Checking Accounts

Discover our flexible Checking Account options designed to provide easy access to your funds and convenient financial management.
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Checking Accounts

Our Checking Accounts offer versatile ways to manage your money, whether you need quick access to funds or want to simplify your everyday financial transactions.
  • Add your debit card to a digital wallet.
  • No minimum deposit required to open a Hub account.
  • Access cash worldwide.

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Checking Accounts

Icon of a personal check.
Checking Account

HUB Checking

  • Unlimited reimbursement of all ATM fees and surcharges
  • Free access to ATMs worldwide
  • No minimum balance requirements
  • No monthly service fees
To see the full table, scroll horizontally.
Minimum to Open
0.0000
50.0000
Monthly Service Fee
0.0000
10.0000
ATM Fee
0.0000
2.0000
ATM Surcharge Rebate
Unlimited
None
Person to Person Payment Fee
0.0000
2.0000
Official Check Fee
0.0000
3.0000
Stop Payment Fee
0.0000
30.0000
Free Annual Credit Report
Yes
No
Discounts on Direct <br>Federal Loan Products
Yes
No

Glossary

Federally Insured by the NCUA

The National Credit Union Share Insurance Fund was created by Congress in 1970 to insure members' deposits in federally insured credit unions. Each credit union member has at least $250,000 in total coverage. Administered by the NCUA, the Share Insurance Fund insures individual accounts up to $250,000.

Additionally, a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund also separately protects members’ IRA and KEOGH retirement accounts up to $250,000 and provides additional coverage for members’ trust accounts.

The Share Insurance Fund has the backing of the full faith and credit of the United States. Credit Union members have never lost even a penny of insured savings at a federally insured credit union.

Learn More >


Not-for-Profit

Direct Federal is a not-for-profit, meaning that earnings are invested right back into the credit union. And that means Direct Federal can offer lower loan rates and higher deposit rates that you simply won't see anywhere else.

Requirements for HUB Checking

Agree to receive your monthly statement through email (e-Statements)

AND

  • One direct deposit into your account a month
    OR
  • Five or more debit card transactions per calendar month.
    (Excludes ATM + Zelle transactions)

Well-Capitalized Financial Institution

Credit unions are among the most well-capitalized financial institutions, maintaining equity reserves and investments that prioritize needed safety and soundness for their members.


Direct Federal is no exception to this. Our conservative balance sheet management and strong capital position makes us significantly different from financial institutions in the news.

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Frequently Asked Questions

Use the search bar below to sort through our library of FAQs to learn more about a specific product, service, or process.
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Do you offer Youth Accounts?

Applicants under 18 require a joint owner on the account.

How can I check the status of an application?

If you are an existing member, the easiest way to check the status of an application is through the Application Center within Digital Banking.

Check Status as a Member >


If you are not a member, please visit our Application Status Center.

Check Application Status >

Can I request a stop payment on a check online?

You can submit a Stop Payment Request through Online Banking via Tools > Check Services.

Submit Stop Payment Request >

Do you offer foreign currency exchange?

We do not offer foreign currency exchange services at this time.

What are the HUB Checking requirements?

Agree to receive your monthly statement through email (e-Statements)
AND

  • One direct deposit into your account a month
    OR
  • Five or more debit card transactions per calendar month.
    (Excludes ATM + Zelle transactions)

Can my card be added to a digital wallet?

Yes, Direct Federal debit and credit cards can be added to Apple Pay, Google Pay, and Samsung Pay.

Are my deposits insured?

We are  federally Insured by the NCUA. The National Credit Union Share Insurance Fund  was created by Congress in 1970 to insure members' deposits in federally  insured credit unions. Each credit union member has at least $250,000 in total coverage in individual accounts.

The  Share Insurance Fund also separately protects members’ IRA accounts up to  $250,000 and provides additional coverage for members’ trust accounts.

The  Share Insurance Fund has the backing of the full faith and credit of the  United States. Credit union members have never lost even a penny of insured savings at a federally insured credit union.

I authorized a check over the phone, why do I not see the check copy?

In some cases merchants do not submit the physical check for payment.  The check is converted into an electronic check (eCheck).  This is also known as a digital version of a paper check (Image replacement Document).  eChecks use the Automatic Clearing House (ACH) to debit from a members checking account.

How do I get free checks?

You can get free checks with a Hub or Community checking account. Your initial check order is sent at the time the checking is opened. You can also reorder checks through online banking, our member service center, or in the branch.

What should I do when an unauthorized check clears my account?

Speak to a Direct Federal Member Service Representative. This can be done by visiting the branch or calling us at 781-455-6500. Once it is established that the item is unauthorized, an affidavit of forgery needs to be completed and either mailed to Direct Federal or taken into the branch for processing. Once the process is complete, the funds will be returned to your account.

Affidavit of Forgery

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community checking

Membership Means More

Empowerment and Inclusion. At Direct Federal Credit Union, we're here to support your journey to financial wellness. Membership Means More focuses on developing long-term relationships to help all members of our community gain financial education and establish savings goals.
Learn More about Membership Means More

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