Checking Accounts

Chicago Municipal Employees Credit Union offers several different types of checking accounts, so you can choose the one that best meets your needs.

You can choose from E-Checking Checking, Basic Checking, or Universal Checking.

See all the features below:

	E-Checking	Basic	Universal
To avoid monthly service fee	Direct Deposit or $3,000¹	Direct Deposit or $3,000¹	Direct Deposit or $3,000¹
Minimum balance to open account with pirvileges	No Minimum	No Minimum	No Minimum
Minimum balance to open account with dividends & no monthly service fee	Non-interest bearing acct.	$1,000 avg daily balance in your checking (Rate - 0.05% APY²)	$2,000 avg daily balance in your checking (Rate - 0.05% APY²)
Monthly service fee without direct deposit or $3,000 minimum¹	$6.00	$6.00	$6.00
Foreign ATM Transactions	$3.00	$3.00	$3.00
Coutesy Pay - Overdraft Privileges	Courtesy Pay up to $600³	Courtesy Pay up to $600³	Courtesy Pay up to $600³
Rate discounts on loan products	——	.25% for unsecured products	.25% for unsecured products
24-hour Telephone Teller service	Free	Free	Free
Call center	24/7, 364 days for your convenience to talk to a live person	24/7, 364 days for your convenience to talk to a live person	24/7, 364 days for your convenience to talk to a live person
CMECU Debit/ATM Transactions (Allpoint surcharge-free ATM network)	Free	Free	Free
Debit/ATM card with REWARDS POINTS⁴ with every account	Free	Free	Free
Notary Public	Free	Free	Free
Check writing limits	Unlimited	Unlimited	Unlimited
Free checks	___	1st box free: Basic checks	1st box free: Basic checks
Electronic Services	Free Online Banking Free Mobile and Text Banking Free E-Statements and Bill Payment	Free Online Banking Free Mobile and Text Banking Free E-Statements and Bill Payment	Free Online Banking Free Mobile and Text Banking Free E-Statements and Bill Payment

1 Combination of shar, checking, CDs, financial health account and IRAs. 2 APY=Annual Percentage Yield. Rates subject to change. 3 Auto transfer from share or optional overdraft loan privileges available when you qualify. 4 Debit/ATM card with REWARDS POINTS earns 1 point for every $2.00 spent. All effective January 2012.

Related Information

Your CMECU Accounts are Safe and Secure
Your savings federally insured up to $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency. Learn More ›

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