FIND THE PERFECT ACCOUNT

Make your money work harder.

Veritas Federal Credit Union has a variety of accounts so finding the perfect account for you is easy. You may want to invest, or you may want to save for a vacation. You may want to establish credit or repair credit problems. We have a range of accounts, so come and talk to us about how to make your money work harder for you.

VERITAS CHECKING ACCOUNTS

Whether your credit is in good standing, or you need a bit of help reestablishing your credit, we have the perfect account for you. Please note, the Spend Checking Account is coming soon; it is not currently available. This page will be updated when it is ready.

Checking is available in three flavors at Veritas FCU.

The following chart allows you to compare our three flavors at a glance. To learn more, click the buttons below to give you more detail.

Chart of the differences between VFCU checking account types

*Variable Rate Account. The dividend rate and annual percentage yield are variable rates and may change at any time, at VFCU discretion. Dividends earned daily for each day on which the account balance equals or exceeds the minimum daily balance requirement. Dividend period is monthly; if you close your account prior to payment of a dividend, you will not receive any accrued dividend. Dividends are calculated by the daily balance method that applies to a daily periodic rate to the principal balance in the account each day.

**Thrive Checking pays a high-yield dividend. To qualify to receive the higher rate, each month, you must complete 15 debit card transactions of at least $5 each, have eStatements, have direct deposit, and log into eBanking at least once. Higher dividend paid on balances up to $25,000; balances over $25,000 pay at regular share rate.

spend – coming soon
Grow Checking
Thrive Checking

FAQs

Yes!! No matter which checking account you choose, eBanking allows you to manage your checking account, pay bills, view statements, and so much more – wherever you are. Sign in.

Yes!! We have an easy-to-use mobile app. Enjoy secure and ultra-convenient banking through our app. Available for Android, iOS, and Kindle devices.

The “My VFCU Mobile App” is fast, convenient, and free, and allows users to:

  • Check account balances
  • See recent activity and view history
  • Transfer funds from account to account
  • Transfer loan payments
  • ePay your bills from the app
  • eDeposit by taking a photo of checks
  • Find ATMs and shared branches
  • Log in with biometrics
  • Set up custom alerts

You can get our mobile app on Google Play and in the App Store.

Yes, you can for Grow and Thrive Checking Accounts. If you’d still like to write checks instead of getting a cashier’s or teller check, or transferring money digitally, your first batch of checks needs to be set up through us. Talk to an MSR to get your first checks. After that, you can order checks through us or from a place of your choice. Just be sure to compare the routing and account numbers on your ordered checks with the checks you received from us to be sure they are the same.

It doesn’t seem like much of a “courtesy” to charge a fee for insufficient funds (NSF). Isn’t it better just to get the NSF fee if my account is running low?

None of us like fees. It’s best to keep enough money in your account to pay your bills, but sometimes things happen. When they do, our Courtesy Pay system steps up to help.

With our Courtesy Pay system, any time funds are not available, our system pays the item and then charges a fee. You don’t have to have our Courtesy Pay.

Without Courtesy Pay, when funds are not available, debit card transactions get denied, but we can’t deny a preauthorized charge (automatic payments). Either way, you’d still get the fee for NSF or insufficient funds (AND, you’ll get a fee from the vendor that’s trying to get their money from your account). So Courtesy Pay can save you money.

Best practices:

  • Ensure enough funds are available in your account to alleviate courtesy fees altogether.
  • Know when auto drafts are to be withdrawn so you can deposit money, if needed.
  • Set up an alert for when your funds get low.
  • Check your account balance frequently so your account doesn’t drop too low.
  • Ask one of our MSRs to set up back up accounts for you. We first pull from your share account. If funds are not available, we go to your Line of Credit. If that’s not available, you can set up other back up accounts that you have.

If your funds do get too low and you can catch problems early, they are much easier to resolve. Talk to us, and maybe we can help.

Most likely, you’ve exceeded Regulation D, a Federal Reserve regulation that states you may not use your savings account as a transaction account. Savings accounts are limited to a specific number of electronic transfers per month. These transfers include: online banking or transfers on the app, ACH payments, and overdraft transfers to checking. Best practice is to be sure there are enough funds in your checking account to cover monthly expenses. You can also set up other back up accounts if you’ve exceeded Reg D. For example, we can pull from your Line of Credit or other authorized accounts. Contact an MSR to help you get back up accounts set up.

We have a dedicated line for Bill Pay Support: 844-357-8886

As always, Veritas members get:

  • Nation-wide network of surcharge-free ATMs (about 30,000!)

  • 5,000 shared branches across the U.S.
  • Unlimited transactions
  • No minimum balance requirement
  • Free MasterCard debit or ATM card
  • Free eBill Pay
  • and many more perks for you!