Checking – The ElecTel Checking Advantage

Everyone needs a checking account from ElecTel. It’s convenient, affordable, and it brings the credit union closer to you.

With an ElecTel checking account, you save…

  • NO minimum balance required
  • NO service charges
  • NO per check fees
  • NO other hidden fees or charges
  • FREE home banking and bill pay
  • Overdraft protection from your regular savings account or approved line of credit
  • Payroll deduction/direct deposit
  • Immediate access to savings withdrawals or loan advances
  • Overdraft privilege up to $500
Man stamping check book

Overdraft Protection

ElecTel offers overdraft protection to protect you from costly mistakes such as mathematical errors when balancing your account or failing to record a check or ATM withdrawal. Why you should have it:

  • Provides peace of mind. Your overdraft protection will transfer funds when needed.
  • Saves you money. Why pay returned check charges, which could be as much as $40, when available?
  • Serves as a ‘backup.’ Mistakes happen all the time. Overdraft protection makes sure your mistakes are protected.
  • Immediate action. Funds are transferred immediately to cover your check. In addition, we mail a notice the following business day after the check is ‘covered,’ detailing exactly what check was paid, the amount and how the overdraft was affected.
  • Many different options. Use a line-of-credit loan, a savings account, or a combination of both. We strongly endorse using a line-of-credit as your primary means of overdraft protection due to Federal Reserve restrictions on savings account transfers.

Add it today! Apply online today, or call our loan department at 1-800-849-5600.

Overdraft Privilege

When there’s not quite enough in your checking account…
At times, a mistake, unanticipated expenses or unforeseen problems can leave you with too little cash in your checking account. Having a check returned due to non-sufficient funds (NSFs) can be an embarrassing and humiliating experience.

ElecTel encourages you to manage your accounts responsibly and we do not encourage “overdrafts” or NSFs that would take your account into the negative. However, we want to help you avoid the embarrassment, additional merchant fees, or damage to your credit history that could result if a check is returned.

That’s why we are providing Overdraft Privilege, a special overdraft (NSF) product for your ElecTel Checking Account. This is a non-contractual courtesy, and normal NSF fees do apply. Overdraft Privilege will be offered up to an amount of $500 to members in good standing. This service will only apply after we have attempted to draft (to cover your check) from your share account, any other linked share accounts, and your overdraft line-of-credit.

For more information on Overdraft Privilege, or if you would like to opt out of this service, please call a Member Service Representative at 1-800-849-5600 or contact us at

Debit Card

The next best thing to having an ElecTel checking account is having the card that goes with it – our VISA® Debit card. It’s our most exciting and versatile service! Our VISA® Debit card is like a check, ATM card, and VISA® all rolled into one, and it puts the credit union right in your back pocket!

Benefits of your ElecTel Visa Debit Card:

  • NO maintenance fees
  • Charges will post immediately to your checking account
  • Deposits to your checking account will be credited to your card immediately
  • Use it for purchases (with your pin) at participating merchants and get cash back, avoiding ATM fees and surcharges
  • Easy record keeping (your transactions show up in detail on your monthly checking account statement)
  • Overdraft privilege available
  • Daily purchase limits up to the current amount in your checking account

Call today and talk to one of our Member Service Representatives at 1-800-849-5600, or stop by any of our branches. We will be happy to assist you!

ElecTel Visa Lightening