Member 4 Life

Better banking for students

Switch to an account that saves you money!

Simply free Student Checking

  • no monthly minimums or fees
  • no overdraft or wire fees
  • no foreign transaction fees
  • no direct deposit required
Free ATMs

Free unlimited worldwide ATMs

  • use any ATM in the world for free
  • if it’s not in our network, we’ll reimburse the fee—it’s that easy

We’ve got the perks

Smart money

Get smart about money

  • learn about budgeting, checking accounts and building credit through online modules at your own pace
  • on-campus free seminars
  • free one-on-one financial counseling
Banking for the people

Stanford Federal Credit Union—banking for the people

  • mission driven, started by Stanford University employees
  • not-for-profit and owned by our members
  • members elect volunteer Board of Directors
  • you have a vote and a voice, watch the Credit Union Difference video:


Switching is easy, free, and takes less than 3 minutes!

Open Account


Questions? Contact your Personal Banker

Juan Vargas

Juan Vargas

Set a Phone Appointment with Me

Simply Free Student Checking vs. Banks

As of June 27, 2018

Stanford FCU

Student Checking

Bank of America

Core Checking

Wells Fargo

Everyday Checking®

Monthly Fee NONE $121 $101
Use Any ATM in the World FREE Minimum $2.50 Fee Minimum $2.50 Fee
Instant Issue Visa Debit Card YES
(permanent card)
(temporary for 30 days)
Branches on Campus 3 NONE 1
Wire Fee NONE $15 / $16 $15 / $16
Debit & Credit Card
Foreign Transaction Fee
NONE2 3% of U.S. amount 3% of U.S. amount
Opening Deposit NONE3 $25 $25
Overdraft & NSF Fees NONE $35 $35
Stop Payment Fee NONE $30 $31
Send money from your checking account
to just about anyone (or receive it)
YES – Use Pay A Friend or link your card to Venmo! YES YES
Overdraft Protection Transfer FREE Unlimited $12 per day4 $12.50 per transfer5

Comparison information obtained June 2018 via respective bank websites. Information is subject to change.1 Fee waived when specific criteria are met or you are under 24 years old and enrolled in school. 2 SFCU does not charge foreign transaction fees on Debit and Credit Card Transactions, but other financial institutions or merchants may. 3 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. SFCU will deposit the $5 for students. 4 Overdraft protection from a linked Bank of America savings account or line of credit. 5 Transfer from a linked WFB savings account. Overdraft protection also available from a Wells Fargo Visa. Note: Please refer to the Truth in Savings Disclosures and Truth in Lending Disclosures of the respective financial institutions for additional details.

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