Checking Accounts

Average daily balance on previous month's data.

1: APY is Annual Percentage Yield. Variable rate account, rate may change after account opening. APY is accurate as of June 1, 2025. The minimum balance to open the account is $20 and the minimum average daily balance to earn the stated APY is $100. Balances $15,000 and under earn 2.00% APY as long as monthly criteria² is met. The remaining balance over $15,000 earns 0.10% APY. Fees may reduce earnings.

2: To qualify for stated REWARDS in each current month, members must have met the following criteria in the immediate previous month: 1) At least 10 $5 Point of Sale (POS) Debit transactions or have at least $500 in total posted and cleared debit card and / or POS transactions, Direct Deposit (at least $1,000 minimum per month via ACH) and e-Statements; Dividends earned will be calculated and ATM Surcharge Rebates will be refunded based on prior month-end data.

Eligible direct deposits via ACH may be made available up to two (2) days before the scheduled deposit date. Consumer accounts only. Early access is not guaranteed, may vary from deposit to deposit, depends on receipt of payor’s instructions, are subject to limitations for fraud prevention, and may be changed or cancelled at any time without notice. Ineligible deposits, such as payment transfers, check/mobile deposits, etc., will be available per our Funds Availability Policy.

Membership requires a one-time non-refundable $5 fee.

Choosing the right checking account starts with understanding how you use your money every day. Whether you’re focused on earning more, avoiding fees, or keeping things simple, the best checking account should match your spending habits, cash flow, and financial goals.

Start with How You Use Your Account

If your checking account is where your paycheck lands and your bills get paid, look for features that reward everyday activity—such as earning dividends, ATM fee rebates, or early access to direct deposit. If you mainly want a place to manage expenses with minimal requirements, a basic checking option may be the best fit.

Consider Fees and Minimums

Many checking accounts charge monthly fees or require minimum balances to avoid them. A good checking account should keep fees to a minimum—or eliminate them altogether—so more of your money stays in your account. Understanding fee structures upfront can help you avoid surprises later.

Look for Ways to Earn More

Some checking accounts go beyond the basics by offering dividends or rewards when you meet simple monthly criteria. If you regularly use your debit card or receive direct deposit, a high‑yield checking account may allow you to earn more on balances you already keep for everyday use.

Think About Access and Convenience

Easy access to your money matters. Features like surcharge‑free ATM access, digital banking tools, mobile deposit, and bill pay can make managing your account faster and more convenient—whether you’re banking at home or on the go.

Match the Account to Your Bigger Picture

If you tend to keep larger balances or want your money to earn more while remaining accessible, you might consider pairing your checking account with a savings or money market account. Many members use checking for daily expenses and keep excess funds in accounts designed for higher balances and growth.

Compare and Choose with Confidence

The right checking account should fit naturally into your financial routine. By comparing features like fees, earning potential, digital tools, and access to your funds, you can choose an account that supports both your daily needs and long‑term goals.

Member-First Banking with Real Benefits

At Meriwest Credit Union, your checking account is more than just a place to manage your money—it’s your gateway to a full-service financial experience that puts your needs first.

As a member-owned credit union, Meriwest operates with your financial well-being in mind—not shareholder profits. That means lower fees, better rates, and personalized service.

Seamless Access and Flexibility

Whether you're banking from home or on the go, Meriwest makes it easy. Enjoy:

• A robust mobile app for remote deposits and transfers
• Access to thousands of fee-free ATMs nationwide
• Shared branching across the U.S. for in-person service wherever you travel

More Than Just Checking—Grow with a Credit Union Savings Account

Pair your checking with a high-yield credit union savings account to maximize your money. Meriwest offers:

• Premier Savings for new members — One of the best high yield credit union savings accounts in the market.
• SecureEdge℠ Money Market Account with added insurance protection for both consumer accounts and business.
• Flexible savings options for youth, retirement, and long-term goals.

Community-Focused and Financially Empowering

Your membership supports local initiatives, financial literacy programs, and scholarships in the Bay Area. You’re not just opening an account—you’re joining a community that invests in your success.