Checking Accounts
Checking Accounts
Your checking account shouldn’t come at a cost. At OE Federal, we offer benefits such as zero monthly fees and 60,000+ fee-free ATMs. Your credit union should work with you, not against you. Start enjoying painless money management with an OE Federal Checking Account.
- Deposit $20 to Open - No Minimum Balance
- No Monthly Fee
- Direct Deposit
- Online, Mobile & Text Banking
- Mobile Deposit
- 60,000+ Fee-free ATMs
Checking
MINIMUM INITIAL DEPOSIT: $20
| ACCOUNT TYPE | STANDARD ACCOUNTS (APY) | MINIMUM TO EARN DIVIDEND | COMPOUNDING PERIOD |
| Checking | 0.030% | $100 | Monthly |
| Checking | 0.050% | $2,500 | Monthly |
All rates are subject to change without notice. For the most up-to-date rates, please call or text us at 800.877.4444. The Annual Percentage Yield (APY) stated for all accounts is accurate as of the date listed. Annual Percentage Yield assumes deposits, and dividends paid, are held to maturity. Penalties may be applied for early withdrawal on term accounts. Fees could reduce actual earnings. Refer to “Terms and Conditions” for other account information.
Information accurate as of April 1, 2025.
Business Checking
MINIMUM INITIAL DEPOSIT: $20
| ACCOUNT TYPE | STANDARD ACCOUNTS (APY) | MINIMUM TO EARN DIVIDEND | COMPOUNDING PERIOD |
| Business Checking | 0.050% | $2,500 | Monthly |
| Business Checking | 0.050% | $10,000 | Monthly |
Information accurate as of April 1, 2025.
All rates are subject to change without notice. For the most up-to-date rates, please call or text us at 800.877.4444. The Annual Percentage Yield (APY) stated for all accounts is accurate as of the date listed. Annual Percentage Yield assumes deposits, and dividends paid, are held to maturity. Penalties may be applied for early withdrawal on term accounts. Fees could reduce actual earnings. Refer to “Terms and Conditions” for other account information.
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Learn MoreChecking
MINIMUM INITIAL DEPOSIT: $20
| ACCOUNT TYPE | STANDARD ACCOUNTS (APY) | MINIMUM TO EARN DIVIDEND | COMPOUNDING PERIOD |
| Checking | 0.030% | $100 | Monthly |
| Checking | 0.050% | $2,500 | Monthly |
All rates are subject to change without notice. For the most up-to-date rates, please call or text us at 800.877.4444. The Annual Percentage Yield (APY) stated for all accounts is accurate as of the date listed. Annual Percentage Yield assumes deposits, and dividends paid, are held to maturity. Penalties may be applied for early withdrawal on term accounts. Fees could reduce actual earnings. Refer to “Terms and Conditions” for other account information.
Information accurate as of April 1, 2025.
Business Checking
MINIMUM INITIAL DEPOSIT: $20
| ACCOUNT TYPE | STANDARD ACCOUNTS (APY) | MINIMUM TO EARN DIVIDEND | COMPOUNDING PERIOD |
| Business Checking | 0.050% | $2,500 | Monthly |
| Business Checking | 0.050% | $10,000 | Monthly |
Information accurate as of April 1, 2025.
All rates are subject to change without notice. For the most up-to-date rates, please call or text us at 800.877.4444. The Annual Percentage Yield (APY) stated for all accounts is accurate as of the date listed. Annual Percentage Yield assumes deposits, and dividends paid, are held to maturity. Penalties may be applied for early withdrawal on term accounts. Fees could reduce actual earnings. Refer to “Terms and Conditions” for other account information.
Checking & Money Market Accounts Fees
| Returned Deposit Item | $25.00 |
| Non-Sufficient Funds | $25.00 |
| Courtesy Pay Overdraft | $25.00 |
| Stop Payment | $20.00 |
| Check Copy in excess of 2 per month | $5.00 |
| Overdraft Protection Transfer | $3.00 |
| Check Printing | Price Varies |
| Temporary Checks (after first order) | $5.00 |
Frequently Asked Questions
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What’s the difference between Courtesy Pay and Overdraft Protection?
Courtesy Pay: We’ll pay for the overdraft transaction up to a certain limit, giving you time to put funds back into your account without interrupting life.
Overdraft Protection: We’ll automatically transfer funds in increments of $50.00 from your linked account, such as your Savings, to cover what you owe.
Click to watch our Overdraft Protection vs Courtesy Pay video
Please refer to our Fee Schedule for the fees associated with each of these transfers.
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Is there a minimum balance I must maintain?
There is no minimum balance that must be kept in your Checking Account.
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How do I set up Direct Deposit?
Speak with your employer to have your paycheck direct deposited to OE Federal
To make it easy, complete this form and give it to your employer.
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What do I need to open a Checking Account?
- For existing members: Complete a $20 initial deposit.
- For new members: Membership Application, Valid ID and $20 initial deposit.
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How much can I withdraw from an ATM?
The daily withdrawal limit is $500. This means you can make as many withdrawals from an ATM as you would like as long as your total amount does not exceed $500.
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What should I do if my debit card is lost or stolen?
Call or text us at 800.877.4444. After hours: call 866-833-4232.
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How do I activate my debit card?
Please call 800.631.3197 to activate your card.
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How do I change my PIN?
To change your PIN please call, 888.886.0083.