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 Account Services / Checking Accounts
With only a $25.00 deposit, you can open your Checking Account! Forget about the large opening deposits, high daily balance requirements, and service charges.
Benefits:
- Free Checking Account
- Pays 3.01% APY* on average daily balances up to $25,000
each cycle the account qualifications are met
- Pays 0.35% APY on average daily balances above $25,000 each cycle the account qualifications are met
- Refunds any ATM fee you might be charged from using an ATM anywhere in the U.S.**
- No minimum balance requirement
- Free MasterCard Member Miles Debit Card - Earn Reward Points For Each Purchase You Make!
- Free Online Banking and Bill Payer
- No Monthly Service Charge
- Receive Your 1st Box of Checks FREE*
- Overdraft Privilege Available
Account Qualifications:
- 10 Debit (Credit Based) Card Transactions
- Have at least one ACH Debit or ACH Credit
- Receive eStatements
The qualifications must be met to receive 3.01% APY.
If the qualifications are not met:
- No ATM Fee Refunds will be made
- The APY will be reduced to 0.10% APY with NO service charge
Qualification Cycles Dates:
Cycle dates are an important function of the Member Advantage Checking Account. Activity during cycle dates are what determines if the account qualifies for 3.01% APY, 0.35% APY, or 0.10% APY. The chart below is intended to help you understand when the cycle date begins and ends for a particular month. The 2009 qualification cycle dates are:
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Qualification Cycle Dates* |
Month |
Interest Credit Date |
Beginning Date |
End Date |
| December |
12/31/09 |
11/30/09 |
12/30/09 |
| January |
1/29/10 |
12/31/09 |
1/28/10 |
| February |
2/26/10 |
1/29/10 |
2/25/10 |
| March |
3/31/10 |
2/26/10 |
3/30/10 |
| April |
4/30/10 |
3/31/10 |
4/29/10 |
| May |
5/28/10 |
4/30/10 |
5/27/10 |
| June |
6/30/10 |
5/28/10 |
6/29/10 |
| July |
7/30/10 |
6/30/10 |
7/29/10 |
| August |
8/31/10 |
7/30/10 |
8/30/10 |
| September |
9/30/10 |
8/31/10 |
9/29/10 |
| October |
10/29/10 |
9/30/10 |
10/28/10 |
| November |
11/30/10 |
10/29/10 |
11/29/10 |
| December |
12/31/10 |
11/30/10 |
12/30/10 |
| January |
1/31/11 |
12/31/10 |
1/30/11 |
*These are the dates used to determine your qualification. Account qualifications must be met during these dates to earn the highest rate possible and ATM refunds. Dates are subject to change.
That's It!
By now, you must be thinking this is too good to be true and there must be some catch to all of this. The short answer is NO! If you meet the requirements, you receive the reward! TBACU is not in the business of "bait-and-switch" like some other financial institutions. By meeting the account qualifications, you are saving the credit union money. Why not pass some of those savings onto you?
Still have questions? Read our FAQ page to learn more.
Ready - Set - GO!
- If you already HAVE a TBACU checking account and wish to have your account switched to the Member Advantage Checking Account then click here to complete the
SWITCH YOUR EXISTING TBACU CHECKING ACCOUNT form. Everything about your account stays the same, except for the ability to qualify for rewards.
- If you DO NOT have a TBACU checking account and would like to open a Member Advantage Checking Account then move as quickly as you can to the nearest TBACU branch office to open your account today! Please click here for a listing of a TBACU office closest to you. See you soon!
Important Information Our Lawyers Make Us Say:
Not the most fun reading, but does contain important information: *3.01% Annual Percentage Yield (APY) paid on average daily balances between one penny and $25,000, and 0.35% APY paid on average daily balance above $25,000 each cycle when the minimum qualifications are met. If you do not meet the account qualifications per cycle, your account will still function as a free checking account earning 0.10% APY on the average daily balance; however, the checking account will not receive ATM refunds for that time period. Rates as of January 1, 2010. We may change the interest rate and the APY at any time after the account is opened. No Minimum Balance Required. No monthly service charge. Member Advantage Checking Account is powered by BancVue. Member Advantage Checking Accounts closed during a cycle period forfeit interest and ATM fee refunds earned. ACH credits and/or credits initiated by TBACU through our ACH origination service do not qualify for the ACH Debit or ACH Credit qualification to earn rewards. Member Advantage Checking is only for personal accounts. Other restrictions may apply. **ATM refunds up to $25 per cycle on foreign ATM Charges, not the fee TBACU charges, if requirements are met.
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NOT INTERESTED IN THE MEMBER ADVANTAGE CHECKING - THEN TRY OUR BASE CHECKING ACCOUNT:
No Minimum Balance Requirement
FREE Bill Payment
No Monthly Service Charge
Receive Your 1st Box of Checks FREE*
Overdraft Privilege Available
Duplicate Checks and Itemized Statements
Interest Paid on Balances of $250.00 or more**
No Per-Check Fees
Convenience of the ATM Card
MasterCard Member Miles Debit Card
Deposits are Posted On-line***
Internet Home Banking
24-Hour S.T.A.R. Telephone Teller
*Offer valid for new membership ONLY. **Interest on Checking Account balances of $250.00 or more will be compounded monthly. ***Some holds may apply.
For more information about TBACU or to find out how you can join, please call 713-852-6700 or 800-577-3164, visit any branch office or e-mail us.
To apply for membership please contact us.
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