National ATMsPersonal Checking Accounts
Checking accounts bundled with convenient services
Convenience is a necessity in today’s hectic world. We're here to help by offering checking accounts that meet your unique needs. Whether you're more interested in earning dividends on your checking account or the most basic account, we're here to help provide the right solution to your financial needs.
Apply Now Rates
Open a checking account and Magnifi will give 1 item of clothing to someone in need.
Giving back to the communities we serve is something Magnifi values and encourages.
Through our
3 Essentials program, Magnifi Financial provides food, shelter, and clothing to those in need.
Find the right checking account for you
Free Checking
Our most basic checking account with no monthly fee.
eChecking
The perfect checking account for digital enthusiasts!
Relationship Checking
A traditional checking account that earns you money.
High-Yield Checking
Earn higher dividends with larger deposits.
Requirements for high-yield rate include minimum of 12 debit card transactions per month (ATM transactions are not eligible), a reoccurring ACH direct deposit, and enroll in eStatements
ALL PERSONAL CHECKING ACCOUNTS INCLUDE:
- Free Digital Banking account
- Free Mobile App
- Free Mobile Deposit
- Free Visa® debit card issued instantly at all branches6
- Free eStatements
- Free account eAlerts
- Surcharge-free access to Moneypass® ATMs
- Early Direct Deposit - Get paid up to 2 days early7
- Free access to Zelle®
- Digital wallet service
- Free Card Controls
- Free Personal Financial Management tools
- And more
1. $0.10 per item fee for checks cleared in excess of stated
amount. For Relationship checking, this fee will not apply if you maintain a $1,000.00 daily
balance throughout the month.
2. Eligibility for surcharge reimbursements only
applies if account requirements are met (includes debit card, digital banking, and
eStatements).
3. A $5 monthly fee will be charged for eChecking accounts that
do not have a debit card or are not enrolled in eStatements through Digital
Banking.
4. Reduce fee $5 annually if enrolled for auto
payment.
5. Magnifi Financial standard check style, other styles available at
member's expense. Available only at account opening.
6. New consumer checking accounts
must deposit a minimum of $250 into the new account to be eligible for an instant-issue
card.
7. Your direct deposit is
dependent on when the employer/payer send their ACH file to Magnifi Financial. You may receive
your funds up to 2 days early.
CHECKING ACCOUNT RATES
Effective Date 2/1/2025
| Type | Dividend Rate | APY | Min Opening Deposit | Min Balance to Earn Stated APY |
|---|---|---|---|---|
| eChecking* | 0.05% | 0.05% | $0.00 | $0.00 |
| Relationship Checking | 0% | 0% | $0.00 | $0 - $999 |
| 0.10% | 0.10% | $1,000 - $4,999 | ||
| 0.15% | 0.15% | $5,000+ | ||
| NEW! High-Yield Checking* | ||||
| Qualifications Met | 3.445% | 3.50% | $20,000 or below | |
| 0.20% | 3.50% to 0.86% | $20,000.01 or greater | ||
| Qualifications Not Met | 0.00% | 0.00% |
Rates are subject to change without notice. Dividends compound monthly.
* Fees could reduce earnings
Get Started!
Apply Online
New Members: Complete an application online.
Apply NowCurrent Members: Apply in Digital Banking.
Sign In to Apply
Schedule An Appointment for a Virtual or In-Person Meeting
Helpful Additions for your Checking Account
Digital Banking
Optimize your checking account with our digital banking platform and add-on services.
Go DigitalSave the Change
Round up your debit card purchases and build up your savings for future expenses.
Start SavingOverdraft Protection
Safeguard yourself against overdraft fees by adding this perk to your checking account.
Resources
Check out all of your other options you can utilize with Magnifi Financial's suite of products and services! Our team works with you individually to ensure you're on track to reaching your financial goals.
Reorder Checks
Switch Kit
Savings
Join the Magnifi Family!
At Magnifi, you're not just a member-owner of an award-winning credit union, you become part of the Magnifi family and receive all the benefits and perks you need to succeed financially.
