Checking Account
A checking account is a transactional deposit account held at Members 1st that allows for withdrawals and deposits. Money held in a checking account is very liquid, and can be withdrawn using checks, automated cash machines, and electronic debits, among other methods. Bank checking accounts typically charge a monthly fee or require a certain minimum balance or minimum transaction count; however, Members 1st checking accounts are 100% free with no monthly fees, no minimum balances, and no minimum transactions.