Checking

Checking options our competition can't match!

A checking account isn't just another "Banking Relationship" at CFCU, we view it as another chance to wow you! Whether you choose our paperless eChecking, the Classic Checking option, or the wildly popular Premiere Checking, we think you'll notice a difference when your most important account is at CFCU.

eChecking

A checking account created for those who bank online and simply want a checking account without any monthly maintenance fees.

Benefits:

Classic

A checking account created for those who don't want to worry about keeping an average daily balance to avoid a fee, yet appreciate a dividend and flexibility on statement delivery.

Benefits:

Checking Account Rates

  •  Rates as of 8/1/17
Type Average Daily Balance Annual Percentage Yield (APY)1 Alert Me
Classic Minimum $200 to earn APY 0.01%
Premiere Minimum $500 to earn APY 0.03%

Truth in Savings Disclosure

  • 1Compounded Monthly. The APY is a variable rate and may change after the account is opened. Fees may reduce earnings.

Premiere

Our Premiere Checking has all the benefits of the Classic Checking, with many "Perks" our members love. Why is it such a popular offering in Cortland and Tompkins County? All we ask is that you maintain a $500 average daily balance* and set up your direct deposit to this account.

Benefits:

Premiere Perks

  • $1 per month MasterCard Debit Card fee waived.

  • Dividend Increases on new Certificates.

  • $10 discount on every box of checks ordered through CFCU.

  • Free Teller Checks.**

  • Higher Dividends than Classic Checking.

Checking Account Rates

  •  Rates as of 8/1/17
Type Average Daily Balance Annual Percentage Yield (APY)1 Alert Me
Classic Minimum $200 to earn APY 0.01%
Premiere Minimum $500 to earn APY 0.03%

Truth in Savings Disclosure

  • 1Compounded Monthly. The APY is a variable rate and may change after the account is opened. Fees may reduce earnings.


* The average daily balance is determined by adding end of day balance in the account for each day of the month and dividing by the number of days in the month. If your average balance falls below $500 for the month, you pay a $5 per month fee.

** Limit 2 teller checks per visit, 6 per month.

Compare

Premiere or Classic or eChecking - Which is right for you?

Benefits on all accounts:

Benefit only on Classic Checking:

  • No Minimum Balance Requirements while earning dividends.

Benefit only on eChecking:

Benefits only on Premiere Checking:

  • Dividend Increases on new Certificates.

  • Free MasterCard Debit Card while earning dividends.

  • $10 discount on every box of checks ordered through CFCU.

  • Free Teller Checks.*

  • Free Traveler's Checks.

  • Higher Dividends than Classic Checking.

Checking Account Rates

  •  Rates as of 8/1/17
Type Average Daily Balance Annual Percentage Yield (APY)1 Alert Me
Classic Minimum $200 to earn APY 0.01%
Premiere Minimum $500 to earn APY 0.03%

Truth in Savings Disclosure

  • 1Compounded Monthly. The APY is a variable rate and may change after the account is opened. Fees may reduce earnings.


* Limit 2 teller checks per visit, 6 per month.

Direct Deposit

Setting up your Direct Deposit:

Why wait for your funds to become accessible when you can set up Direct Deposit and access them quicker? Head to your Human Resources / Payroll Department today and give them our Routing Number (221381540) and your MICR number at CFCU. This convenience can also be set up with Retirement Checks, Social Security, and other Federally recurring payments.

  • What is a MICR number and how do I find it?

    The MICR number appears at the bottom edge of a check. MICR stands for Magnetic Ink Character Recognition. The ink is read electronically by a machine for security and record-keeping purposes. The MICR number consists of three sets of numbers—the routing/transit number, account number, and check number.

    This number is found at the bottom of your checks.

    Personal Check

    Business Check

Any questions about how to set up Direct Deposit for your particular situation? We're here to help in person or on the phone.

Contact Us

Call Center (Mon-Fri. 8am-5:30pm; Sat. 9am-12pm) - 607-257-8500 - Toll free 800-428-8340

contact.us@mycfcu.com

CFCU Insurance Services (Mon-Fri. 8am-10pm; Sat. 8am-5pm) - 844-835-7646

MAXX Phone Banking - 607-257-8113 - Toll free 800-782-9413

Lost/Stolen Debit Card - 800-472-3272

Lost/Stolen Visa Card - 

866-205-8314 (Domestic) or

703-463-2473 (International)

    -Option 2

CFCU will never contact a member electronically to obtain personal information. If you receive this type of communication, please contact us immediately to report.

FAQ

1 in 12 ATMs in the US!

CFCU's affiliation with the AllPoint ATM Network gives our members a surcharge-free ATM experience at over 55,000 ATMs worldwide!

Download the AllPoint ATM finder App today!

Android Version

iOS Version (Apple)

Register for MasterCard SecureCode here.

Electronic Funds Transfer Agreement and Disclosure

Funds Availability Disclosure

Courtesy Pay Policy and Disclosure

Notice: Same day processing of Automated Clearing House (ACH) Debits Coming Soon.

What is ACH?

The ACH Network processes two types of transactions: Direct Deposits and Direct Payments. As a CFCU member, you are using the ACH Network whenever you provide your CFCU account number and routing number to authorize a Direct Deposit or Direct Payment.

Direct Deposit via ACH is the deposit of funds for payroll, government benefits, tax and other refunds, and annuities and interest payments. It includes any ACH credit payment from a business or government to a consumer.

Direct Payment via ACH is the use of funds to make a payment. Individuals or organizations can make a Direct Payment via ACH as either an ACH credit or ACH debit.

What’s changing?

Currently, credit transactions are posted multiple times per day while debit transactions are posted to accounts only once per day. Beginning September 15, 2017, debit transactions will also be processed multiple times per day. This change affects all U.S. financial institutions, not just CFCU.

How does this affect me?

Previously, you may have seen debits posted to your CFCU account once per day. Going forward, ACH debits will post multiple times throughout the business day. This means that certain payments made by writing a paper check, paid by phone, and paid online could clear your CFCU account on the same day you write the check or authorize the payment, so funds may leave your account sooner. Standard fees will apply for returned items or items that overdraw your account.

What are the benefits of Same Day ACH debits?

The conversion to Same Day ACH debits will enable you to make easier bill payments on time as well as provide faster crediting when you are moving money between accounts that you own at different financial institutions. In addition, you will have access to more up-to-date information about your actual available account balance more frequently throughout the business day.

Will my direct deposit be affected?

No. Your direct deposit will continue to be credited to your account on the correct posting date.