Checking Accounts
"One size does not fit all!"
We know there is a lot to consider when choosing the right checking account. Whether you keep a large or small balance, prefer checks or debit, we have an account to suit your lifestyle.
Once your membership is established with a Share Savings account, you can choose from:
Emerald Checking
• No minimum balance
• No monthly service charges
• No per item fees
• Free Online Billpay
• Free Visa® Debit Card
• Automatic overdraft protection from Savings Account
• Three free boxes of checks per year
• Monthly statement included
Rewards Checking
• Rewards points for every debit card purchase
• Interest bearing
• Low minimum balance $200.00
• No per item fee
• Free Online Billpay
• Free Visa® Debit Card
• Automatic overdraft protection from Savings Account
• Three free boxes of checks
• Monthly statement included
Performance Money Market
• Tiered dividend structure for all balances
• Low minimum balance $2,000
• 6 Monthly Transactions
• Automatic overdraft protection from Savings Account
• Free checks
Unexpected things happen to all of us and usually at the wrong time! One mistake in your checkbook and it could leave you a little short. CPM Federal wants to protect you from the embarrassment of a returned check and we have 3 types of overdraft protection to safeguard your account.
- Automatic Transfer from Savings
- Overdraft Line of Credit
- Overdraft Privilege
Reorder Checks
Do you need to order checks, but are not able to make it to your local branch? Ordering online is quick and easy. Reorder Checks Now!
Already have a checking account?
Moving your money to a CPM Federal account is easier than you think. Our Switch Kit will walk you through the process and keep it simple.
Checking Accounts (Last Modified: Jun 08, 2010)
| Description | Balance | Dividend Rate | APY (Annual Percentage Yield) |
|---|---|---|---|
| Emerald Checking | No minimum balance. | No Dividends Paid | No Fees Charged Except Cost to Print Checks |
| Rewards Checking | $200.00+ | 0.05% | 0.05% |
| Performance Money Market Checking Accounts | $200.00 - $1,999.99 | 0.05% | 0.05% |
| $2,000.00 - $7,499.99 | 0.50% | 0.50% | |
| $7,500.00 - $14.999.99 | 0.50% | 0.50% | |
| $15,000.00 - $24,999.99 | 0.75% | 0.75% | |
| $25,000.00+ | 0.75% | 0.75% |
Checking Accounts are earned on the average daily balance and posted quarterly. Rates listed above are subject to change after the account is opened. Dividends on Money Market and Super Duper Money Market Accounts are earned on the average daily balance and posted monthly. Certain fees may apply and may reduce earnings.
What would you like to know?
