Perks Checking

Free Checking – Now with Monthly Rewards

Tired of hidden fees and feeling like just another number? Penlanco FCU’s new Perks Checking gives you all the features of free checking, plus the ability to earn cash rewards, ATM fee refunds, loan discounts, and more — simply by using your account each month.

Start Earning with Perks Checking

Free Checking – With Monthly Rewards

Perks Checking includes everything you expect: no fees, no minimums, free debit card, starter checks, and powerful digital banking.

Meet three simple monthly qualifiers to earn Perks Plus and get:

$8 cash each month
ATM refunds, up to $10 per month fees
A 0.10% discount on eligible new fixed-rate loans
Complimentary replacement debit cards

Business woman, hands or counting with cash for finance, profit or salary increase at office desk. Female person, accountant or employee with paper bills, financial savings or investment at workplace

Simple to Use. Simple to Qualify.

Perks Checking rewards you for the way you already bank.

Each calendar month is a new opportunity to qualify for Perks Plus. Just stay enrolled in eStatements, receive $1,000 or more in direct deposits, and make 20 debit card transactions that post and settle during that month. When you complete all three each month, you’ll automatically earn Perks Plus status for the following month — and enjoy all the valuable rewards that come with it.

Perks Checking: Earn More Every Month

As a member-owned credit union, Penlanco FCU puts people first. That means fewer fees, more transparency, and personal services from a team that knows your community. You’re not just opening a checking account, you’re joining a financial partner committed to helping you move forward with confidence.

Member-owned means more value for you

Because Penlanco FCU is owned by its members, not investors, we return value through lower fees, better rates, and now, Perks Checking — free checking with rewards you can earn every month.

Free checking with no hidden fees

No monthly maintenance fees. No minimum balances. No surprise charges. Just straightforward checking that can unlock Perks Plus when you meet three simple monthly qualifiers.

Learn More about Perks Checking

Perks Checking Benefits

What comes with Perks Checking?
Perks Checking includes everything you expect: no fees, no minimums, free debit card, starter checks, and powerful digital banking.

Meet three simple monthly qualifiers to earn Perks Plus and get:
• $8 cash each month
• ATM refunds, up to $10 per month fees
• A 0.10% discount on eligible new fixed-rate loans
• Complimentary replacement debit cards

Digital Banking that Fits Your Life

Everything you need to bank on your schedule.
• Free online and mobile banking
• Mobile check deposit
• Bill payer
• Contactless debit card + mobile wallet ready

Need cash? Use the CU$ surcharge‑free ATM network, plus additional surcharge‑free ATMs at major gas stations throughout the area.
ATM Locator
Reorder Checks

Switching Is Easier Than You Think

Moving your checking account doesn’t have to be overwhelming.

Our Switch Kit gives you simple, step by step instructions and ready to use forms to help you move direct deposits, transfer automatic payments, and close your previous account with confidence.

If you ever need help, our Member Service team is here to guide you every step of the way.
→ Download the Switch Kit

Overdraft Services

All Penlanco FCU checking accounts include Standard Overdraft Coverage. Here’s how it works:

Checks + ACH Payments
If your checking balance isn’t enough to cover a check or ACH payment, we will:
• Transfer funds from your Share Savings (a transfer fee applies — see the Fee Schedule).
• If savings doesn’t have enough, we will use available funds from your Signature Line of Credit (if you have one).
• If no funds are available, the item may be returned and a fee will be charged.

Debit Card Purchases (Point‑of‑Sale)
With Standard Coverage, debit card transactions are declined if your checking account doesn’t have enough money — even if you have money in savings or on a Line of Credit.

Optional: Standard Overdraft Coverage Plus Opt‑In
If you are 18 or older, you may choose Standard Overdraft Coverage Plus Opt-In, which allows everyday debit card purchases to be approved even when your checking balance is too low. (Fees may apply.)

Your Money, Protected — Every Step of the Way

Your Perks Checking account comes with built‑in security features, including advanced encryption, real‑time fraud monitoring, contactless card technology, and secure digital banking tools. Because better checking should also mean better protection.

Membership comes with benefits. Perks Checking adds even more.

Your Penlanco FCU membership already includes competitive loan rates, special promotions, financial education resources, and low‑cost overdraft options. With Perks Checking, you can layer on monthly rewards and personalized support from a team dedicated to your financial well‑being.

Ready to Get Started?

Become a Penlanco FCU member or open your Perks Checking account today using our secure online forms. You can also visit us in person — just bring a valid ID showing your current address.

Become a Member

Add Perks Checking