Online Banking

Checking

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Free Checking

The best things in life really are free! Our Free Checking account has no minimum balance and no monthly maintenance service charge.

  • Free Online Banking
  • Free Bill Payment
  • No per check charge
  • Free POS debit transactions using your Debit MasterCard. International transactions are subject to a 3% service assessment on the U.S. dollar amount.
  • Transactions at Colonial Federal ATMs are always free and, as a member of the SUM and MoneyPass networks, our customers have access to surcharge free ATMs. There is, however, a fee of $0.75 for any transaction at a non-Colonial Federal ATM.

Please contact us for a complete account disclosure.

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NOW Checking

Our NOW Checking account has a low minimum balance of $250.00 to avoid a monthly maintenance service charge. 

  • Free Online Banking
  • Free Bill Payment
  • 18 checks processed free each statement cycle
  • Variable interest rate with monthly compounding
  • $50 minimum balance required to earn the Annual Percentage Yield
  • Free POS debit transactions using your Debit MasterCard. International transactions are subject to a 3% service assessment on the U.S. dollar amount.
  • Transactions at Colonial Federal ATMs are always free and, as a member of the SUM and MoneyPass networks, our customers have access to surcharge free ATMs. There is, however, a fee of $0.75 for any transaction at a non-Colonial Federal ATM.

Please contact us for a complete account disclosure.

  Free Checking NOW Checking
Best For: A No Service Fee Checking Account A Traditional Interest Bearing Checking Account
Minimum Opening Balance $25 $250
Minimum Balance No Minimum Balance Required After Opening $250
Monthly Maintenance Service Charge No Monthly Maintenance Fee $5
Earns Interest

Online/Mobile Banking Access

 

Eligible for Bill Pay

Eligible for Bill Pay
Telephone Banking Access
Free Debit MasterCard Transactions
Free Colonial Federal ATM Access
Surcharge-Free ATM Access Using SUM & MoneyPass Networks Using SUM & MoneyPass Networks
  More Info More Info

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