Checking Accounts
Bank smarter with an FMFCU checking account. Choose between ADVANCE checking, PERFORMANCE checking with dividends, and FREE checking. Whatever your preference, you’ll be eligible for many value-added features and services from FMFCU. You can’t go wrong! All checking accounts come with the following:
- Unlimited check writing privileges
- Online Banking and Bill Pay
- Online Statements
- Greenlight Debit Card & App for Kids and Teens
ADVANCE Checking
- Advance Pay^ – eligible direct deposits will be available two business days earlier for faster access to your money
- Experian® IDNotify® – this no cost^^ benefit* includes:
- Credit monitoring
- Monthly credit report
- Identity restoration service
- Lost wallet service
- Dark web, social media and social security number monitoring, and much more.
- No foreign ATM fees
- External transfers $5,000 daily limit, higher than our free checking account
- $100 Member Referral Bonus
- Waivable $5.00 monthly fee with a low $500 average monthly minimum balance. Fee is waived for members aged 24 and younger.
^ Direct deposited funds may be available up to two days early. Available for personal accounts only. Not all direct deposits are eligible. Eligible direct deposits are limited to electronic direct deposits of items such as payroll, pension, and government benefit payments made through the Automated Clearing House (ACH). Early availability of direct deposits is not guaranteed and may vary from deposit to deposit. Whether FMFCU makes funds available early depends on when payor’s payment instructions are received, any limitations FMFCU set on the amount of early availability, and standard fraud prevention screening.
^^To receive the free Experian service, you or the joint owner must log in to FMFCU’s Digital Banking and tap My Toolkit under the Menu. Look for IDNotify and follow the registration prompts. FMFCU will waive monthly fees once enrolled. See Experian IDNotify terms and conditions for more information.
Performance Checking
Get higher dividends on higher balances. This is the ultimate checking account for members who maintain high balances and want a checking account that offers yields like a money market account.
- Advance Pay^ – eligible direct deposits will be available two business days earlier for faster access to your money
- Experian® IDNotify® – this no cost^^ benefit includes:
- Credit monitoring
- Monthly credit report
- Identity restoration service
- Lost wallet service
- Dark web, social media and social security number monitoring, and much more.
- No foreign ATM fees
- External transfers $5,000 daily limit, higher than our free checking account
- Free cashier’s checks
- Free statement and check copies
- Next day availability of ATM deposits
- No monthly fee if combined minimum balances are maintained*
^ Direct deposited funds may be available up to two days early. Available for personal accounts only. Not all direct deposits are eligible. Eligible direct deposits are limited to electronic direct deposits of items such as payroll, pension, and government benefit payments made through the Automated Clearing House (ACH). Early availability of direct deposits is not guaranteed and may vary from deposit to deposit. Whether FMFCU makes funds available early depends on when payor’s payment instructions are received, any limitations FMFCU set on the amount of early availability, and standard fraud prevention screening.
^^To receive the free Experian service, you or the joint owner must log in to FMFCU’s Digital Banking and tap My Toolkit under the Menu. Look for IDNotify and follow the registration prompts. FMFCU will waive monthly fees once enrolled. See Experian IDNotify terms and conditions for more information.
Free Checking
The smartest “Totally Free” checking account.
- No monthly service charge
- No minimum balance requirement
- Unlimited check writing privileges
Checking Account Options
Need even more from your checking account? Add on a Personal Line of Credit/Overdraft Protection to provide you with a safeguard from overdrafts, or use it for small purchases or services with a typically lower interest rate than credit cards. Or instead, sign up for Overdraft Privilege without a personal line of credit to protect you from overdrafts.
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Personal Line of Credit/Overdraft Protection
For those smaller recurring loan requests, FMFCU has a personal line of credit that you can attach to your checking account to provide protection from overdrafts.
- General purpose line of credit
- Overdraft protection
- Cash advance through ATM or Online Banking
- No cash advance fees or annual fee
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Overdraft Privilege
FMFCU is pleased to provide Overdraft Privilege (ODP) to help better manage your checking account. Overdraft Privilege (ODP) is a discretionary service provided to eligible members. It is designed to provide a safety net and peace of mind when unexpected emergencies arise. For the cost of a transaction fee, save the expense and embarrassment of having items returned and the additional fees that merchants may charge.
ODP Covers: ODP Does Not Cover: Checks drawn on your account Transactions conducted in branch ACH (electronic) transactions FMFCU Automatic Loan Payments Debit Card/Point of Sale (POS) Online Banking/Mobile Banking/telephone transfer FMFCU Bill Pay Transactions For more information, read our brochure.
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Overdraft Privilege - Opt In
Overdraft Privilege is automatically available to cover Automated Clearing House (ACH) and check transactions. In order to take advantage of this beneficial service for Point of Sale (POS)/Debit Card transactions, an Opt In request is required. Opting in is easy:
- Visit your local branch and complete an ODP Opt In Form.
- Complete this ODP Opt In form and drop off, mail or fax to your local branch.
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Overdraft Privilege - Opt Out
Opt Out of Overdraft Privilege at any time. When you do, all future transactions previously covered by the ODP limit will be declined. Please see the Opt Out form for partial or complete Opt Out preferences and additional details.
- Visit your local branch and complete an ODP Opt Out Form.
- Complete this ODP Opt Out form and drop off, mail or fax to your local branch. If mailing, print, sign and return to:
Franklin Mint Federal Cedit Union
5 Hillman Drive, Suite 100
Chadds Ford, PA 19317