Checking Accounts

Does your employer offer direct deposit? Do you receive a government check? If so, a Velocity Checking account might be right for you. With Velocity Checking, your check is automatically deposited into your account. There are no service charges and no minimum balance requirements. You can write an unlimited number of checks with no per-check fee. As an extra bonus, Velocity credits your direct deposit to your account as soon as it is received from your employer or the government, up to two days early.

We have developed several checking account plans to fit the diverse lifestyles of our members.

Click on the following checking plans to discover the attributes of each one:
Checking Account
Account Description
Totally Free Checking
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At Velocity Credit Union, we offer Totally Free Checking. There's no minimum balance or direct deposit requirements. In fact, it's free all down the line, including free online banking, free teller transactions, and unlimited check writing.

Service Fees: None
Dividends: None

Check Plus
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Check Plus offers greater savings incentive. Keep a daily balance of $750 or more in your account, and your Check Plus account will earn a competitive dividend rate compounded every month. In addition, the $750 average balance will also help you avoid the $7.50 monthly service fee. Write as many checks as you want with no per-check fee.

Service Fees: None if average balances remain equal or above $750, otherwise $7.50
Dividends: Variable based on daily balances of $750 or more

VelociTeen Checking
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If you'd like to offer your teenager a checking account, the VelociTeen Checking account from Velocity is the perfect solution. Available to teens between the ages of 15 and 17-years-old, the VelociTeen account charges no monthly service charge, and requires no minimum balance. The only requirement we ask is that a parent be a joint owner of the account.

Service Fees: None
Dividends: None