LifePlus Checking

Simple, Straightforward Checking

Our LifePlus Checking account offers fewer fees and better features.

LifePlus Checking account offers:

  • Dividend earnings (based on balance)
  • Free Visa® Debit Card
  • Free Bill Pay, Mobile and Online Banking
  • Same Day Direct Deposit
  • eStatements
  • Unlimited Teller Access
  • Overdraft Privilege (ODP)1
  • Access to over 25,000 ATMs nationwide through Co-Op Network®

Skip the Fees

With our LifePlus Checking account, you not only have the option to earn dividends, there are also three ways you can avoid monthly maintenance fees:

  1. Maintain or establish a monthly direct depost.
  2. Make 10 or more debit card purchases each month.
  3. Maintain an average daily balance of $500.

Making life affordable is what we do best. Spend less and earn more with our new LifePlus Checking account.

1An overdrawn balance must be repaid within 32 days. We may not pay items under your Overdraft Privilege if you do not maintain your account in good standing by bringing your account to a positive balance within every thirty-two (32) day period for a minimum of one business day, if you default on any loan or other obligation to Chartway Federal Credit Union or if your account is subject to any legal or administrative order or levy.

ATM/Debit Card

Use your Visa Debit Card for purchases and ATM transactions.

Purchases

Visa Debit Card purchases come directly out of your checking account and Visa’s Zero Liability* coverage protects you when you sign for your purchase.

ATMs

From Chartway’s own ATMs to the CO-OP nationwide network of ATM machines, you’ll be able to use your card anywhere. Check the ATM Locator for a machine near you.

*Visa’s Zero Liability

Zero Liability covers U.S.-issued cards only. Does not apply to ATM transactions, certain commercial card transactions, PIN or other transactions not processed by Visa. You must notify us immediately of any unauthorized use. For specific restrictions, limitations and other details, please visit USA.Visa.com.

Overdraft Coverage

When it comes to overdraft coverage, you have options.

At Chartway, we have several options to help you prevent and cover overdrafts. We have three forms of overdraft coverage available for your LifePlus Checking account:

Overdraft Privilege

Chartway offers Overdraft Privilege coverage in two amounts: $750 with an active direct deposit on your LifePlus Checking account and $500 without an active direct deposit on your LifePlus Checking account.

Overdraft Privilege allows you to overdraw your account up to an established limit for a fee in order to pay a transaction. Even if you use an overdraft transfer or an overdraft line-of-credit, Overdraft Privilege is still available as secondary coverage. If you use Overdraft Privilege, we will charge a $30 fee each time we pay an overdraft. Our standard Overdraft Privilege covers checks, bill payments, ACH (automatic debits), teller transactions, recurring debit card transactions, and telephone and internet banking transactions on your LifePlus Checking account.

Line-of-Credit

Link your line-of-credit to your LifePlus Checking account to cover your overdrafts caused by any type of transaction. There are no transfer fees, and the funds become available again as soon as you pay down your balance. Personal lines of credit are subject to interest and credit approval.

Overdraft Transfer

Your savings or money market accounts can serve as a form of overdraft protection for your LifePlus Checking account. In the event of an overdraft caused by any type of transaction, funds will automatically transfer to your checking account from your linked account at the credit union to cover the transaction. The fee for each transfer is $6.00.

Woman online shopping

Questions about Overdraft Privilege? Review our Overdraft Coverage Brochure, which explains everything you need to know.

Extend your Overdraft Privilege Coverage to include everyday debit card transactions.

Would you like to extend your Overdraft Privilege coverage on your LifePlus Checking account to include your everyday debit card transactions? If so, you can extend your coverage today by completing the online consent form at odp.chartway.com

An overdrawn balance must be repaid within 32 days. We may not pay items under your Overdraft Privilege if you do not maintain your account in good standing by bringing your account to a positive balance within every thirty-two (32) day period for a minimum of one business day, if you default on any loan or other obligation to Chartway Federal Credit Union or if your account is subject to any legal or administrative order or levy.

Make the Switch to Chartway

Switching your checking account to Chartway is as easy as 1-2-3!

1. Open your new Chartway account

Take care of your new account first, and it’ll be a smooth move from your old one.

  • Call — We can open your new account over the phone. Give us a call at (800) 678-8765 and we'll take care of it!
  • Click — It's easy and quick to open your account online. Our system will walk you through each step.
  • Visit — Stop by your neighborhood Chartway branch. We'd love to see you and open your new account!

2. Set up Direct Deposit

No more paper paychecks! With direct deposit, your money goes right into your Chartway account! Provide your employer with your new Chartway account number and routing number.

If you are a Federal employee, including military, start with Sign-Up Form 1199A. If you're employed at a private company, contact your payroll or Human Resources department to get things started.

3. Close your old checking account

Redirect your automatic payments/debits to your new Chartway account. Don't forget loan payments, insurance premium payments, utility payments, membership dues, donations, and any other recurring debits to your account.

Let your outstanding checks clear from your old account. 

Once all activity has been phased out, contact your prior financial institution, and request that the account be closed.