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Everything “E” Checking

Greener and leaner

This checking account is free, convenient, and totally electronic.

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  • E checking with full-service benefits

    Take back your time and enjoy the best all-electronic checking account available!

    With no monthly fees and convenient online access, it makes sense to open an Everything “E” Checking account and earn dividends on your balance.

    • Earn dividends on average daily balances of $500 or more
    • Receive a free debit card, free first order of checks, and access to thousands of free ATMs nationwide
    • Manage your account with convenient online banking, mobile banking, bill pay, and eStatements
  • Rates

    Rates

    Everything “E” Checking

    AccountMinimum Deposit To OpenMinimum Balance Required to Earn DividendsRateAPY
    Everything "E" Checking$0.00$500.000.010%0.01%

    The Dividend Rate and Annual Percentage Yield on your accounts are set forth above. For all accounts except certificates, the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Board of Directors. Money Market accounts are tiered rate accounts. The Dividend Rate for a particular tier will apply to the entire account balance if the account balance is within the balance range for that tier. The Dividend Rates and Annual Percentage Yields are the prospective rates as of 5/17/2023. For Certificate Accounts, the Dividend Rate and Annual Percentage Yield are fixed and will be in effect for the term of the account. For Certificate accounts, the Annual Percentage Yield is based on an assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.
    APY = Annual Percentage Yield

Get a cash gift for opening a new Everything “E” Checking account!*

We love helping you reach big goals. Now, we want to help you earn a big cash bonus! For a limited time, get $100 when you open a new Everything “E” Checking account!* This account has no maintenance fees, comes with a free box of checks, free eStatements, and more –plus dividends on average daily balances of $500 or more. Learn more and open your account now!

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Get your checking account

You can open your account today by using our simple online form.

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* Some restrictions may apply. To qualify, for the $100 deposit, members must make two (2) direct deposits of $500 or more within 60 days of account opening. Account must remain open and in good standing for at least 60 days, and member must request cash bonus by emailing info@magfedcu.org at the conclusion of the 60 days. Current checking accountholders not eligible. Insured by NCUA.