Checking & Savings
Checking Accounts
Golden Valley FCU offers a variety of checking accounts to fit your individual needs
- Monthly fee = $2
- FEE-FREE cash withdrawals at 30,000 CO-OP® ATMs nationwide, including 7-Eleven ATMs
- FREE Visa® Debit Card
- FREE Online Banking
- FREE Online Bill Pay, if used at least once per month
- FREE Mobile Banking
- Online check orders
Golden Premier Checking
for the Saver
You must maintain a combined average monthly balance of $5,000 in savings, Certificate or IRA account.
- NO monthly fee
- NO minimum checking account balance required
- FEE-FREE cash withdrawals at 30,000 CO-OP® ATMs nationwide, including 7-Eleven ATMs
- FREE Visa® Debit Card
- FREE Online Banking
- FREE Online Bill Pay, if used at least once per month
- FREE Mobile Banking
- Online check orders
- FREE Golden Valley FCU logo checks (one box per year)
- FREE teller checks (one per month)
Golden Classic Checking
for the
Young at Heart
Set yourself FREE—with lots of freebies and no hidden fees when you maintain a monthly direct deposit. For our members 55+, this specialized checking account offers:
- NO monthly fee
- NO minimum checking account balance required
- FEE-FREE cash withdrawals at 30,000 CO-OP® nationwide,
including 7-Eleven ATMs - FREE Visa® Debit Card
- FREE Online Banking
- FREE Online Bill Pay, if used at least once per month
- FREE Mobile Banking
- Online check orders
- FREE Golden Valley FCU logo checks
(one box per year) - FREE teller checks (one per month)
DBA Checking
for
Business
Additional documentation is required for businesses
- Monthly Fee = $15
- FEE-FREE cash withdrawals at 30,000 CO-OP® ATMs nationwide, including 7-Eleven ATMs
- FREE Visa® Debit Card
- FREE Online Banking
- FREE Online Bill Pay, if used at least once per month
- FREE Mobile Banking
- Online check orders
Second Chance Checking
for
Those who need it
This account is designed for those who need to re-establish their credit. The advantages of this account are the same as most of our checking accounts, but require the following:
- $50 required minimum balance
- Monthly fee = $10
- NO fraud/ illegal activity on ChexSystems
- Converted to Basic Checking at 12 months with positive checking experience.
- 3+ NSFs monthly = Account Closure
- FEE-FREE cash withdrawals at 30,000 CO-OP® ATMs nationwide, including 7-Eleven ATMs
- FREE Visa® Debit Card
- FREE Online Banking
- FREE Online Bill Pay, if used at least once per month
- FREE Mobile Banking
- Online check orders
Teen Checking
for
Their first intro
The Perfect Account to Teach Teens about Money Management
- For youth ages 15-18
- Parent or legal guardian required as joint owner
- NO monthly fee
- NO minimum balance
- FEE-FREE cash withdrawals at 30,000 CO-OP® ATMs nationwide, including 7-Eleven ATMs
- FREE Visa® Debit Card
- FREE Online Banking
- FREE Online Bill Pay, if used at least once per month
- FREE Mobile Banking
- Online check orders
Visa® Debit Card
Members with checking accounts may apply for this amazingly convenient service, which allows you to use your Visa Debit Card worldwide wherever Visa is accepted. The funds will be debited directly from your checking account.
Fee-FREE ATM Access at Over 30,000 ATMs Nationwide
- FEE-FREE cash withdrawals at 30,000 CO-OP® ATMs nationwide, including 7-Eleven ATMs
Golden Valley FCU’s Visa Debit Card practically eliminates the need to carry a checkbook. Here’s why:
- No monthly maintenance fee
- No finance charges
- No transaction fee for purchases*
- Accepted at merchants worldwide
* Some merchants may charge a Point of Sale (POS) fee.
Direct Deposit and
Payroll Deduction
Instant Paycheck Gratification
If your employer offers Direct Deposit, you may have your net paycheck automatically deposited into your Golden Valley FCU Account. No lines, no waiting—just instant money in your account. Similarly, if your company offers Payroll Deduction, you can have loan payments or other deductions from your paycheck sent directly to Golden Valley FCU.
For more details on how to sign up,
please call (209) 825-5878.
Golden Valley FCU Savings
It Pays to Save
at Golden Valley FCU!
Golden Valley makes it easy to open a Savings Account and we always pay the most competitive interest rates.
Regular Saving Account
- Competitive dividends compounded and paid quarterly on balances above $200
- See current rates (link to savings rates)
Youth Accounts (for ages 0-18)
- NO monthly fee
- Minimum balance = $20
- Competitive dividends compounded and paid quarterly on balances above $200
- Rolled coins = No fee
- Gifts provided for deposits for kids up to age 11
- Visa® Card w/co-signer for youth over 18
- Incentives for semester grades deposited to Youth Account:
K-3rd Grade
Excellent = $2
Satisfactory = $1
4th-12th Grade
A or A- = $5
B or B- = $2
College Students
AA with 3.0 GPA = $100
BA or BS with 3.0 GPA = $150
Christmas Club or Other Special
Purpose Savings
- Minimum balance = $10
Share Certificates
- Minimum deposit = $500
- Terms from 6-36 months
- Insured up to $250,000 by NCUA
IRAs
Putting the “Individual “
in Individual Retirement Account
Golden Valley FCU is pleased to offer different types of IRAs, specifically designed to make your retirement dreams come true.
The common benefits of all our IRAs are:
- No monthly fees
- Flexibility – Contributions may be made in lump sums or by regular deposits to the IRA Share throughout the year
- Dividends are paid monthly
- Terms ranging from 3 to 36 months
Traditional IRA
The Traditional IRA allows you to defer taxes on your contributions and earnings until the funds are withdrawn, and there is no minimum balance required to open it. There are maximum annual contribution per individual per year, which can change yearly. Be sure to check with your tax advisor to determine current contribution limits. Once you reach age 73, you are required to begin taking distributions.
Roth IRA
The Roth IRA has a number of benefits a Traditional IRA does not have, depending upon your retirement needs. The Roth IRA features tax-free withdrawals for certain reasons after the five-year holding period. Roth IRA contributions are not deductible (they’re taxed the year they’re earned), so members who expect to be in a higher tax bracket when they retire may find greater benefit in a Roth IRA. There are maximum annual contributions per individual per year, which can change yearly. Roth IRAs do not require withdrawals until after the death of the owner, but they do have required minimum distributions (RMDs). Be sure to check with your tax advisor to determine current contribution limits and RMDs.
IRA Certificates
IRA Certificates allow members with higher balances to earn higher dividends. These IRAs are available with a minimum deposit of $500. Certificate terms range from 3 to 36 months.
All IRA accounts are insured up to $250,000 by the NCUA.
Golden Valley FCU recommends consulting your tax advisor for complete IRS guidelines and rules regarding the tax-deductibility of all IRAs.
