Checking Accounts

At True Sky Federal Credit Union we offer a variety of checking accounts to suit your lifestyle and we strive to make it easy for you to find the perfect option to meet your needs. Whether you’re looking for a high-interest rate checking account or one that’s geared for being on the go, we have you covered. Also, you can add a personalized touch from a choice of a variety of debit card options including our Community Cards —created as a way to show support for our members’ favorite Churches, Schools or Nonprofits—or from one of our standard debit card designs. For those who are 62+ we offer even more perks with our Top Brass feature, which can be added to any of our existing checking accounts. Opening a checking account is easy with our online application!

Overdraft Protection

Reorder Checks

True Sky Federal CU Locations

Find a Shared Service Center

Find a Fee-Free ATM

Debit Card Design Options

Earn monthly dividends and get ATM fees refunded by meeting a few requirements.

  • Premium interest rate
  • Up to $10 in ATM fee refunds per month
  • Free E-statements, remote deposit, and mobile banking

Earning benefits is easy:

  • Subscribe to e-statements
  • Log in to online banking at least once per month
  • Conduct 20 debit transactions per month (excluding ATM transactions)
  • Maintain one direct deposit per month
  • Be current on all True Sky Federal Credit Union loans and obligations

Visit any branch to open your account today or apply online.

APY = Annual Percentage Yield. These are the terms as of Feb. 16, 2021, and are subject to change at any time. The above stated APY will be paid on the portion of the account balances up to $40,000. If the above requirements are not met, the account will earn the default APY of 0.05%. Balances exceeding $40,000 will earn an APY of 0.05%. Dividends are calculated using the daily balance method, which applies a daily periodic rate to the balance in the account each day. Dividends will begin to accrue on the business day the funds are deposited. Dividends will be compounded and credited monthly. The dividend rates and annual percentage yields may change at any time, as determined by the board of directors. Only one Optimum account per primary member. Check card transactions must be conducted and posted to the account by the last business day within each statement month. ATM transactions do not qualify as a transaction. ATM refunds apply only to domestic ATMs. Direct deposit must be received and posted within each statement month to receive credit. If the account holder (including the joint owner) is a signer or co-signer on any loan that becomes delinquent greater than 30 days, the account will not earn the above stated APY and will revert to the default APY of 0.05%. If the account holder (including the joint owner) is a signer or co-signer on any loan that is or becomes charged off, the account will not earn the above stated APY and will revert to the default APY of 0.05%. This includes delinquencies and charge-offs of any amount. Federally insured by NCUA. March 1, 2016, Optimum began a minimum balance requirement of $500. If the balance falls below $500, a $2 fee will be charged.

This debit account is designed for those who prefer a fully mobile experience. It features rewards on debit transactions, ATM fee refunds, and overdraft forgiveness when qualifications are met.

Rewards:

  • 5 cents back per debit card transaction
  • Up to $10 in ATM fee refunds per month
  • One NSF fee refund per year
  • Free E-statements, remote deposit, and mobile banking

SimpleMoney requires no minimum balance. To earn rewards, simply:

  • Conduct at least 40 debit transactions per month
  • Sign up and activate e-statements
  • Utilize online banking

If qualifications are not met, the ATM refunds, debit card rebate, and NSF fee will not be refunded. As with all other deposits at True Sky Federal Credit Union, your funds are federally insured by NCUA for up to $250,000.

Visit any branch to open your account today or apply online.

Some people think of a credit union as just a place to get a loan or apply for a mortgage, but we can meet your everyday banking needs and provide a number of advantages in the process.

Advantages include:

  • Free debit card
  • No monthly service charge (with e-statements, without e-statements a $2.00 monthly statement fee may be incurred)
  • No minimum balance
  • Free E-statements, remote deposit and mobile banking

As with all other deposits at True Sky Federal Credit Union, your funds are federally insured by NCUA for up to $250,000.

Visit any branch to open your account today or Apply online.

Easy Checking Simple Money Optimum Checking Top Brass
Choose if you are looking for: An everyday banking account For those who prefer a fully mobile experience Earning dividends and refunded ATM fees If you are 62+ ask to add this on to any of our checking accounts
Minimum Balance $0 $0 $500 $0
Minimum Opening Deposit $25 $25 $25 $10
Dividends No No 0.75% APY up to $40,000 No
Monthly Service Fee $0 with eStatements $0 with eStatements $0 with eStatements $0
Other Features Free E-statements, remote deposit, mobile banking and debit card. 5 cents back per debit transaction, up to $10 ATM fee refunds 1 NSF fee refund per year.

Free E-statements, remote deposit and mobile banking.

 Free E-statements, remote deposit, mobile banking and premium interest rates. 50% off checks and wire transfers. Free Notary and fax service and discounts on stop payments.

Free E-statements, remote deposit and mobile banking.

Overdraft Protection

If you accidentally overdraw on your bank account by a check, authorizing a payment, or even over withdrawing at your ATM in order to buy something when you don’t have the necessary funds, True Sky Federal Credit Union can transfer funds from your overdraft protection source so that a low bank account balance doesn’t ruin your day.

What is overdraft protection?

Overdraft protection prevents the rejection of charges to your bank account that exceed your account balance by automatically transferring funds to your checking account from our own account. In other words, we loan you the necessary funds and you are responsible for paying us back. Overdraft protection is sometimes referred to as cash-reserve checking and primarily protects checks, ATM transactions, and debit-card charges. With True Sky Federal Credit Union overdraft protection, even if your account has insufficient funds, you will not get rejected at a point of sale because we will cover any shortfallings. In other words, overdraft protection is a guarantee that any transaction will be approved if the account balance falls below zero.

Overdraft Options

Without overdraft protection, any transactions attempted that have insufficient funds are returned unpaid, checks are bounced, and cards are declined. True Sky Federal Credit Union has improved our Overdraft Privilege to better ensure our overdraft protection is customized to meet individual member checking account needs. As part of these improvements, the overdraft limit for members will no longer be a fixed amount. Instead, it will change daily as a result of several factors including the age of the account and the amount/frequency of deposits.

True Sky Federal Credit Union offers two different types of Overdraft Protection and Enhanced Overdraft Privilege protection. Standard Overdraft Privilege protection will be automatically in place for pre-authorized transactions and automatic billing. Enhanced Overdraft Privilege offers all the features of Standard Overdraft Protection with additional benefits including protection on ATM and debit card transactions. The choice is up to you; see the chart below to consider how to cover your overdrafts.

Overdraft Policy

As soon as our overdraft protection service is triggered, we will automatically transfer the appropriate funds from our linked account to cover the shortfall. Note that we do not have an option to withdraw money out of your savings account and there is a small fee associated with each transaction. This is an opt-in or opt-out option only. To learn specific details about our overdraft protection, give us a call!

overdraft protection

Standard Overdraft Privilege protection

Standard Overdraft Privilege protection will be automatically in place for pre-authorized transactions and automatic billing.

Enhanced Overdraft Privilege protection

Enhanced Overdraft Privilege offers all the features of Standard Overdraft Protection with additional benefits, including protection on:

  • ATM transactions
  • Everyday debit card transactions

Signing up is easy! You can opt-in to have your account upgraded to Enhanced Overdraft protection using the email submission below, visiting a branch, or by contacting us at 405-682-1990.

Disclosures