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Checking Accounts

At MidSouth Community Federal Credit Union, you can choose from four terrific checking plans:

Personal Checking

Our Personal Checking Account is for members age 18 and up. This account has a $50 minimum deposit to open. Restrictions apply.

• Free Internet Bill Pay
• Unlimited check writing
• EZ Call transactions
• Free Travelers Cheques
• Free notary service
• Free direct deposit
• ACH
• Payroll deduction
• Free Visa® debit card
• 5 free ATM transactions
• Night deposit
• Shared service center access
• Home Banking access

Joint Teen Advantage Checking (Age 15 - 17)

The Joint Teen Advantage Checking Account is a program designed specifically for the youth (age 15-17) of MidSouth Community FCU. This is a no-fee checking account that will allow you to sign your own checks. Get your first set of checks free and a Teen Advantage Budget Planner with a $50.00 deposit. Restrictions apply.

• Offers all of the features of Personal Checking plus:
• No fee to use coin machine
• Scholarship Program - Two scholarships each year
  One High School Scholarship for $4,000 and one Continuing Education Scholarship for $2,000 are awarded each year. Applications are available February - April. For more information on scholarships click here.

Gold Star Checking

The Gold Star Checking Account is a program designed specifically for members age 55 + or retired. This account requires a $50 deposit to open. In addition members may qualify for a bonus on Share Certificate rates and a discount on loan rates. Restrictions apply.

• Offers all the features of Personal Checking plus:
• Free personalized checks
• 2 more free ATM transactions.
• Free stop pyament 2x/yr
• Free statement copy 2x/yr

Money Market Accounts

You can open a MidSouth Community Federal Credit Union Money Market Account with a minimum deposit of $2,000. A minimum average daily balance of $2,000 is also required to obtain the Annual Percentage Yield and to avoid fees on your account. Other features include:

• Check writing privileges on some Money Market accounts
• A competitive dividend rate
• Access through EZ Call, our 24-hour audio response system
• Deposits at any branch or by mail

Please contact us if you have any questions about Money Market Accounts.

iChecking

Minimum Opening Balance - $100
RATE INFORMATION: The iChecking account dividend rate is a variable rate. The dividend rate and annual percentage yield (APY) may change at any time, as determined by the Credit Union Board of Directors. The iChecking Annual Percentage Rate (APR) and Annual Percentage Yield (APY) is based on the number of Point of Sale (POS) transactions that post to the account during the calendar month. The minimum number of Point of Sale transactions does not include authorizations. The check card transactions only include Point of Sale transactions that have paid on the account before the end of the month. Does not include transactions made at an ATM. In addition to the Point of Sale requirements the member must have logged into Home Banking at least once, be enrolled to receive e-Statements, maintain a valid e-mail address, and have a Direct Deposit posted to the iChecking account within the calendar month for which dividends are posted.

The transaction requirements and the resulting APR/APY are as follows:

Number of Transactions	APR	APY
20-29	2.00%	2.00%
30-39	3.00%	3.00%
40-49	4.00%	4.01%
50+	5.00%	5.01%

The rates above will be paid on the average daily balance for the calendar month between $0.01 and $10,000. Any amount of the average daily balance above $10,000 will earn the current Premier Checking Account* APR and APY. Dividends are compounded monthly and credited to the account monthly.
* Reference the Credit Union Rate Schedule for current rates and APYs that apply.

Checking accounts subject to credit approval.

fresh$tart Checking

fresh$tart checking offers a new opportunity to responsibly manage a checking account.  This checking account is designed to serve members who do not qualify for a personal checking account.

Account Requirements

• $50 opening balance
• Direct Deposit required
• Monthly service fee of $10.00 applies

Account Benefits

• No minimum balance
• VISA Check Card
• Unlimited check writing
• Free Home Banking and eBillPay
• EZ Call Transactions
• Free notary service
• Night deposit
• Shared services center access
• ACH

After two years of a satisfactory (keep account current and in good standing, including payment of any fees incurred) account history, you are eligible to upgrade to a Personal Checking Account.  Applicable fees will apply.  See our Fee Schedule. Outstanding balances owed to MSCFCU must be paid in full prior to opening or re-opening an account. Savings account is required, which represents your share in the credit union. $2.50 aggregate account fee will not apply to fresh$tart checking accounts. If you upgrade to a Personal Checking Account after the rolling 24 month period; the $2.50 aggregate account fee will apply.