Heritage Checking Accounts
We offer a variety of checking accounts to best suit your needs.
What is a Checking Account?
A checking account is a type of bank account designed for everyday financial transactions. It allows for easy access to your funds through various methods, including checks, debit cards, ATMs, and electronic transfers. Checking accounts are primarily used for managing routine expenses such as paying bills, making purchases, and handling day-to-day financial needs. HFCU offers various types of checking accounts. Click on the buttons below to learn more about our different checking account options.
Accelerator Checking
Our simplified checking structure makes it easy to understand how much money you’ll get back in the form of dividends.
Our Accelerator Checking offers flexible, tiered account options with no hidden charges, no monthly service fees, and no per-check fees. Enhance your banking experience by adding on a free VISA® Debit Card and selecting overdraft protection options that fit your banking needs. To open an Accelerator Checking, visit us at your nearest branch location, or click the button below. If you are already a member, you can open additional deposit accounts by logging into your online/mobile banking. Click here to login.
| Account Type | Dividend Rate (APY1) | Balance Requirements2 | Dividend Crediting & Compound Method | Conditions3 |
|---|---|---|---|---|
| Basic | 0.00% | $0 | Monthly | |
| Gold | 0.08% 0.10% | up to $19,999.99 $20,000.00 – $99,999.99 | Monthly Monthly | • Receive e-Statements • 1 Direct Deposit per Month • 10 Debit Card Transactions (or) have an average daily loan balance of at least $10K. |
| Platinum | 0.20% 0.25% 0.30% | $100k – $149,999.99 $150K – $249,999.99 $250K+ | Monthly Monthly Monthly |
Grand Slam Checking
Our Grand Slam Checking is our most basic account with no hidden fees. Ready to open your Grand Slam Checking? New members can open a Grand Slam Checking Account today by clicking the button below! If you are already a member, you can open additional deposit accounts by logging into your online/mobile banking. Click here to login.
| Product (9) | Annual Percentage Yield (APY)1 | Balance to Earn Minimum APY | Minimum to Open Account | Dividend Rate4 |
|---|---|---|---|---|
| Grand Slam Savings- Tier 1 | 0.00% | $50.01 | $10,000 | 0.00% |
| Grand Slam Savings – Tier 2 | 2.00% | $2,500.01 | $10,000 | 1.98% |
| Grand Slam Savings- Tier 3 | 2.75% | $10,000.01 | $10,000 | 2.72% |
| Grand Slam Savings – Tier 4 | 3.30% | $75,000.01 | $10,000 | 3.25% |
| Grand Slam Savings – Tier 5 | 3.40% | $150,000.01 | $10,000 | 3.35% |
| Grand Slam Checking | 0.00% | $0 | $0 | 0.00% |
Need Checks?
You can order checks easily through Harland Clarke by signing into Heritage Online or clicking on the button below. Shop for check designs, customize your checks, and expedite your shipping if necessary. If you’d like additional assistance, feel free to call us at 845-561-5607.
Checking Account Disclosures
1Any Annual Percentage Yield (APY) provided in this disclosure assumes dividends will remain on deposit for at least one year for accounts with terms. Rates are effective as of 4/1/2023 and are subject to change at any time without notice. You may contact the Credit Union at (845) 561-5607 for current rate information. Fees, withdrawals, or other conditions could reduce earnings on any account. Rates may chance after account opening. Dividends are paid from current income and available earnings. All accounts are subject to the applicable terms and conditions set forth in the Membership Agreement & Disclosures, the Fee Schedule, and any agreement to which the Truth in Savings Disclosure and Membership Agreement references.
2Average daily balance per checking share. Minimum to open account is $0.00.
3All accounts must be in good standing in order to receive the stated Dividend Rate. Good standing means you have on deposit at least the par value of one full share in the regular share savings account, have no delinquent loans (payment is not more than 30 days late), and have a positive balance in all share accounts. Use of electronic services, minimum balance, and loan balances are required to earn reward APYs. If you do not qualify for a reward APY (minimum Reward, Basic), you will earn the basic reward default APY.