This is your membership account; you must keep the minimum of $25 in this account at all times. You receive dividends on this account when your average daily balance is over $100. The dividends are compounded quarterly and paid quarterly. You have access to six withdrawals a month in your savings account and then you are charged a fee for all withdrawals thereafter.
If you are looking for a higher earning account but want to avoid long-term commitment then this is the account for you. Our money market accounts earn interest monthly, and you do not have to worry about maturity dates. Money market accounts yield a higher return on your deposits then our traditional savings accounts. Unlike some accounts you may see advertised (where your investment is not insured), your deposit at Employees Federal Credit Union is federally insured to at least $250,000 by the National Credit Union Administration.
With uncertainty over the ability of Social Security to meet your needs, you will be forced to rely more on your own resources to support your retirement lifestyle. Individual Retirement Accounts (IRA’s) are great tax-favored ways to save for retirement. With a traditional IRA, your earnings grow tax deferred, so you won’t owe income taxes until you make withdrawals. If you are eligible, your contributions may be tax deductible. The Credit Union offers both Traditional and Roth IRA in savings.
With only a $1,000 deposit, members can access the six to sixty month share certificates with above average yields that are amongst the highest around.
Members who maintain a checking account with us enjoy great benefits such as:
- No Minimum Deposit
- Free ATM/Debit cards
- Exclusive access to our 60,000+ Free ATM's
- Overdraft Protection*
- Free 24/7 Online account access
- Access to discounted Auto Insurance*
- Access to discounted Accidental Death & Dismemberment Insurance
- Free E-Statements
- Free Text Alerts
- Free E-mail Alerts
- AND MUCH MORE!
*terms and conditions apply
If you have any questions or would like additional information about opening a checking account with us, feel free to call one of our friendly representatives to assist you at (918).582.7573 or (918).938.6598 or click here to apply for a checking account
We look forward to being your Premier Banking Choice!
With an open checking account you are able to apply for our VISA Check/ATM card. With our VISA check/ATM card you can access your money in your checking and savings accounts 24 hours a day. There is not a charge for purchases or point-of-sale transactions. Employees Federal Credit Union cards can also be used at no fee at participating no-charge network ATM’s.
Click Here to look up no-charge ATM’s. Your first 10 withdrawals from ATM’s a month are free.
Click Here to apply for a VISA Check/ATM Card
(ATM owner may charge a fee for all transactions. The Credit Union will charge $1.00 for each ATM withdrawal that has a fee associated with it, and a $.50 fee for all ATM withdrawals after the first 10 per calendar month.)
The money on deposit at Employees Federal Credit Union is insured by the National Credit Union Administration (NCUA) for up to $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF). The NCUA is a federal agency that has oversight of all federally insured credit unions in the United States.