Classic Checking
Classic never goes out of style.
Start with the basics, and then go way beyond them. This checking account pays dividends on deposits and offers all sorts of free services.
The world is changing rapidly. But at Capital Credit Union, we think some ideas are timeless. Like offering great value at low cost. With Classic Checking, you'll save money with lots of freebies, and you'll receive dividends paid on your account balance at a competitive rate. It's a classic, living up to our always-high standards.
Additional Features
- Unlimited ATM refunds when withdrawing funds from your Classic Checking Account1
- 1% APY on balances up to $25,0002
- Two free boxes of checks annually3
- Manage money through our online platform, CU Online, or our mobile app
- CD rate bumps5
- Safe deposit box discount6
- Free money orders and cashier’s checks
- Debit card included
- Free line-of-credit transfer and overdraft share transfers7
1% APY Requirements
- Be a member in good standing
- Have 12 or more qualifying transactions that post and clear during each monthly qualification period using their Capital Credit Union debit or credit card, or any combination of both
- Qualifying transactions do not include ATM transactions
- The qualification period is defined as the first through the last day of the calendar month
- Maintain a minimum average daily balance of $2,500
Dividends will be deposited into the checking account on the last day of the month in which the qualification period ends.
Service Charges
- $12 fee will be charged if $2,500 minimum average daily balance requirement not met or Capital Credit Union loan balance is less than $40,0004
Capital Credit Union is a full-service financial institution with locations in Bismarck, Mandan, Fargo, Beulah, Hazen and New Salem, North Dakota.
1No fee will be charged for use of CO-OP ATMs. Fees charged by non-CO-OP ATMs will be automatically refunded.
2Dividends paid at 1.00% Annual Percentage Yield to Classic Checking account holders, on balances of $25,000 or less, and 0.05% APY for any balance above $25,000, who meet all of the following requirements: (1) must be a member in good standing, (2) have 12 or more qualifying transactions that post and clear during each monthly qualification period on their Capital Credit Union debit or credit card and (3) maintain a minimum average daily balance of $2,500 in the Classic Checking account. If all requirements are not met, dividends will be paid at 0.05% APY, as long as the minimum average daily balance requirement of $2,500 is met. No dividends will be paid for accounts failing to meet the minimum average daily balance requirement. Dividends will be deposited into the checking account on the last day of the month in which the qualification period ends. Qualifying transactions include debit or credit card purchases on Capital Credit Union cards; qualifying transactions do not include ATM transactions. The qualification period is defined as the first through the last day of the calendar month. Transactions may take one or more business days from the date the transaction was made to post to the checking account. Rates are subject to change. High yield rate incentive is a special promotion, associated rates, terms and conditions may change or be discontinued at any time.
3Two free boxes of Custom Creation checks annually, per account, per calendar year. Any unordered boxes of checks cannot be rolled over to the next year.
4Member must maintain at a minimum average daily account balance of $2,500 in the Classic Checking account at the end of each month. A $12 low balance fee applies for each month a member fails to maintain the $2,500 minimum balance requirements in their Classic Checking account, or a combined loan balance of $40,000 or more as determined at the end of each month. Combined loan balance includes all the Member’s loans held by Capital Credit Union and excludes sold mortgages. A sold mortgage is a mortgage sold by Capital Credit Union on the secondary market. The $12 low balance fee could reduce the earnings under the account.
5A member with a good standing Classic Checking account can be granted a CD bump of 0.10% APY upon request at CD opening or renewal. A CD bump is not available on any special CD rate offer.
625% discount on safe deposit boxes for members with Classic Checking.
7Free with eStatements; $3 fee applies without.