Not all senior checking accounts are created equal. All of them offer special perks for seniors, but many banks offer senior checking accounts with minimum balance requirements or monthly fees that cancel out the benefits. A good senior checking account will have no monthly fees or minimum balance requirements and a little something extra, like free checks, notary services or interest on your balance. Where can you find free senior checking with real perks? Your local credit union, of course.
Best senior checking for the top senior cities
We looked at the 2010 Census to see which 10 U.S. cities had the highest percentage of seniors and reviewed senior checking accounts at every credit union in the area. We admit it: we’re credit union fans, so we began our search with optimism. However, we’re also nerds, so we know how important it is to back up your speculations with real numbers. You’ll be happy to know that we found free checking accounts for seniors at credit unions in all 10 cities. Not all the accounts are just for seniors, but all of them do have super senior perks. Check them out below and get ready to be amazed.
1. Scottsdale, AZ
TruWest Credit Union – Advantage 55 Checking
TruWest Credit Union’s Advantage 55 Checking account for members 55 or better comes with all kinds of freebies: free money orders, free official checks, free travelers checks, free medical discounts and free notary service, for starters. You’ll also get a free box of customized checks each year and all the other free things you’d expect from a checking account like free online banking and bill pay, and a free debit card. Membership is open to anyone who lives, works or owns a business in Maricopa County (Arizona), or anyone who lives, works or goes to school in Travis County or Williamson County (Texas). Please see their eligibility page for a complete list of ways to qualify.
2. Clearwater, FL
Florida Central Credit Union – 50Plus Checking
As the name suggests, Florida Central Credit Union’s 50Plus Checking account is free for members 50 or better. It comes with a free box of basic checks, free travelers checks, plus free online banking and bill pay, and 24 hour telephone banking. Membership is open to anyone who lives or works in Pasco, Hillsborough, Pinellas, Polk, Manatee, Sarasota, DeSota, Charlotte, Orange or Lake counties. Family of eligible members and members of select employee groups also qualify. Please see their membership page for complete details.
3. Hialeah, FL
JetStream Federal Credit Union – Free Checking
If you’re looking for a basic, no-frills account, JetStream Federal Credit Union’s free checking account is perfect. However, if you’re 50 or better and you can maintain $10,000 in any combination of deposit accounts (savings, CD and/or IRA), you’ll qualify for the Golden Eagle account package, which includes free personalized checks, free transactions at many ATMs and higher interest rates when applicable. Membership is open to anyone who lives, works, worships or attends school in sections of Miami-Dade County in Florida, or Carolina, Trujillo Alto or San Juan in Puerto Rico. Please see their membership page for a full list of ways to qualify.
4. Surprise, AZ
First Credit Union – First Premier Checking
First Credit Union’s First Premier Checking account is free for members 60 or better when you sign up for e-statements or a regular direct deposit. It comes with free online banking, mobile banking and online bill pay, plus free official checks, free use of Coinstar coin counter machines and 3 service fees (up to $35) waived each year. You’ll even earn dividends on any balance of $1,500 or more. Membership is open to anyone who lives within a 10 mile radius of any First Credit Union branch. Please see their membership page for complete details.
5. Honolulu, HI
Hawaii State Federal Credit Union – ShareCheck Checking
Hawaii State Federal Credit Union’s ShareCheck Checking account is free for seniors 55 or better. In addition to dividends on your balance, you’ll get one standard box of checks per year, and free online banking and bill pay with check imaging. For added convenience, you’ll also get up to 20 free transactions per month at any Bank of Hawaii ATM. Membership is open to current and former employees of the State of Hawaii, the City and County of Honolulu, Maui, Hawaii and Kauai counties, family of eligible members and credit union employees.
6. Metairie, LA
Jefferson Financial Credit Union – Consumer Checking
Jefferson Financial Credit Union’s Consumer Checking account is perfect for people of all ages, seniors included. This account comes with free online banking and bill pay, plus you’ll earn interest on your balance of $5,000 or more. And, with their remote deposit service, you can deposit checks with your scanner and home computer. Membership is open to residents of Jefferson Parish, students and staff members of the Jefferson Parish Public School System, and members of select employee groups. Please see their membership page for complete details.
7. Cape Coral, FL
Suncoast Schools Federal Credit Union – Choice 55 Checking
Suncoast Schools Federal Credit Union’s Choice 55 Checking account comes with free regular checks, or a $10 discount on personalized checks, and a rewards debit card that makes it easy to support local schools. It automatically donates two cents to the Suncoast Schools Federal Credit Union Foundation with each purchase. Membership is open to employees of public and private schools, anyone who has a child in public school and members of select employees. Please see their membership eligibility page for complete details.
8. Warren, MI
Lake Trust Credit Union – SoSMART Checking
Lake Trust Credit Union’s SoSMART Checking account is free, plus it rewards you for actively using it. You’ll get whopping 2.02% APY on your balance up to $15,000 and nationwide ATM refunds up to $25 per qualification cycle. You’ll need to get e-statements, have a minimum of one direct deposit or direct payment posted and cleared per monthly qualification cycle, and make at least 15 debit card purchases each month to meet the qualifications. Your account’s still free if you don’t meet the requirements one month, so you’ve got nothing to lose and a whole lot to gain by signing up. Membership is open to anyone who lives, works, worships or attends school in any of 35 eligible Michigan counties. Please see their membership page for a complete list.
9. Independence, MO
United Consumers Credit Union – Silver VIP Checking
United Consumers Credit Union’s free senior account is open to members 55 or better and comes with free notary service, cashier’s checks, online banking and bill pay, and mobile banking. Membership is open to anyone who lives in Jackson County, Buchanan County or the city of Cameron, Missouri, or anyone who lives, works, worships or attends school in Johnson County, Kansas.
10. Miami, FL
People’s Alliance Federal Credit Union – Golden Checking
People’s Alliance Federal Credit Union’s Golden Checking account is perfect for members 55 and older. It offers all the same benefits as a free account, including free checks, and online banking and bill pay, but also earn dividends. People’s Alliance Federal Credit Union membership is open to people who live, work, worship, attend school or own a business in Miami or Hialeah, Florida. There are many other ways to qualify for membership based on where you live, work or go to school. Please see their membership page for complete details.
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