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    Checking 101

    Smart Ways to Manage Your Money

    A checking account that makes you pay to access your own money is no friend to your finances. The truth is, plenty of banks charge fees that can chip away at your account balance. That’s not the case at Advancial. As a not-for-profit credit union, our checking accounts are designed to benefit your bottom line, not a bank’s shareholders.


    According to, the average monthly service fee for a checking account is $13.95, a 5% increase over the last five years. Plus, overdraft fees average $30.82, and the average surcharge to use an out-of-network ATM is $4.55. In total, the average checking account can cost you nearly $170 annually in just fees.1

    In contrast, Advancial’s Ultimate Checking account offers:
    • No monthly service fee
    • No minimum balance requirements
    • Unlimited free ATMs worldwide
    • No foreign transaction fee
    • Free transfers between Advancial and non-Advancial accounts
    • Free checks
    And that’s not all…

    Ultimate Checking also provides benefits you won’t see in most other checking accounts, including:
    • Dividends. Earn dividends on any account balance. 
    • Debit card rewards. Earn one point for every $5 spent on all non-PIN-based transactions with our free instant-issue Visa® debit card. Redeem for cash back, travel or choose from a long list of gift cards and merchandise.
    • Save UpSM and Save Up for Good programs. When you enroll in our Save Up program, Advancial rounds up all debit card transactions to the nearest dollar and transfers that amount from your checking account to your savings account. It’s an easy, automatic way to build your savings or emergency fund. You can also choose to donate that amount to charity through the Save Up for Good program. It works the same as Save Up, but instead of the difference being deposited into your savings account, it gets donated to charity. That change adds up!
    • CO-OP Shared Branch Access. Enjoy access to 30,000 surcharge-free ATMs and more than 5,000 locations nationwide through the CO-OP Shared Branching Network.

    We want our younger members and those just arriving to the U.S. to benefit from Advancial’s checking programs:

    Dinero Checking is designed for teens age 13 to 18. It offers many of the same features as Ultimate Checking – no monthly service fee, no minimum balance, unlimited free ATMs worldwide and debit card rewards. Dinero Checking helps teens learn about managing money while allowing their parents to keep track of their spending (an adult is required to be co-owner of the account).

    Inbound USA Checking is designed for recent expats. When you move to the U.S. for work or studies, it may be difficult to open a bank account. Inbound USA Checking makes it simple with free checking and unlimited free ATM access worldwide, as well as no foreign transaction fees. Major banks in the U.S. may also offer expat banking accounts, but monthly fees usually start at $10 a month.

    Start making the most of your money today with an Advancial membership. All it takes is a $5 deposit in an Advancial savings account, and you’ll be on your way to taking advantage of everything we have to offer. To learn more about eligibility or to apply for membership, visit any Advancial location or apply online.

    Sourced from July 2023 checking account/ATM fee survey.
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