Checking Accounts

Priority Pay

Eligible direct deposits are limited to electronic deposits of items such as your payroll, pension, and government benefits made through ACH. Other deposits or credits to your account such as deposits of funds from person-to-person payment services, checks or mobile deposits, and other online transfers or electronic credits are not eligible.

Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer, Generally, funds are available on the day the payment file is received, which may be up to two days earlier than the scheduled payment date. Early availability of direct deposits is not guaranteed and may vary from deposit to deposit. Any direct deposit not posted early will be made available in accordance with the payment instructions in the ACH file.

Daily transaction limits apply. New member hold limits apply. Federal holidays may affect availability. Available for personal accounts only.

After we have made the deposit available to you and you have withdrawn funds, you remain responsible if any deposit to your account is returned or uncollected by Keesler Federal.

Checking Saver Disclosure

*Checking Saver is a free, variable rate, deposit account with no minimum balance that rewards accountholders with dividends when they meet the minimum qualifications associated with their linked Checking Plus account during each Monthly Qualification Cycle. Learn More.

Checking Plus Disclosure

¹Qualification Information:

Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our credit union as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our credit union. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards.

“Monthly Qualification Cycle” means the current statement cycle.

Visit www.kfcu.org/save-spend-borrow/checking/ for specific Monthly Qualification Cycle dates.

“Statement Cycle” means the period of time for which our credit union provides a summary of the financial activities and transactions that post and settle to the accountholder’s account. Visit www.kfcu.org/save-spend-borrow/checking/ for specific Statement Cycle dates.

²Reward Information:

When your Checking Plus account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $25,000 in your Checking Plus account earn a dividend rate (APR) of 4.89% resulting in an APY of 5.00% and daily balances greater than $25,000 earn a dividend rate (APR) of .50% on the portion of the daily balance over $25,000, resulting in a range from 1.38% to 5.00% APY depending on the account’s daily balance.

You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Checking Plus account during that Monthly Qualification Cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction. When your Checking Plus qualifications are not met, the dividend rate earned on the account’s entire daily balance will be 0.049% resulting in an annual percentage yield of 0.05% and ATM withdrawal fees are not refunded.

Dividends will be credited to your Checking Plus account on the first day following the current statement cycle. Nationwide ATM withdrawal fee reimbursements will be credited to your account on the first day following the current statement cycle.

APY = Annual Percentage Yield. APYs accurate as of 05/01/2023. APY calculations are based on an assumed balance $25,000 + $100,000 in your Checking Plus account and an assumed statement cycle of /thirty-one (31) days.

Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account’s rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.

Additional Information:

Membership restrictions may apply. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.

$25 minimum deposit is required to open the account.

Having at least 12 debit card transactions and at least 1 monthly direct deposit, automatic payment (ACH), or bill pay transaction are conditions of this account. Enrollment in e-statements is also required as an account qualification to receive rewards.

Limit of 1 account(s) per social security number. There are no recurring monthly maintenance charges or fees to open or close this account.

This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account.

Advertised information and rewards are based on all account qualifications being met during each cycle period. Contact one of our credit union service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.

Federally insured by NCUA.

Trademarks:

Checking Pays Disclosure

³Reward Information:

When Checking Pays qualifications are met during a Monthly Qualification Cycle, you will receive 3.00% cash back on up to a total of $300 debit card purchases that post and settle to the account during that cycle period. A maximum of $9.00 cash back payments may be earned per Monthly Qualification Cycle.

**You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Checking Pays account during that Monthly Qualification Cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction.

When your Checking Pays account qualifications are not met, no cash back payments are made and ATM withdrawal fees are not refunded.

Cash back payments and nationwide ATM withdrawal fee reimbursements will be credited to your Checking Pays account on the first day following the current statement cycle.

Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account’s rewards. Rewards less than a penny cannot be distributed.

¹Qualification Information:

Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our credit union as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our credit union. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards.

“Monthly Qualification Cycle” means the current statement cycle.

Click here for Monthly Qualification Cycle dates.

“Statement Cycle” means the period of time for which our credit union provides a summary of the financial activities and transactions that post and settle to the accountholder’s account. Visit www.kfcu.org/save-spend-borrow/checking/ for specific Statement Cycle dates.

Additional Information:

Membership restrictions may apply.

Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.

$25 minimum deposit is required to open the account.

Having at least 1 direct deposit, ACH credit, or ACH payment transaction are conditions of this account.

Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account’s qualifications.

Limit of 1 account(s) per social security number.

There are no recurring monthly maintenance charges or fees to open or close this account.

This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account.

Advertised information and rewards are based on all account qualifications being met during each cycle period.

Contact one of our credit union service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.