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.
Heritage Direct Checking
Our Heritage Direct Checking account is here for you. No confusion, just direct and easy checking with some basic requirements and great added benefits! Inquire with an associate today for all of the details.
REQUIREMENTS TO OPEN
- $500 minimum to open
- Enroll in e-statements
- $10 monthly fee which can be waived if a daily minimum balance of $500 is maintained or 10 Point of Sale (POS) external debit card transactions per statement cycle are made
BENEFITS OF THE ACCOUNT
- 1 Free Official Check or Money Order per month
- 0.10% bump on any standard rate Share Certificate
- Surcharge rebate up to $7 per month on foreign (non-HFCU) ATMs
- Opportunity to earn $300 directly deposited in your Heritage Direct Checking Account by meeting the criteria below within 90 days of account opening:
- 2 or more new external electronic deposits totaling $1,000 or more
- Enrolled in e-Statements
Ready to open your Heritage Direct Checking? New members can open a Heritage Direct Checking Account today by clicking the button below! If you are already a member, you can open additional deposit accounts by visiting your local branch.
| Account Type | Dividend Rate (APY1) | Minimum to Open Account10 | Dividend Crediting & Compound Method | Minimum Balance to Avoid Fee10 |
|---|---|---|---|---|
| Heritage Direct Checking | 0.00% | $500 | N/A | $500 |
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 | 2.50% | $2,500.01 | $10,000 | 2.47% |
| Grand Slam Savings- Tier 3 | 3.25% | $10,000.01 | $10,000 | 3.20% |
| Grand Slam Savings – Tier 4 | 3.50% | $75,000.01 | $10,000 | 3.45% |
| Grand Slam Savings – Tier 5 | 3.60% | $150,000.01 | $10,000 | 3.54% |
| 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. Mininum 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.
10Terms and Conditions: The minimum deposit to open the account is $500.00.Heritage Direct Checking Benefits: A .10% rate bump on any standard certificate, ATM surcharge rebate up to $7.00 per month and 1 (one) official check or money order per month at no cost. Eligibility Requirements: This offer is for new consumer checking customers only. Employees and volunteers of HFCU are eligible for the Heritage Direct Checking but are not eligible for the Bonus Offer. An existing member with an HFCU checking account may switch their checking account over to this new product, however, they will not receive the $300 bonus. They will receive the additional benefits listed for the Heritage Direct Checking account. To receive a one-time $300.00 bonus (“Bonus”) a member must: open a Heritage Direct Checking and within 90 days of account opening, enroll in e-statements and have 2 (two) or more new qualifying external electronic deposits totaling $1,000.00 or more (transfers from one account to another, wires, mobile deposits, P2P or deposits made at a branch or ATM are not considered a qualifying electronic deposit.) The Bonus will be credited to the account in the 4th statement cycle from the account opening, as long as the account is open, active and in good standing. Appropriate tax reporting will occur, please consult your tax advisor with questions. Only one bonus will be awarded per primary member, regardless of the number of accounts opened. The Heritage Direct Checking will have a $10.00 monthly service fee. To avoid the service fee the account must maintain a daily minimum balance of $500.00 or have 10 (ten) Point of Sale (POS) external transactions per statement cycle and be enrolled in e-statements. Program criteria subject to change without notice. All account applications are subject to approval.