Checking Accounts

Whether you're looking for a simple checking account to pay the bills or interested in investing your money for the future, CommonWealth Central Credit Union has a checking account to meet your needs. You can rest-assured that your money is safe because we offer deposit insurance of at least $250,000 (Individual Retirement Accounts up to an additional $250,000) through the National Credit Union Administration (NCUA).

  • Checking Accounts

    Free Checking

    You get all the benefits of a checking account without the exorbitant fees that for-profit banks charge--and with no minimum balance requirement.

    Free Checking benefits:

    • Free Online Banking
    • Free Bill Pay
    • Free Mobile Banking
    • Free eStatements
    • 24-Hour Wealth Access Line
    • Direct Deposit Available
    • Overdraft Protection Available*
    • No minimum balance required

    *Transfer Limitations. For all Share, Money Management and Wealth Management accounts, you may make no more than six (6) transfers and withdrawals from your account to another account of yours or to a third party in any month by means of a preauthorized, automatic or internet transfer, by telephonic order or instruction, or by check, draft, debit card, or similar order. If you exceed these limitations, your account may be subject to a fee or be closed.

    Premium Checking

    A checking account that allows you to earn monthly dividends by maintaining an average daily balance of $600* or more.

    Premium Checking Account benefits:

    • Free Online Banking
    • Free Bill Pay
    • Free Mobile Banking
    • Free eStatements
    • 24-Hour Wealth Access Line
    • Direct Deposit Available
    • Overdraft Protection Available**
    • Earn Dividends
    • No Paper Statement Fee

    *A minimum average daily balance of $600.00 is required to earn interest (dividends) and to avoid a monthly service fee.
    **Transfer Limitations. For all Share, Money Management and Wealth Management accounts, you may make no more than six (6) transfers and withdrawals from your account to another account of yours or to a third party in any month by means of a preauthorized, automatic or internet transfer, by telephonic order or instruction, or by check, draft, debit card, or similar order. If you exceed these limitations, your account may be subject to a fee or be closed.

    Wealth Checking

    A checking account that allows you to earn higher monthly dividends by maintaining a checking account balance of $2,500* or more.

    Wealth Checking Account benefits:

    • Free Online Banking
    • Free Bill Pay
    • Free Mobile Banking
    • Free eStatements
    • 24-Hour Wealth Access Line
    • Direct Deposit Available
    • Overdraft Protection Available**
    • Earn Dividends
    • No Paper Statement Fee

    *A minimum average daily balance of $2,500 is required to earn interest (dividends) and to avoid a monthly service fee.
    **Transfer Limitations. For all Share, Money Management and Wealth Management accounts, you may make no more than six (6) transfers and withdrawals from your account to another account of yours or to a third party in any month by means of a preauthorized, automatic or internet transfer, by telephonic order or instruction, or by check, draft, debit card, or similar order. If you exceed these limitations, your account may be subject to a fee or be closed.

  • Business Checking

    We want you to know that we have your back when it comes to your finacial needs.That's why we offer a business checking that can take care of all that comes with being a buisness owner. All CommonWealth business checking accounts can be opened with no minimum balance requirement. Business members get unlimited deposits, unlimited cash handling, 24-hour account access service through the Wealth Access Line or Online Banking, and a free Visa® ATM card. There is also no fee to visit a branch or to call a Member Service Representative.

    Business Checking Account Types

    • Access 100. If you're looking for a low minimum balance combined with low fees, this account is for you. There is no monthly fee with an average daily balance of $2,500 or more, and CommonWealth will process 100 checks per month at no additional charge.
    • Imperium. This is the checking account with no monthly fee for businesses that keep an average daily balance of $5,000 or more--and need unlimited check processing.

Account Comparison

Features Free Checking Premium Checking Wealth Checking

Free Online Banking

Free Bill Pay

Free Mobile Banking

Free eStatements

24-hour Wealth Access Line

Direct Deposit Available

Overdraft Protection Available*

Min. Balance Required to Avoid Monthly Fee

None

$600

$2,500

Earns Dividends

No

Monthly Fee

None

$7 (Waived with
Financial Partnership
or with average daily balance of $600 or
more)

$10 (Waived with
Financial Partnership
or with average daily balance of $2,500 or
more)

Paper Statement Fee

$2

None

None

Overdraft Protection

Up to $1,000

Up to $1,000

Up to $1,000

*Transfer Limitations. For all Share, Money Management, and Wealth Management accounts, you may make no more than six (6) transfers and withdrawals from your account to another account of yours or to a third party in any month by means of a preauthorized, automatic or internet transfer, by telephonic order or instruction, or by check, draft, debit card, or similar order. If you exceed these limitations, your account may be subject to a fee or be closed.

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