Checking

Share draft accounts (checking)

A share draft account is like a checking account. The share draft checkbook contains carbonless copies of every draft (check) you write, allowing members to have an exact record of every transaction. With our no service fee draft accounts, members pay only for the printing cost of personalized checks. Overdraft Protection is also available to automatically transfer funds from the share account. Overdraft Privilege is also available and allows share drafts to overdraft the account to a preset limit while avoiding being returned unpaid.

 

FREE CHECKING:

No minimum balance

Also, these services are available at no cost 24 hours a day / 7 days a week:

  • No charge at IFCU’s convenient ATM locations
  • Audio Response Technologies (ART)
  • Virtual Branch (On-Line Account Access)
  • Unlimited check writing
  • Free Debit Card
  • Payroll Deduction

A carbonless copy of all checks provides an instant duplicate for easy reconciliation of monthly statements. Automatic check and ART transfers are also available for your convenience

REWARDS CHECKING:

$5 Monthly Fee
No Minimum Balance Required

  • Free Debit Card
  • Unlimited Check Writing
  • Available 24 hours a day / 7 days a week
  • No charge at IFCU’s convenient ATM locations
  • Audio Response Technologies (ART)
  • Virtual Branch (On-Line Account Access)
     
  • Payroll Deduction

Up to three (3) transfers per month from savings to checking
*$15 charge for transfers after three (3)

  • $10,000 Accidental Death & Dismemberment Insurance
  • Payment Card Protection
  • ID Network Safety Service
  • Savers Club Book
  • Local Connections
  • Everyday Rebate Rewards
  • Prescription Advantage
  • Identity Theft Insurance-$5000
  • Retirees get two (2) free boxes of checks per year with direct deposit of pension and/or Social Security
  • ** Interest paid on balances over $2500
  • Interest compounded monthly based on an average daily balance

* Up to three (3) free automatic transfers per month from savings to checking, a $15 fee will be assessed for each auto transfer after three (3).
** Variable rate, approved by the Board of Directors of IFCU

Please call our office for more information : (765) 649-9271

Click here for rates &/or dividends

*See rates for additional minimum balances*

A Truth in savings disclosure will be issued at the time your account is opened.