Checking

Your checking account is a vital part of your everyday life.

At Transcend Credit Union, we offer the flexibility and convenience you need in a checking account to make your financial life easier. With a broad range of account options, and all the benefits you expect, we can show you how easy checking can be!

	Benefits Checking	Prestige Checking (Dividend Bearing)	Roadmap Checking (Ages 18-25)	Classic Checking
SmartCash Visa Debit Card	Free	Free	Free	Free
e-Teller Online Banking	Free	Free	Free	Free
e-Pay Online Bill Pay	Free	Free	Free	Free
Mobile Banking (data and other wireless carrier charges may apply)	Free	Free	Free	Free
e-Statements	Free	Free	Free	Free
Automatic Overdraft from member account	$5.00 per transfer	$5.00 per transfer	$5.00 per transfer	$5.00 per transfer
Check Printing	Priced according to style	Priced according to style	Priced according to style	Priced according to style
ATM Access MoneyPass ATM Locator	Free unlimited access at all Transcend Credit Union ATMs plus no surcharges through MoneyPass ATM network	Free unlimited access at all Transcend Credit Union ATMs plus no surcharges through MoneyPass ATM network	Free unlimited access at all Transcend Credit Union ATMs plus no surcharges through MoneyPass ATM network	Free unlimited access at all Transcend Credit Union ATMs plus no surcharges through MoneyPass ATM network
Monthly Fee	$3 per month fee	$5 per month fee NO monthly fee with: -5 combined check/e- pay/debit card transactions per calendar month. - Average daily combined deposit balance of $300 or more, or - Loan or Credit Card, or - Members age 25 and younger or age 65 and older, or - First month account open	No monthly fees for those ages 18-25	$5 per month fee NO monthly fee with: -5 combined check/e- pay/debit card transactions per calendar month. - Average daily combined deposit balance of $300 or more, or - Loan or Credit Card, or - Members age 25 and younger or age 65 and older, or - First month account open
Minimum Balance		No minimum balance required to open account. To avoid a monthly fee, please see above.	No minimum balance required to open account.	No minimum balance required to open account. To avoid a monthly fee, please see above.
Qualifications		Direct deposit of at least $800 per month AND Active¹ Smart Cash Visa Debit Card AND Active¹ loan or Visa Prestige Credit Card	Must be 18-25 years of age	N/A

Prestige Checking

Current annual percentage yield as high as 0.30%. APYs are accurate as of the last dividend declaration date. Fees may reduce earnings on this account.

Rate Information

The dividend rate and annual percentage yield may change monthly as determined by Credit Union Management. Dividends are calculated using a tiered dividend rate based on the average daily balance. Your average daily balance for the month that corresponds to the applicable account balance tier will earn the stated dividend rate and be paid on the full account balance when all Prestige Checking requirements are met. The Regular Savings second tier rate will be paid monthly on any amount over $25,000 and will be paid on all balances if Prestige Checking requirements are not met.

Compounding and Crediting

Dividends will be compounded monthly on the average daily balance. Dividends will be posted to your account on the last day of every month.

Dividend Period

The dividend period for Prestige Checking is monthly. For example, the beginning date for the first dividend period of the calendar year is January 1 and the ending date of the dividend period is January 31. Posting date of dividends is the last day of the month. All other dividend periods follow this pattern.

Minimum Balance Requirement

No minimum balance is required to open this account. To avoid a monthly minimum activity fee, please see above.

Transaction Limitations To avoid a monthly minimum activity fee, please see above.

Account Requirements

Prestige Checking requires that you have an active Transcend Credit Union loan or Transcend Credit Union VISA Prestige Credit Card, a Transcend Credit Union SmartCash VISA Debit Card, and have a paycheck, Social Security, retirement check, or other recurring check of $800 or more per month automatically deposited into your account. Your SmartCash VISA Debit Card must reflect a minimum of one transaction every 90 days. Your VISA Credit Card, if you have no loan with the Credit Union, must reflect a minimum of one transaction every 90 days. Repeated months of non-usage may disqualify you from having Prestige Checking and/or earning a Prestige bonus dividend.