Free Checking

reward yourself with free premium checking

Get what you need and more with our selection of free* checking accounts. Central One offers you the right account for your lifestyle, with no minimum balance requirements and no monthly service charges. 

Learn about Checking Account Basics in our Financial Literacy Education Center.

Premium Checking

 
Our free Premium Checking account rewards you with no hoops to jump through.
 
  • 10¢ Cash Back for each POS debit transaction
  • Up to 2 days early access to regular direct deposits
  • Up to $12 per month ATM reimbursement for out-of-network ATM Fees
  • Receive 0.50% discount on Consumer Loans^ when payment is auto-deducted from Premium Checking account  
  • Mortgage discount programs (First Time Home Buyers and Primary Residence purchases)
  • Bonus rate on Certificates of $10,000 or more
  • No-fee Coin Counting Machine service
  • 50% discount of 1st year Safe Deposit Box rental fee
  • 1 free box of basic checks per calendar year
  • Overdraft protection options available
  • PLUS all of the standard features and benefits listed below 

Regular Checking


Our free, Regular Checking account is an interest-bearing account offering the features you've come to expect in a checking product. We promise ... it really is free!
 
  • Receive 0.25% discount on Consumer Loans^ when payment is auto-deducted
  • Overdraft protection options available 
  • PLUS all of the standard features and benefits listed below 


Student Checking

 
Our free Student Checking account is designed with input from educators to help parents guide their children towards adopting excellent money management skills.
  • Debit card included
  • Primary account holder must be 13 years or older
  • If under 18 years of age, a parent or guardian must be on the account jointly
  • Complimentary first order of basic checks for account holders age 16 and older 
  • Cannot be overdrawn 
  • PLUS all standard features and benefits listed below  
 
 

 
  
All of our personal checking accounts are free and offer these great features and benefits:
 
 

1 While Central One does not charge for mobile banking, your mobile carrier’s message and data rates may apply. Must be 18 years of age

2 Free ATM network includes Central One, SUM and Allpoint terminals. Out of network terminal owners may charge a service fee. 

 *No monthly service charges or minimum balance required.

**Dividends based on average daily balance, visit our rates page for current Annual Percentage Yield (APY).

^ Some restrictions apply; excludes 15/5 ARM mortgages and lines of credit.

Regular Checking Account Important Information: Dividend rates are accurate as of the last dividend declaration date. All checking accounts are considered variable rate accounts and rates are subject to change at any time without notice. Fees or other conditions may reduce earning on the account.  Refer to Central One Federal Credit Union's Member Service Agreement and Our Rates and Service Charge Disclosure.

Premium Checking Account Important Information: Eligibility: Maintain credit union membership. Primary account owner must be age 18 or older and must establish and maintain a minimum $1,500.00 monthly direct deposit of regular pay, pension, social security or other recurring, monthly income. You must provide a valid email address and sign up for e-statements. Failure to comply with the eligibility requirements of the Premium Checking account for two consecutive months may result in your Premium Checking account being converted to a Regular Checking account without notice. Central One reserves the right to discontinue or modify any benefits under this program and/or convert your account to Regular Checking at any time for any reason without notice. Although you may receive some Direct Deposit (ACH) deposits up to two days early, if these are reversed for any reason, you will be responsible for bringing your account current, and for any service charges resulting from a negative or low balance. Direct Deposits (ACH) from International senders are not eligible for early access. Cashback rewards will not be paid on fraudulent or unauthorized transactions. Irregular transactions that appear to be conducted with the sole purpose of earning the cashback rewards will not qualify for rewards, and you may be required to reimburse us if rewards are paid on that activity. The rate discount on consumer loans that applies when payments are deducted from this account excludes mortgages, credit cards and all lines of credit. Conversion from Regular Checking or Central Advantage to Premium Checking will not be automatic and must be made before the last business day of the month to be effective at the start of the next monthly statement. Student Sense accounts cannot be converted until the student reaches the age of 18.  Refer to Central One Federal Credit Union's Member Service Agreement and Our Rates and Service Charge Disclosure.