Get checking with the benefits you deserve
Earn dividends on your balance and rewards points on your spending.
Overview
If you’re over age 55, you’ve earned some benefits. With RCU’s free senior checking account, you’ll earn dividends on balances of $500 or more, rewards points on debit purchases, and higher rates on RCU certificates and money markets. Plus, it’s totally free.
Rates1
View all RatesDividend earning checking
As high as  % APY-
Good to know
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Must be age 55+
You can open a senior checking account when you're age 55 or above.
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
I've been an RCU member for several decades. Super glad there's a branch near my home in Sebastopol; the folks there, like Emma, are always friendly, helpful and pleasant to deal with."
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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.
You deserve a checking account that takes care of you
With free checks, dividends on balances of $500+, and much more for anyone age 55 or above, you'll love the benefits of senior checking.
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1APY = Annual Percentage Yield. Fees may reduce earnings.
2Cash advance transactions and balance transfers are excluded from earning points. Debit rewards available for personal accounts only and on signature-based and PIN-less transactions only. Business accounts are ineligible for debit rewards. All rates, terms and special offers subject to change. Certain restrictions apply.
3Free checks are limited to the RCU corporate image checks only.
4First two non-RCU ATM fees reimbursed with active checking; first four non-RCU ATM fees reimbursed with active checking and active RCU loan or credit card. Active = at least one transaction or payment in prior month. (Up to $10 per transaction, casino/gambling and ATMs outside U.S. excluded from reimbursement).
5Certain restrictions may apply. Recipient must have a U.S. 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.
All Highlights
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Free checking
You pay zero fees. That means no minimum balance fees, no monthly services fees, and no fees for writing checks.
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Dividends on balances of $500 or more
Your money makes money—enjoy dividends every month on balances of $500+.
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Free debit card & rewards program2
Your free debit card automatically earns reward points with every purchase. Redeem your points for cash back, travel, merchandise, and more!
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Free checks3
Get free checks to use for everyday spending, paying bills, and more.
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Rate bonuses
Earn a higher rate on select RCU certificates and money market accounts when you have an active checking account.
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Free overdraft protection options
You can have options to protect your account from overdraft charges to help give you peace of mind.
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Nationwide ATM access
Enjoy free access to 30,000 Co-op® ATMs nationwide for easier access to your funds. Or get cash at nearly any ATM fee-free up to 4 times per month with our ATM reimbursement program.4
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Free online and mobile banking
Earn a higher rate on select RCU certificates and money market accounts when you have an active checking account.
Open a Senior Checking Account
You can open a senior checking account 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.
Already a Member?
Give us a call and we can go over options to upgrade your existing accounts.
Rates
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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