FREE PFFCU Checking
1.00% APY on first $5,000.¹ No minimum balance. No monthly fees. Superior service. Award winning – 2017 Best of Philly.com
FREE PFFCU Checking
Enjoy FREE and convenient Checking. Get safe and easy access to all your PFFCU accounts anytime, anywhere from your computer, mobile device, or telephone.
Are you donating $6,700 to your bank?
The largest banks in the Philadelphia area require an average minimum deposit balance of $6,700 to keep your money in their interest bearing checking accounts without incurring a maintenance fee! PFFCU offers one checking account to all members with a $0 minimum balance. PFFCU offers the best benefits with fewer fees!| Financial Institution | Annual % Yield | Checking Monthly Fee | Minimum Balance to Avoid Fee | Overdraft from Savings or Line of Credit Fee | Everyday Debit Card Overdraft Item Fee2 | Check and ACH Overdraft Fee |
|---|---|---|---|---|---|---|
| Bank Average | 0.02% | $25 | $6,700 | $9 | $35 | $35 |
| PFFCU1 | 1.00%1 | FREE | NONE | FREE | $6 | $19 |
| TD Bank3 | 0.05% | $25 | $2,500 | $10 | $35 | $35 |
| Wells Fargo3 | 0.01% | $15 | $10,000 | $13 | $35 | $35 |
| Bank of America3 | 0.01% | $25 | $10,000 | $0 | $35 | $35 |
| Citizens Bank3 | 0.02% | $25 | $5,000 | $12 from Line of Credit | $35 | $35 |
| Santander3 | 0.01% | $35 | $6,000 | $12 | $35 | $35 |
Members receive 12 FREE ATM transactions per month at non-PFFCU ATMs. There is a $1 fee for non-PFFCU ATM transactions after the first twelve each month. Surcharges may be imposed by other financial institutions, ATM operators and/or any network for each time certain card transactions are completed at ATMs they own or operate.
1. The first $5,000 held in a PFFCU Checking Account earns 1.00% APY (Annual Percentage Yield). The remaining balance earns 0.10% APY. APYs are subject to change as determined by the PFFCU Board of Directors.
2. Members must enroll to obtain Courtesy Overdraft protection for everyday debit card transactions. Click here for more details.
3. Competitors’ account information is based on their basic interest bearing account and is effective as of April 2018.