Premier Checking (Dividend Checking)
Enjoy the benefits of a savings account and checking account! Grow your account balance with dividends and make convenient and unlimited check and debit card transactions.
✔
Unlimited Check Writing
Write as many checks as you like each month without worrying about limits.
✔
Unlimited Debit
Transactions
Enjoy the freedom of unlimited no-fee debit card transactions.
✔
Surcharge-Free ATMs
Get cash when you need it. Avoid unnecessary fees with our network of surcharge-free ATMs.
✔
Free Digital Banking
Enjoy the convenience of banking from your phone or computer anytime, anywhere.
Dividend Checking (Premier Checking) Details
With our Premier dividend checking account, you can earn dividends on your deposits while enjoying the flexibility and convenience of a traditional checking account:
- Unlimited debit card transactions
- Unlimited check writing
- Free digital banking
- Mobile deposits
- Surcharge-free ATMs
- Unlimited teller service
- Free Debit Card
- Free notary service
Getting started is easy! It only requires a $50 deposit to open an account and a $1,500 monthly direct deposit each month.
Premier(Dividend Checking) Rates
With our Premier dividend checking account, you can earn dividends on your deposits while enjoying the flexibility and convenience of a traditional checking account:
| BALANCE | APY | DIVIDEND RATE |
| $0 - $10,000 | VISIT TELCOE RATES | |
| $10,001 and Up | VISIT TELCOE RATES |
All deposit rates are variable and subject to change at any time. The Premier Checking is a true split rate.
Opening an Account Is Easy!
STEP1
Choose an Account
Ready to earn dividends on your checking account balance? You’re in the right place!
STEP2
Apply Online
Select Premier Checking and submit the online application. It just takes a few minutes to complete.
STEP3
We’ll Call You
We'll reach out to you by phone to complete the opening of your new dividend checking account.
★★★★★
Best customer service I've ever received from a banking institution.
– Brian T.
Dividend Checking FAQs
Is there a minimum balance requirement?
You only need a $2,500 minimum deposit to open a dividend checking account and a $1,500 direct deposit each month.
Do Premier dividend checking accounts have fees?
There is a $10 monthly fee if the balance drops below $2500 during the month. To earn competitive dividends you will want to complete these steps each month: Make an electronic direct deposit of at least $1,500, make at least 15 debit card transactions each month of $10 or higher-excluding Cash app/Venmo/P2P transactions, maintain an account balance of at least $2,500, enroll for E-statements with a valid email address, and log into your Telcoe account at least once per month. If you elect paper statements, a $3 monthly fee applies.
Can I access my money at any time?
Yes, a dividend checking account works just like a regular checking account. You can access your funds anytime by check, debit card, and electronic transfer.
Can I use online and mobile banking with a Premier account?
You can easily access and manage your Premier dividend checking account from your mobile device or through our website anytime, anywhere.
More Ways that Telcoe FCU Can Serve Your Banking Needs
Prime Savings Account
Establish membership with Telcoe while earning quarterly dividends and an attractive APY*. Build your nest egg and track your growing funds with our free e-services.
Money Market Account
Maximize returns while minimizing effort. Tiered rates provide higher balances with higher rates. Enjoy fluid access to your funds.
Easy Home Improvement Loans
Enjoy competitive rates and easy financing, so you can make your home exactly as you want. Great for storm shelters, roofing, heat & air, bathroom remodel, and more...
Need Help Deciding?
*APY = Annual Percentage Yield.