free Velocity Checking

About Velocity Checking

Benefits:

  • Free Checking Account
  • Pays 5.05%* Annual Percentage Yield (APY) on balances up to $40,000
  • Pays 1.00% APY on all amounts above $40,000 each cycle the account qualifications are met.
  • Refunds any ATM fee you might be charged from using an ATM anywhere in the U.S.**
  • No minimum balance requirement.
  • Free Velocity Debit Card
  • Free Online Banking and Bill Payer
  • No Monthly Service Charge

Even if you do not meet the account qualifications, you still earn .10% APY, get a free checking account with a free check card and free online banking and bill pay.  Click apply now to sign up today!

Account Qualifications:

  • 12 Debit Card/Point of Sale Purchase Transactions per cycle
  • Consent to receive eStatements and other electronic communication
  • Log-on to Home Banking at least once a month

These items are required in order to receive the rate of 5.05%* APY.

If these account qualifications are not met:

  • No ATM refunds will be made
  • The APY will be 0.10% with NO Service Charge.

* 5.05% Annual Percentage Yield  (APY) paid on balances between one penny and $40,000, and 1.00% APY paid on all amounts above $40,000 each cycle the minimum qualifications are met. If you do not meet the account qualifications per cycle, your account will still function as a free checking account earning 0.10% APY; however, it will not receive ATM refunds for that time period. Rates as of January 7, 2008. We may change the interest rate and the APY at any time after the account is opened. No Minimum Balance Required.  No monthly service charge.

**ATM refunds up to $25 per cycle if requirements are met.

***A cycle is defined as the last day of the month to the second to the last day of the following month.
Open a Velocity Checking Account
 
Switch an Existing Verity Checking Account to Velocity
 
Visit Veritycu.com for more
products and services
 
Visit our Home Loan Center
for resources and five minute
online approvals.
 
 
free atm refunds nationwide**
To earn the 5.05% APY, perform the following each cycle:

  • 12 Debit/Point of Sale Transactions.
  • Receive Electronic Statement
  • Access Online Banking
About Velocity Checking | Terms and Conditions | FAQs | Switch Kit for New Account Numbers | Velocity Checking 101

*5.05% Annual Percentage Yield (APY) paid on balances between one penny and $40,000, and 1.00% APY paid on all amounts above $40,000 each cycle the minimum requirements are met. If you do not meet the requirements per cycle, your account will still function as a free checking account earning 0.10% APY; however, it will not receive ATM refunds for that time period. Rates effective June 1-30, 2008 and will adjust to 5.05% APY as of July 1, 2008. We may change the interest rate and APY at any time after the account is opened. No Minimum Balance Required. Available to Personal Accounts only. No monthly service charge.

**ATM refunds up to $25 per cycle if requirements are met.