Checking Accounts at Missouri Central Credit Union

A checking account is one of the most basic bank accounts available and you can easily open a checking account in a few minutes with a minimal deposit in most cases. Before you open a checking account, it is important to understand what a checking account is, the different types available to you, and any fees associated with opening a checking account.

Definition of a Checking Account

A checking account is a bank account designated for daily expenses. It provides you easy access to your money so you can pay bills and make purchases by using a debit card or writing a check. Essentially a checking account functions as a digital wallet. You put money into the bank, and it is ready for you when you need to use it. Most checking accounts do not generate interest, though there are a few that do, but all personal checking accounts are protected up to $250,000 by the Federal Deposit Insurance Corporation (FDIC) or the National Credit Union Administration depending on where your funds are held.

Different Kinds of Checking Accounts

There is a wide variety of checking accounts available at Missouri Central Credit Union to meet your specific needs.
Free Checking Account: a basic FREE checking account. The free checking account at Missouri Central Credit Union is one of the best checking accounts in town. We require no monthly service charge, no minimum balance, no per check free and provide you free online access to your account through our Mobile App or through CU  Online. You can deposit checks on the mobile app, pay bills online and manage your money where and when you need to. Talk to a Member Service Representative today to open up a free checking account.
Premier Checking Account: The Premier Checking Account at Missouri Central Credit Union pays interest each month based on your daily balance. There is no per check fee and you have free access to your account through CU Online and the Missouri Central Credit Union mobile app. There is a $10 service fee if the balance on your account falls below $500 at any point in the month. Not sure which type of account is right for you? Talk to a Member Service Representative today and we’ll help you open the right checking account for your financial situation!
Teen Checking Account: The Teen Checking account is perfect for teens at home or away at college. There are no hidden fees or minimum requirements. Building good spending habits starts at an early age, and the Teen Checking Account is a great way to start. A parent/guardian is required as a joint owner for teens under 18 years old.

Benefits of checking accounts at Missouri Central Credit Union


Missouri Central Credit Union offers a free checking account to all of our members. When you open a checking account at MCCU, you automatically receive several benefits including:


● FREE unlimited bill pay
● FREE online banking
● FREE mobile deposits


When you are looking for the best bank to open a checking account, remember that Missouri Central Credit Union has one thing that traditional banks don’t offer. Missouri Central Credit Union has offered member/owners a Member Bonus Dividend each year for the last five years!

Checking Account Fees


If you want to open a checking account, it is important to do your research before opening an account. Just because an account says “FREE” doesn’t mean there aren’t any hidden fees. Research is essential before you open a free checking account. Checking account fees, even for free accounts, can put restrictions on your account. Some banks and other financial institutions charge a fee if your balance drops below a certain level, most will charge you extra for over drafting your account, and many will charge you fees for using ATMs that are not affiliated with your financial institution. Some may even charge you a maintenance fee if you do not use your account regularly. The best bank to open a checking account is different for everyone, so it important to understand what fees you could incur and make sure the benefits outweigh the potential charges to your account.


If you’re not sure which type of account is right for you, stop by Missouri Central Credit Union today to speak to a Member Service Representative today. Our Free Checking Account is truly free, but we also offer a Premier Checking Account that pays interest on your daily balance. We can help you determine which account is right for your specific financial needs.

What You Need to Open a Checking Account


Opening a checking account is relatively easy. Most financial institutions require an initial deposit, proof of your current address, and proof of identification. All members of Missouri Central Credit Union can open a free checking account. There is no fee to become a member of MCCU and, as long as you meet the membership requirements, opening a simple primary share savings account with $25 will give you access to all our membership benefits, including a free checking account.

Finding the best bank to open a checking account depends on what you are looking to get out of your checking account. Finding one that meets your needs is essential and should allow you easy access to your money on a daily basis. If you want a truly free checking account, consider Missouri Central Credit Union.