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Checking Account

Free Checking Account

Convenience and support are of the utmost importance. A free checking account serves as an efficient tool for managing personal finances by facilitating easy deposits, withdrawals, and tracking of funds. Democracy Federal Credit Union has you covered with our easily accessible and extremely beneficial checking accounts.

We have credit union checking accounts with no minimum balance requirements as well as plenty of FREE services. This includes online banking capabilities, free bill payments, monthly electronic statements, and assistance and information provided when you call our toll-free numbers in case you have questions or there’s a discrepancy in your account.

Democracy FCU wants only the best for you. By offering free credit union checking accounts, our hope is that you’ll immensely improve your financial situation.

If you have questions or concerns at any point in time, there’s always a number to call for assistance. We believe that customer service is a component that sets credit unions apart from the average banking services. With our company by your side, you’ll find that past problems are quickly resolved, and that saving isn’t as difficult as you once thought.

Overdraft Privilege

You’ll also love to learn that one of the features we offer with our credit union checking accounts is Overdraft Protection Transfers and Overdraft Privileges available to qualifying members. It adds an extra layer of protection for checking account holders. This can prove especially beneficial in emergencies and other unexpected circumstances when it’s vital to utilize your credit union checking account.

  • Do I have to apply for Overdraft Privilege?

    You do not need to apply for Overdraft Privilege. However, members must opt-in to utilize this benefit by contacting member services. Members in good standing who have had a checking account for at least 60 days, have no legal orders against the account and who make regular deposits to that account can have Overdraft Privilege. However, you can choose not to have Overdraft Privilege assigned to your account.

  • What types of overdrafts may be paid by Overdraft Privilege?

    Overdraft amounts up to your Overdraft Privilege approved limit; including the actual overdraft, and any Democracy FCU associated fees may be applied to:

    • Checks
    • Debit Card Transactions at Point of Sale
    • Electronic Funds Transfers
    • Bill Pay Scheduled Payments
    • Online Banking Transactions

    Whether your overdrafts will be paid is discretionary and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you have too many overdrafts.


  • What if I already have another form of Overdraft Protection?

    If you have other forms of overdraft protection, such as a Share Draft Overdraft line of credit or automatic transfer from other accounts, we will use those methods first. We will only use your Overdraft Privilege if funds are not available in the other options.

  • How does Overdraft Privilege work?

    Overdrafts on your share draft checking account may be covered up to $500 or $750, which includes the amount of the overdraft plus overdraft fees charged by Democracy FCU. The approved limit is based upon your direct deposit status with the Credit Union. Please click here to review the Democracy FCU Fee Schedule. When you use Overdraft Privilege you have 30 days to bring your account current.

If you have additional questions or concerns please call us.

How much will I earn with Kasasa Rewards Checking?
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