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Benefits Checking

It pays to bank with Addition Financial.

Make your money work for you with a Benefits Checking account from Addition Financial Credit Union. This account works beyond your typical checking account – once you meet certain requirements, you’ll actually start to see your funds grow.

Features and benefits

  • Earns dividends on checking balance

    Dividends earned on balance of $1,000 or more.

  • 50% off 3x5 Safe Deposit Box

    Subject to availability.

  • Free box of custom checks

    One box per calendar year.

  • Rate discount on new mortgage¹

    0.375% on mortgages.

  • Rate discount on consumer loans¹

    0.40% for Signature and vehicle loans.

  • Access to Savings Plus Account and Growth Plus Money Market

  • No minimum balance requirement
  • Free coin machine access
  • Digital Banking with free bill pay service
  • 4 Foreign ATM fee rebates per month
  • AddsUp Savings Program
  • Free Presto! ATMs
  • Pay Early
  • Mobile check deposit

Account Requirements

  • Make 20 debit card transactions per month

    Each debit card transaction must be at least $10.

  • Have a cumulative direct deposit of $2,000

¹A loan discount cannot be applied to credit cards. Consumer loan rate discount applies to newly funded vehicle loan or new signature loan origination only. Rate discount terms and conditions are subject to change. The mortgage rate discount requires Premier Credit Card, and active consumer loan. Applies to new real estate loan origination only. Mortgage discount does not apply to variable rate products. Rate discount terms and conditions are subject to change.

Pay Early: With Pay Early, funds from an eligible incoming electronic direct deposit may be available for your use up to two days before the scheduled deposit date. Not all direct deposits are eligible for Pay Early. Eligible direct deposits are limited to verified regularly-scheduled electronic direct deposits of your payroll, pension, and government benefit payments. Early availability of direct deposits is not guaranteed. Transaction limits and risk screening processes apply.

AddsUp Savings Program - Enrollment in the Debit Card AddsUp Savings Program the credit union will round up your debit card purchases to the nearest whole dollar and transfer the difference to your Share Savings Account. The program is subject to change or cancellation.

ATM fee rebates: ATM fee rebates is specific to the AFCU fee for transacting at a non-Addition Financial ATM.

Bill Pay: Free online banking Bill Pay. For each bill paid over the phone $8 fee for an assisted transfer with a credit union team member. No fee applied for setting up recurring bill payments.

Rate Information: The dividend rate and annual percentage yield may change every month. We may change the dividend rate for your account as determined by the credit union board of directors. View current rates.

Compounding and crediting - Dividends will be compounded every day. Dividends will be credited to your account every month.

Dividend period - For this account type, the dividend period is monthly, for example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is January 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the last day of the dividend period, and for the example above is January 31.

Minimum balance requirements: There is no minimum balance required to open this account.  However, you must maintain a minimum daily balance of $1,000.00 in your account each day to obtain the disclosed annual percentage yield. 

Other Account Requirements: To avoid a monthly fee you must have a minimum amount of direct deposit(s) or debit card transactions each month.  Please see the Fee Schedule for current fees that may apply to this account.

Daily balance computation method - Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Accrual of dividends on noncash deposits - Dividends will begin to accrue on the business day you place noncash items (for example, checks) to your account.

Accrual of dividends on noncash deposits – Dividends will begin to accrue on the business day you place noncash items (for example, checks) to your account.

Transaction limitations: No transaction limitations apply to this account unless otherwise stated in the Common Features section.