Checking Accounts


Choice Checking: If you prefer not to keep a minimum balance and do not want to pay a monthly service fee, this basic checking account is right for you.

  • No monthly service fee or minimum balance
  • ATM/Debit Card available
  • FREE online banking and bill pay
  • Unlimited check writing

Classic Oak: Earn more on your money by opening a Classic Oak Money Market Account. With a minimum daily balance of $2,500 or more, you will earn a premium yield on your money.

  • No monthly fee as long as long as the monthly balance is maintained
  • FREE online banking and bill pay
  • Dividends paid on monthly balance
  • Withdrawals must be $250 or greater and deposits must be $50 or greater

Members Choice Checking: Get the convenience of a basic checking account and earn interest!

  • $1,000 minimum balance
  • Dividends paid on monthly balances
  • ATM/Debit Card and direct deposit required
  • FREE online banking and bill pay
  • Unlimited check writing
  • No monthly fee as long as the $1,000 monthly balance is maintained

Second Chance Checking: Everyone deserves a second chance and we can help you start rebuilding your financial future.

  • ATM Card available at account opening
  • Debit Card available after 90 days from account opening with a clean history
  • Overdraft Protection or ATM deposit access is not available

Overdraft Privilege: We know not everyone balances their checkbook to the penny. We also know there are times in all of our lives when unexpected expenses come and we wish we could just get a break to catch up. For those instances, CHACO has a solution.* Overdraft Privilege is a service that can be used when your paycheck runs out before all the monthly bills have been paid. Rather than returning any insufficient check unpaid, CHACO will consider payment of your reasonable overdrafts up to a $500 limit (including overdraft fees.) The only fees for this service are our standard overdraft fees, which will be charged for each item that would create an overdraft on your account.

 

*Conditions apply. See our Overdraft Privilege Policy for more information.

All checking accounts are subject to specific disclosures in the Account Agreement. Contact CHACO for a copy of the Account Agreement.