FFCCU’s Advantage Checking account is exactly what you need: simplicity with flexibility. Start with essentials like free digital banking, no monthly maintenance fees, and no minimum average daily balance. Want more? Level up your account to unlock benefits like earning 2.00% APY*
Want more from your Advantage Checking account? Meet the bonus criteria in any given month and unlock earnings of 2.00% APY* on your average daily balance between $500-$24,999. Plus, you can make unlimited withdrawals from ATMs for free.*
And if you don’t meet the bonus criteria at any point, there’s no penalty or fee! You won’t earn bonus benefits that month, but you can always enjoy them by leveling up the next month!
| Account Type | Balance | APY* |
|---|---|---|
| ADVANTAGE Checking* | $500-$24,999.99 | 2.00% |
| $25,000+ | 0.01% |
*APY = Annual Percentage Yield. Get unlimited ATM withdrawals and earn 2.00% APY when your average daily balance is between $500-24,999.99 when you meet the following requirements: 12 or more VISA Debit Card transactions posted to your account each month, enrolled in e-Statements and have direct deposit totaling $500 or more within the same month. Earn .01% on the remaining portion of your balance over $25,000.00. ATM fees charged by FFCCU are refunded at the end of the month. ATM fee refunds do not include terminal surcharges, if incurred. Only one Advantage Checking account per member. Account is subject to approval. Call 800.621.4644 for current rates as they are subject to change at any time and without notice.
In order to get an Advantage Checking account, you must be a member of FFCCU who is over the age of 18. Account is subject to approval.
ATM fees are made up of two charges: a transaction fee and a surcharge. A transaction fee is charged by the financial institution to users who are not their customers. A surcharge, on the other hand, is applied by the owner of the ATM terminal for providing the cash-dispensing service. FFCCU refunds our charge on up to 8 withdrawals per month, or an unlimited number with a qualifying Advantage Checking account. FFCCU is part of several surcharge-free ATM networks and the additional charge should not be taken by the servicer when using these machines.
To calculate your average daily balance, determine the sum total of the balance for every day in the billing cycle and then divide the total by the number of days in the billing cycle.
For example, say you have a 30-day billing cycle and start the cycle with a $500 balance. Then, on day 11 you make a $100 purchase, and on day 18, you make a $200 deposit, your daily balances are: $500 for the first 10 days, $400 for the next seven days, $600 for the final 13 days. When you add those daily averages up per day, and divide by 30, you get an average daily balance of $520.
There’s no penalty! You simply won’t be eligible to earn 2.00% APY* and will be limited to eight FFCCU ATM withdrawals before incurring an FFCCU fee.
The best part: if you miss a month, you can still qualify in any given month after! Bonus benefits get unlocked on a monthly basis, so there’s always another chance to level up.
