Checking Accounts
Your checking account is the center of your everyday finances, and we make managing your money effortless. Whether you want simplicity, rewards, or easy access, CommonWealth Central Credit Union has the perfect fit for your lifestyle. Secure, convenient, and hassle-free—explore our checking options today!
Checking Account Benefits
Explore Our Checking Accounts
Rewards Checking
No minimum balance and no-fee checking account that REWARDS you 2.50% APY on balances up to $20,000.1
Free Checking with eStatements
All the benefits of a checking account without the big-bank fees.2
Checking Account Comparison
Which choice is right for you?
| Features | Rewards Checking | Free Checking |
|---|---|---|
| Minimum Balance | None | None |
| Earns Dividends | ✔ | None |
| Early Payday | ✔ | ✔ |
| Monthly Fee | None | None |
| Paper Statement Fee | $2 | $2 |
| Overdraft Transfer Fee | None | None |
| Overdraft Protection | Up to $1,000 | Up to $1,000 |
What Our Members Are Saying
Checking FAQs
-
How do I open a checking account?
You can open a checking account by submitting a membership application online or visiting a local branch. If you're already a member, simply log into Online Banking to get started.
-
What do I need to open an account?
You will need your Social Security Number, a government-issued ID (i.e. State issued Driver's License/ ID, or Passport), proof of physical address (if the address on your government-issued ID is not current), a Debit/Credit card number to fund your new account, and $15 ($5 pays your one-time membership fee, and $10 will be deposited to your regular share/savings account).
-
Do I need to be a member to open a checking account?
Not yet! You can open a checking account and become a member all in one easy step.
-
How do I transfer funds to my new account?
To transfer funds from another financial institution, log into your account with that bank/credit union, select the option to transfer funds to another financial institution and enter CommonWealth’s routing number 321176794 and your account number.
More Paths to Financial Growth
Emergency Savings Account
Be Ready for the Unexpected
Be ready for life’s surprises with an Emergency Savings Account. Whether it’s a medical bill, car repair, or job loss, you’ll have a safety net when you need it most. Start preparing today
Share Certificates
Lock-In Your Earnings
Grow your savings faster with a Share Certificate! With as little as $500, you can lock in higher returns, enjoy flexible terms, and watch your money grow predictably. Want to earn more?
WealthMatters
Learn. Grow. Build Confidence.
Take control of your finances with quick, interactive lessons! Learn to save smarter, budget better, and plan for the future—all at your own pace. Ready to make smarter money moves?
*At our discretion, we may make the funds for certain ACH credit transactions, including most payroll deposits, available to you before the scheduled payment date of the deposit. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.
1Rewards Checking. APY=Annual Percentage Yield. Rate is variable and subject to change at any time. To qualify for the Rewards Checking APY, you must meet the following requirements by the end of each month: be enrolled in eStatements, have direct deposit or ACH deposit transactions totaling $300 or more per month, and have at least 15 debit and/or credit card transactions per month. All qualifying transactions must post to the account and the funds must be available by 3:00pm on the last day of each month. Note: Debit and credit card purchases can take up to 3 days to post and are dependent upon merchant processing times. If you do not meet the Rewards Checking account requirements, you will not receive the APY. Rewards Checking APY is up to a max balance of $20,000 and thereafter standard rate of 0.05% will apply. Limit one Rewards Checking account per member. All new accounts will be verified by ChexSystems. Members with an existing CommonWealth checking account may convert their current account into a Rewards Checking account. Offer is subject to cancellation without notice and cannot be combined with any other offer. No monthly service charge for Rewards Checking. You must opt-in to eStatements to have the $2 monthly paper statement charge waived.
2Free Checking with eStatements. You must opt-in to eStatements to have the $2 monthly paper statement charge waived.
Membership in CommonWealth required.
You Are Leaving Our Site.
You are about to leave CommonWealth Central Credit Union's website. We have provided this link to a business partner site or as a courtesy to a resource site. A business partner site will be identified with our logo; resource sites will not have our logo and will not be endorsed by CommonWealth. Please remember that our Privacy Policy is no longer in effect when you leave our site. That website's policies define your web privacy and security.
If you have any issues or concerns about these partners or linked sites, contact us at (800) 564-1588.
You are about to follow a link to [Link]. To proceed, click 'continue' below. To remain on this site, click 'cancel' below.
