Checking Accounts

At True Sky 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!

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.

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 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 CU 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 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 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