Why Is It Important to Have a Free Checking Account?
They say nothing is truly free these days. But “they” haven’t checked out UMe’s fabulous and fee-free checking account option. Our Personal Checking Account makes your financial life easy and affordable. Like, very affordable. “Free”-affordable, when you’re enrolled in eStatements.
Keep reading to learn more about why it is important to have a free* checking account, how you can get one with UMe, and the many benefits that come with being a UMe member.
When Free Really Means Free
Yep, you read that right! By “free,” we really mean free! As long as U are enrolled in eStatements, your UMe Personal Checking Account is free free free!
We admit it. We get a little more excited about banking than your Average Jane. But when it comes to our checking account, we think you’ll agree it’s OMG-worthy. Other institutions may claim to offer free checking accounts, but there are usually a bunch of balance or transaction number stipulations. Many accounts require you to have a high minimum balance to avoid a monthly fee. Or, you have to make a large initial deposit to open the account. Or, there are other fees for basic services.
Well, that’s not really “free” checking, is it?
For a checking account to be legally considered free, the account must have:
- NO minimum balance
- NO monthly service fees
- NO regular transaction or service fees
- NO withdrawal or transfer fees
A UMe Personal Checking Account can check all these boxes! So free really is free with UMe!
Benefits of a Free Checking Account
There are tons of reasons to open a Personal Checking Account with UMe. Let’s check out some of the main advantages of free checking.
No fees when you’re enrolled in eStatements. None. Zero. Zilch.
Credit unions are there for members, and UMe is here for U! Part of that is giving you a free checking account option.
On average, banks can charge a monthly maintenance fee between $5 and $12 for a checking account. That monthly fee – and any others they may charge – can add up.
Other financial institutions may seem to have free checking at first glance, but fees may only be waived with a high minimum balance. Charging $5 or $6 for a checking account if you’re below a certain limit doesn’t seem like a free checking account to us!
UMe believes that a checking account shouldn’t cost you! Plus, with a UMe Personal Checking Account, you get a free Visa Debit Card, free BillPay, and free overdraft protection. The list goes on!
No Minimum Balance
Once you open a UMe Personal Checking Account with $25, there is no minimum balance for you to worry about. And no fees for not keeping a certain balance either.
We don’t play games when it comes to our free checking option. You can save hundreds of dollars a year with our truly free checking account – no matter your balance!
Easy Account Access
With our free online banking – including BillPay, e-statements, and more – and free Visa Debit Card and no-fee transfers and deposits, we make free look easy! That’s because we believe it should be easy. As a member of the UMe family, we want to make sure U have it all. U + Me = UMe!
Yet another perk of UMe Personal Checking is the opportunity to earn interest on your account. You can earn interest on balances of $2,500 and up at competitive interest rates.
Top-Quality Customer Service
We don’t always like to toot our own horn, but sometimes we can’t help it! Our customer service is top notch because we always put U first. Whether that means making sure your free checking account is actually free or any number of our other services, you cannot beat UMe at the customer service game.
Being part of a credit union means you have access to so many benefits – our free checking account is just the beginning!
How to Open a Free Checking Account
Opening a checking account with UMe could not be easier! You can open an account online or transfer an existing account. Don’t worry! We can help U with everything.
UMe is proud to serve Burbank! We know there are options in the area, but we’re confident that UMe is the best choice for U.
How do you know if you can join? Well, if you live, work, worship, or belong to an organization in Burbank, you’re part of our family! If you go to school in Burbank, join us!
Don’t meet those requirements? You can still qualify simply by making a $10 donation to the Burbank Arts & Education Foundation. We are here for our community and here for U!
Open a Free Checking Account
Once you have joined UMe and opened a savings account, the next stop is Personal Checking.
You can get started opening your checking account online, give us a call at (818) 238-2900, or visit us in person at 3000 W Magnolia Blvd. in Burbank, to open your account.
If you’re transferring an existing checking account to UMe, we can assist with contacting companies and financial institutions that make automatic withdrawals from your old account. Once everything is transferred, you can close your old account.
Feel that? That’s the feeling that comes with a UMe free Personal Checking Account. Feels good, right? Enjoy!
Why It’s Important to Have a Free Checking Account With UMe
Free should mean free. Simple as that. And at UMe, our Personal Checking Account is just that – really and truly free, when you’re enrolled in eStatements.
Learn more about our free checking options and the benefits that come with UMe Personal Checking today. We’ll be your financial BFF and guide you to becoming a member of the best credit union in Burbank (and beyond)! We’re ready to show U what free checking is all about!See Our Free Checking Options & Benefits
*Pay no monthly fees when you sign up for eStatements.
Disclaimer: U matter to Me (all of us) at UMe — and that’s why we do our best to deliver helpful information on our blog. Please note the following: (1) UMe Credit Union works hard to make certain that the information we post here is as accurate as humanly possible. But as you know, information can change and evolve quickly. While we try to update the blog on a regular basis, the content of some older posts may not be correct or up-to-date. (2) Some destinations on the World Wide Web that we link you to will exist on external websites. UMe Credit Union does not officially endorse any connected sites, nor do/did we compensate or get compensated by any entities to be featured in our posts (unless otherwise noted). (3) Everyone’s situation is unique and we advise you to consult with our personal bankers or your finance, tax, or legal professional for advice individualized to you!