, located in Albuquerque, is available to assist you by phone or secure online banking message during business hours. |
| Convenient locations | Visit any of our branches to speak with a representative. |
Learn more or open a Sunward checking account today.
1 http://www.bankrate.com/finance/checking/checking-account-fees.aspx
2 Courtesy pay allows for authorization and payment of checks and automatic bill payments for a $25 fee per instance for members in good standing. This discretionary service can also be extended to cover ATM transactions and debit card transactions. For more information, ask a Sunward representative or see the Sunward Universal Disclosure and Member Handbook.
3 Valid only for Young Adult Checking accounts for members age 18-25.
