Ask about our checking accounts!
Consumers now have fewer choices in checking accounts, according to a study by Moebs $ervices, Lake Forest, Ill., but the type credit unions like SIU Credit Union offers is the most in demand: free.
As recently as six years ago the number of checking accounts offered was 11 or more, Moebs reports. But these accounts have evolved to three basic types: interest, free, and basic. Banks are moving quickly to interest or basic checking, while credit unions offer mainly free checking.
About 80% of credit unions offer free checking, compared with fewer than half (47.9%) of banks, according to the 2014 Moebs study.
At SIU Credit Union, we offer a free checking account to members who opt into receiving monthly E-Statements instead of paper statements. If you don’t already qualify for free checking, it’s easy to do so by all you have to do is have a clear ChexSystem record, open with at least $50, and enroll in E-Statements.
Find the account for you.
Looking for an account that pays interest or need some help getting back on your feet? We have accounts that meet those needs too. Our Emeritus account earns interest for members 55+ and our Fresh Start account provides assistance to those that might have had trouble opening an account in the past.
For a limited time, when you open any new checking account with SIU Credit Union, earn 25,000 Bonus Power Points and enjoy FREE features! Power Points can be redeemed for gift cards, discounts on loans, or to earn a higher dividend rate on your certificate.
All of our accounts offer the services you expect:
- Online Banking
- Mobile Deposit
- Visa® Debit Card
- Online Bill Pay
- Mobile Deposit
- CO-OP Shared Branch
- Allpoint & CO-OP ATM Networks
- And more!
Ready to open an account?
You can open an account online, start the process of switching your accounts, or talk to a SIU Credit Union member service representative today about checking and debit services that fit your needs, at the best price.