Basic Checking

Keeping checking simple

Our Basic Checking account is our most popular option and there are plenty of reasons why! Stanford FCU is a not-for-profit financial cooperative and, as a result, we return more fee-FREE benefits to our members. That’s why members enjoy the ease and convenience of truly FREE checking with NO monthly fees, NO hidden fees, NO minimum balance requirement and access to over 30,000 fee-FREE CO-OP® ATMs worldwide.


Checking Education

Learn the financial basics about checking accounts with these online learning modules.


  • NO minimum balance requirement
  • NO below minimum fee
  • Mobile and Online Banking
  • Pay A Friend – send and receive money easily!
  • Visa® Debit Card issued in-branch
  • Set up your Debit Card in CardSwap—available in Online and Mobile Banking, to easily add and update your recurring charges for services like Uber, Lyft, Apple, Google, Netflix, Venmo, Doordash and more
  • Apple Pay, Samsung Pay and Google Pay — available with your credit and debit cards. Learn more.
  • NO foreign transaction fees on International ATM or debit card purchases — a big savings compared to banks!
  • Access to 30,000 fee-FREE CO-OP ATMs Worldwide
  • ATM surcharge reimbursements for non-CO-OP ATMs worldwide with Membership Rewards
  • Fraud Text Alerts


Set Up Your Mobile Wallet

Set Up Your Mobile Wallet

Mobile Wallets are no longer the wave of the future. They’re an everyday payment option.

Get started today:

  1. Set up your Mobile Wallet. Choose the option (Apple Pay, Samsung Pay, Google Pay) that is compatible with your mobile device. Download the appropriate app and follow the installation instructions.
  2. Make a Contactless Purchase. Wherever you see the contactless symbol, you can use your mobile wallet. Select the Stanford FCU payment card within your mobile device and either tap or hover your device over the merchant card reader to activate the transaction.

Enjoy all the benefits of your Stanford FCU Visa debit or credit cards using Mobile Wallets.


Learn More

Compare Stanford FCU with Banks – As of June 2018

Stanford FCU
Basic Checking
Wells Fargo
Everyday Checking
Bank of America
Core Checking
Minimum Balance Fee NONE $101 $121
Minimum Balance NONE $1,500 minimum daily balance or
$500 monthly direct deposit or 10+ debit card purchases
to avoid $10 monthly fee.
$1,500 minimum daily balance or
$250 monthly direct deposit
to avoid $12 monthly fee.
Overdraft Protection Transfer FREE Unlimited2 $12.50 per transfer3 $12 per day4
Interest Earning No No No
Fee-FREE ATMs 30,000 13,000 16,000
Instant Issue Visa Debit Card Yes Yes (temporary for 30 days) No
Foreign Transaction Fee NONE5 3% of U.S. amount 3% of U.S. amount
Incoming Domestic Wire Fee NONE $15 $15
Incoming International Wire Fee NONE $16 $16
Opening Deposit None6 $25 $25
Overdraft and NSF Fees $20 $35 $35
Stop Payment Fee $20 $31 $30

See Rates


No Hidden Fees

We don’t believe you should have to pay extra just to use basic banking services. We have the checking account that fits your lifestyle without any hidden fees, allowing you to do more and bank less.

Below Minimum Fee NONE Non-Sufficient Funds
(ACH or Check)
Debit Card Foreign
Transaction Fee
NONE Overdraft Protection
(ACH or Check)
Incoming Wire Fee
(Domestic and International)
NONE Stop Payment Fee $20
Overdraft Protection
Transfer Fee
NONE Outgoing Domestic
Wire Fee
ATM Access Charge for
Non-Stanford FCU ATM
NONE Outgoing International
Wire Fee
Inactivity/Dormant Fee
(12 consecutive months of inactivity)


Many of our fees are discounted or waived with Membership Rewards.

See Fee Schedule

Membership Rewards

As a true not-for-profit financial cooperative, the more our member-owners use the services of their credit union, the stronger we become—and the more low cost services we can provide. That’s the basis of our Membership Rewards program—the more services you use, the more benefits you’ll receive! Whether you are a borrower, saver or both, you will receive extra benefits when you take advantage of the many great products and services at Stanford FCU. Move all of your financial services to Stanford FCU and easily reach the highest level of Membership Rewards. It’s easy to switch and we can help!

You’ll enjoy exclusive benefits like bonus deposit yields and loan rate discounts, unlimited surcharge-FREE ATMs worldwide and more based on your Membership Rewards level—so why stand for anything less? Make the most out of your banking experience with Membership Rewards.

Partner Ambassador
FREE Access to ATMs Worldwide Surcharge reimbursements for ATMS outside our ATM networks* Yes, 3 per month Yes, unlimited*
FREE access 30,000 CO-OP ATMs and 6,000 CO-OP Shared Branches Yes Yes
Certificate Bonus Rate Yes Yes
Money Market Account Bonus Rates No Yes
Premier Checking Bonus Rate No Yes
Discount on Auto Loan Rate 0.50% APR Discount 1.00% APR Discount
Stanford FCU Mortgage Fees Waived** No Yes
Fee Refunds:
Below Minimum Balance Fees 50% 100%
Stop Payment Fee 50% 100%
Outgoing Wire Fees 50% 100%
Select Service Charges 50% 100%

Learn more about
Membership Rewards

* Maximum ATM surcharge reimbursement is $5 per ATM transaction.
** Third-party fees still apply.


Comparison information was obtained June 2018 via website research. Information is subject to change. 1. Fee waived when specific criteria is met. 2. Transfer from SFCU savings. Overdraft protection also available from an SFCU line-of-credit. 3. Transfer from a linked WFB savings account or line of credit. 4. Overdraft protection from a linked savings account or Bank of America credit card. 5. SFCU does not charge foreign transaction fees on debit and credit card transactions, but other financial institutions or merchants may. 6. All members are required to have a $5 membership share balance in any of the following accounts: Checking Account, Savings Account, Money Market Account, Share Certificate or Individual Retirement Account.
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