At GenFed, we’ve got your interest at heart! That means giving you a variety of checking account choices so you can find the one that best meets your individual needs and goals.

Plus add your GenFed debit card to your phone’s Mobile Wallet for ease in paying.

It’s your money, so we believe you shouldn’t have to pay to use it! Our Free Checking account makes it easy for you to get the most out of your money because there’s no charge for the day to day services you need. There’s also no minimum balance, so it’s easy to get started!

No Fees, Period

This account has no minimum balance requirement, no monthly fees, no per-check charges, and unlimited free debit card transactions. You’ll also enjoy access to 64,000 surcharge-free ATMs.

Free Services

We make it easy to stay connected!

  • Free online and mobile banking with text alerts
  • Free mobile banking with mobile deposit
  • Free Debit Card with access to over 64,000 ATMs Nationwide
  • Free Bill Pay
  • Free Debit Card with unlimited transactions
  • Free eStatements with online check images (or free paper statements)
  • Free Thank You gift
  • We’ll buy back your unused checks and debit cards from another financial institution up to $10

Enjoy GenFed’s full business day deposit policy (no 2pm cut off here!), plus optional services such as direct deposit and ZashPay person to person payments..

Plus, you can protect your account from accidental overdrafts with our overdraft protection options.

Our great selection of checks are reasonably priced and your first order is 50% off.

Earn money back on the money you use every day! Our eInterest Plus Checking account pays you dividends on the funds in your checking account with the convenience of direct deposit or any automatic payment! Plus we let you keep more of your money, because there are no per-check charges and you get unlimited free Debit Card transactions.

The ‘Plus’ in the name indicates a possible loan rate discount for moving your loans to GenFed!

Competitive Rates

Earn interest when you use the convenience of direct deposit or automatic payment!

Required Opening DepositMinimum Balance to Earn DividendsDividend Rate (APY)
$50$00.05%

Great Services

With your eInterest Plus Checking account, you’ll get all the free services that are included in our Simply Free Checking account, plus earn interest!  There is no minimum balance or monthly service charge.

  • Competitive interest rate
  • Free online and mobile banking with text alerts
  • Free mobile banking with mobile deposit
  • Free Debit Card with access to over 64,000 ATMs Nationwide
  • Free Bill Pay
  • Free Debit Card with unlimited transactions
  • Free eStatements with online check images (or free paper statements)
  • Free Thank You gift
  • We’ll buy back your unused checks and debit cards from another financial institution up to $10
  • Full business day deposit policy (no business day cut-off time for deposits)

Plus, you can protect your account from accidental overdrafts with our overdraft protection options.

A perfect account for members 50 and better!

Receive interest and FREE standard checks!

No Fees, Period.

This account has no minimum balance requirement, no monthly fees, no per-check charges, and unlimited free debit card transactions. You’ll also enjoy access to 64,000 surcharge-free ATMs.

You’ll get all the services that are included in our other checking accounts, plus earn interest and get FREE checks.

Competitive Rates

Earn interest when you use the convenience of direct deposit or automatic payment!

Required Opening DepositMinimum Balance to Earn DividendsDividend Rate (APY)
$50$00.05%

Free Services

  • Competitive interest rate
  • Free online and mobile banking with text alerts
  • Free mobile banking with mobile deposit
  • Free Debit Card with access to over 64,000 ATMs Nationwide
  • Free Bill Pay
  • Free Debit Card with unlimited transactions
  • Free eStatements with online check images (or free paper statements)
  • Free Thank You gift
  • We’ll buy back your unused checks and debit cards from another financial institution up to $10
  • Full business day deposit policy (no business day cut-off time for deposits)
  • Zashpay person to person payments

Plus, you can protect your account from accidental overdrafts with our overdraft protection options.

Earn the greatest possible return on your checking account with Premier Interest Checking!  There is no required minimum opening deposit.

  • FREE standard checks
  • Higher interest rate with a balance of $1,500 or more
  • Competitive interest if balance falls below $1,500
  • Only $6 monthly charge if minimum balance falls below $1,500

Competitive Rates

Earn interest and get FREE checks!

Required Opening DepositMinimum Balance to Earn DividendsDividend Rate (APY)
$50$00.05%
$1,5000.15%

You’ll also enjoy the same free features as our other accounts:

  • Free online and mobile banking with text alerts
  • Free mobile banking with mobile deposit
  • Free Debit Card with access to over 64,000 ATMs Nationwide
  • Free Bill Pay
  • Free Debit Card with unlimited transactions
  • Free eStatements with online check images (or free paper statements)
  • Free Thank You gift
  • We’ll buy back your unused checks and debit cards from another financial institution up to $10
  • Full business day deposit policy (no business day cut-off time for deposits)
  • ZashPay person to person payments

Plus, you can protect your account from accidental overdrafts with our overdraft protection options.

At GenFed, it’s our business to help your business succeed! The GenFed Simply Free Business Checking account gives your business more of the services and benefits you need.

  • Minimum opening deposit $50
  • No minimum balance requirement
  • 1,000 FREE monthly transaction items
  • No minimum balance
  • No monthly service charge
  • Up to $10,000 currency deposited per month FREE

This account is perfect for most businesses:  sole proprietorship with SSN or EIN, partnership, LLC, corporation, trust (SSN or TIN), estate, or non-profit association/organization.

Get More Done

We make it easy to manage your business checking account, so you can spend more time managing your business.

  • Free online and mobile banking with text alerts
  • Free mobile banking with mobile deposit
  • Free Debit Card with access to over 64,000 ATMs Nationwide
  • Free Bill Pay
  • Free Debit Card with unlimited transactions
  • Free eStatements with online check images (or free paper statements)
  • Free Thank You gift
  • We’ll buy back your unused checks and debit cards from another financial institution up to $10
  • Full business day deposit policy (no business day cut-off time for deposits)
  • ZashPay person to person payments
  • Free notary service
  • Branch night drop
  • Overdraft protection options

Earn money on the money your business uses every day!  The GenFed Business Interest Checking account is designed for sole proprietorships and not-for-profits.  Check out the services and benefits of this account:

  • Minimum opening deposit $50
  • Competitive Interest
  • Only $1,500 minimum balance to avoid a low monthly fee of $6
  • 1,000 FREE monthly transaction items
  • Up to $10,000 currency deposited per month FREE

Competitive Rates

Earn interest and get FREE checks!

Required Opening DepositMinimum Balance to Earn DividendsDividend Rate (APY)
$50$1,5000.05%

Get More Done

We make it easy to manage your business checking account, so you can spend more time managing your business.

  • Free online and mobile banking with text alerts
  • Free mobile banking with mobile deposit
  • Free Debit Card with access to over 64,000 ATMs Nationwide
  • Free Bill Pay
  • Free Debit Card with unlimited transactions
  • Free eStatements with online check images (or free paper statements)
  • Free Thank You gift
  • We’ll buy back your unused checks and debit cards from another financial institution up to $10
  • Full business day deposit policy (no business day cut-off time for deposits)
  • ZashPay person to person payments
  • Free notary service
  • Branch night drop
  • Overdraft protection options

The Commercial Checking account is the perfect account for businesses with more complex banking needs!  Check out the services and benefits of this account:

  • No minimum balance
  • Only $15  monthly service charge
  • Transaction items in excess of 1,000 each month are just 15 cents each
  • Coin and currency deposits in excess of $10,000 each month are just 50 cents per $1,000

 

Get More Done

We make it easy to manage your business checking account, so you can spend more time managing your business.

  • Free online and mobile banking with text alerts
  • Free mobile banking with mobile deposit
  • Free Debit Card with access to over 64,000 ATMs Nationwide
  • Free Bill Pay
  • Free Debit Card with unlimited transactions
  • Free eStatements with online check images (or free paper statements)
  • Free Thank You gift
  • We’ll buy back your unused checks and debit cards from another financial institution up to $10
  • Full business day deposit policy (no business day cut-off time for deposits)
  • ZashPay person to person payments
  • Free notary service
  • Branch night drop
  • Overdraft protection options

See rates page for full rates disclosures.