Share Draft Checking
With a variety of checking accounts available, we help you keep more of your money.
Platinum Checking Account
Make your money work for you with products and services you already use! With our Platinum Checking Account, you earn a higher dividend rate when your account meets the criteria below:
Average daily balance $500.01 – $15,000.00
- Enrolled in online banking AND e-statements
- Monthly direct deposit of $500 or more
- 10 debit card transactions per month with a transaction amount of $10 or more, not including ATM withdrawals.
Already have a checking account with TN Members 1st? Use the form at the link below to enroll in Platinum Checking!
Free Checking Account
Similar features as our regular checking account, but with no monthly service charge.
1st Checking Account
Members between the ages of 16 and 24 are eligible to open a 1st checking account. A great way to learn about the basics of personal money management!
Fresh Start Checking Account
If you have experienced trouble with your finances in the past, you would be eligible for our fresh start checking account. Contact Member Services for an exact listing of the account benefits.
YOUR TN MEMBERS 1ST Contactless VISA® DEBIT CARD
With your TN Members 1st Visa® Contactless Debit Card, you can tap to pay on a contactless-enabled transaction terminal and be on your way quickly! Simply tap or hover your debit card near the contactless payment symbol. Contactless cards use an encrypted “token” with every transaction. This one-time-use digital token is transmitted to the contactless card reader, which is authenticated by the card reader network. The digital token doesn’t contain your card number or any personal information and cannot ever be used again to make another transaction. Since your contactless card never leaves your hand, you are in control the entire time.
You can use your contactless card anywhere you see the contactless symbol at checkout. If you don’t see the contactless symbol, your card can still be swiped or inserted to complete your transaction. The contactless, wave-like symbol, similar to a sideways wi-fi symbol, will appear on the front of your card. Payment terminals that accept contactless payments will have a similar symbol.
| Platinum Share Draft (with criteria) | Current Rate | APY |
|---|---|---|
| $0.01 – $500 | 0.050% | 0.050% |
| $500.01 – $15,000 | 1.243% | 1.25% |
| $15,000.01 – $500,000 | 0.050% | 0.05% |
Federally insured by NCUA. APY = Annual Percentage Yield. Platinum Share Draft Rate is earned on amounts $500.01 – $15,000 and when the following criteria are met: Enrolled in online banking; Enrolled in e-statements; Monthly direct deposit of $500 or more; 10 debit card transactions per month with $10 or more transaction amount, not including ATM withdrawals. The Share Drafts (07) rate is earned on any amount in excess of $15,000.01 and on balances of $500.01 – $15,000.00 when criteria are not met. Ask us for further information about the terms, fees, and conditions that may apply to these accounts.
| ||
Share Draft Account Benefits
| Features & Benefits | Regular Checking | Platinum Checking | Free Checking | 1st Checking |
|---|---|---|---|---|
| Overdraft protection | ||||
|
Pre-approved Courtesy Pay Limit Click here to learn more about our Courtesy Pay Program. |
||||
| No per-check charges | ||||
| Direct Deposit (free) | ||||
| eStatements (free) | ||||
| Audio Response Teller (free) | ||||
| Digital Banking (free) | ||||
| Bill Pay (free) | ||||
| Remote Deposit Capture (free) | ||||
| Visa® Debit Card (free) | ||||
| ATM access at Money Pass or CO-OP Surcharge-Free terminals (free) | ||||
| Online check reorder | ||||
| Monthly Dividends | ||||
| Quarterly Dividends | ||||
| Daily/Monthly Criteria* | ||||
| *Regular checking accounts must maintain a $300.00 average daily balance, or set up a direct deposit and eStatements to avoid a monthly service charge. Platinum checking accounts must be enrolled in online banking; enrolled in e-statements; have a monthly direct deposit of $500 or more; and 10 debit card transactions per month with $10 or more transaction amount, not including ATM withdrawals to receive the Platinum Share Draft rate on amounts $500.01 – $15,000. The Share Drafts (07) rate is earned on any amount in excess of $15,000.01 and on balances of $500.01 – $15,000.00 when criteria are not met. Ask us for further information about the terms and fees that may apply to these accounts. | ||||