Connecting you to safe, affordable banking.
No fees, no minimums. It's that easy.
| Direct Access Checking | No Fee Checking | Dividend Checking | High Balance Dividend Checking |
|
|---|---|---|---|---|
|
Minimum Balance to Open2 |
$0 |
$0 |
$500 |
$2,500 |
|
Minimum Balance to Avoid Monthly Fee |
$0 |
$0 |
$500 |
$2,500 |
|
Monthly Fee |
$0 |
$0 |
$3 |
$6 |
|
Earns Dividends |
False |
False |
True |
True |
|
Overdraft Pay Advantage Allowed |
False |
True |
True |
True |
|
Free Overdraft Transfer from Savings3 |
True |
True |
True |
True |
|
Insufficient Funds Fee |
False |
True |
True |
True |
|
RCU ATM Fee |
$0 |
$0 |
$0 |
$0 |
|
Co-op ATM Fee |
$0 |
$0 |
$0 |
$0 |
Bank On Certified
RCU’s Direct Access account is certified as meeting Bank On National Account Standards for safe and affordable bank accounts with no overdraft fees.
Why Choose RCU?
At RCU, we’re passionate about helping our Members improve their lives. If you want a credit union that keeps your unique needs in mind and helps you envision and manage your financial future, the friendly experts at RCU are here for you.
Named one of America’s Best Credit Unions by Newsweek
Recognized by Forbes as one of America’s Best Small Employers 2023
Good service and no fees! The tellers work pretty fast to keep the wait time down, which I really appreciate."
Mobile and Online Banking
Easily manage your money with online and mobile banking.
It's never been easier to track spending, save money, and stay in control of your finances. Online banking can help you do all this from the comfort of your home or office, or use mobile banking to manage your account anywhere.
Have a question?
At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.
Enjoy peace of mind with a Direct Access account
Keep more of your money by avoiding fees with this no-cost, no-frills spending account.
-
1Certain restrictions may apply. Recipient must have a US Bank Account. Once a recipient claims their funds, transfers are generally completed within 1 business day or less, but may take up to 3 business days. Message and data rates may apply. Mobile Banking from RCU is free, but you may incur data charges from your carrier/service plan. Please check with your carrier and service plan on specific charges.
2Must open membership savings account with a $5 balance per account owner.
3Must set up overdraft transfer from savings in online banking, by phone, or at a branch.
All Highlights
-
No maintenance fees
Pay no monthly service, minimum balance, or debit fees with your Direct Access account.
-
No overdraft fees
If you spend more than your available balance, your transaction will simply decline so you don’t incur overdraft fees. If your account has a negative balance, you will not be charged overdraft fees.
-
Free contactless Visa debit card
Spend securely with a Visa debit card featuring contactless payment technology and zero liability fraud protection.
-
Free online and mobile banking services
Manage your account from online banking or the RCU mobile app to pay bills, make deposits, transfer funds, and more.
-
Free RCUpay person-to-person payments1
Quickly send money to people you know with RCUpay, our free money transfer tool in online banking and the mobile app.
-
Free Nationwide ATM access
Utilize RCU ATMs or any of our 30,000 Co-op® network ATMs nationwide for free access to your funds.
Open a Direct Access account
You can open a Direct Access account over the phone or in-person at an RCU branch.
Need help?
Conveniently schedule a time to meet in person or speak on the phone with one of our team members.
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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