Checking

Share Draft/Checking--It's FREE!

Our Share Draft/Checking account is your alternative to the high minimum balance requirements, checking fees, and service charges at other financial institutions. Discover how easy it is to manage your money with our full-featured checking account.

NO Minimum Balance
NO Monthly Service Charge
NO Per Check Charge
Checks Free to Seniors Over 60
Automatic Overdraft Protection from Share Account
VISA Check Card Option
On-Site Share Draft Specialist
Overdraft Protection Line of Credit Available
Various Check Designs to Choose From

Use our CU 24 VISA Debit Check Card instead of writing a check to make purchases, and at ATM Card locations to withdraw cash, verify balances, and to transfer funds between your Share Savings and Share Draft/Checking Accounts--wherever the VISA logo is displayed.

Oxford Federal Credit Union in a member of the SurF Alliance of surcharge free access to credit union ATMs across Maine! Look for the SurF Alliance logo and transact your ATM business Surcharge Free!

Click here for information on reporting lost or stolen cards.

Switching Your Checking Account is Easy!

That's right! Switching your account from a bank to Oxford Federal Credit Union is easy. We have a plan that helps reduce the hassle and stress normally associated with closing one account while opening another. Switching a checking account from a bank to OFCU brings your financial affairs under one roof, making it easy to move funds between accounts. Contact us today to find out how easy it is!

Overdraft Protection Line of Credit

Make an already great checking account even better by adding our Overdraft Protection Line of Credit. You can benefit from added security of a Line of Credit in case of an error in your checkbook or if you are in need of a short- term loan advance. When your check is presented to the Credit Union for payment, and there are insufficient funds in your checking account to cover the check, well advance you a loan against your Line of Credit so your check will clear. Our Overdraft Protection Line of Credit is Designed with YOU in mind:

Credit Limits up to $2,000

Automatic Payment Option Available

Low Fixed Annual Percentage Rate of 15%

Monthly payments are 3% of balance or $20.00, whichever is greater

Advances appear on your monthly checking account statement and payments are due by the 25^th of each month.

Overdraft Protection is a line of credit, and applicants are subject to credit approval. When overdrafts occur with your checking account, loan advances to cover the overdraft will be made in the exact amount of the overdraft. If your credit limit is exhausted, the amount of the overdraft will be transferred from your share account to cover the amount of the draft.