Services Information
Member Share Savings
Your Member Share Account at Neighbors Federal Credit Union establishes your membership/ownership, earns dividends, and gives you the opportunity to build a secure future. Establishing membership requires a minimum $5 deposit and a minimum balance of $5 to retain your membership.
- Balances over $100 earn dividends.
- Enjoy competitive rates
- Maintain and grow your savings easily through direct deposit or automatic transfers from other accounts.
- A Share account can also provide Overdraft Protection for NFCU checking accounts
- Convenient online banking 24 hours a day, 7 days a week
- Quarterly statements
| Savings (Share) Type | Min Balance to Earn APY | Dividend Rate | APY |
|---|---|---|---|
| Regular Shares Extra Saver | $100.00 | 0.10% | 0.10% |
APY = Annual Percentage Yield |
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A $6 Below Minimum fee applies if your total average monthly deposit balance is below $500 (Savings, Checking, and other deposit accounts combined). Fee does not apply to members who have an active loan or credit card with Neighbors or are under 25 years of age. Share funds federally insured by NCUA to at least $250,000.
Extra Savings
An Extra Share Savings account allows you to save money separately from your Member Share Savings account. Whether you’re saving for something specific or just a rainy day, an Extra Savers account allows you flexibility with all the benefits of a regular share account.
- Balances over $100 earn dividends.
- Enjoy competitive rates
- Maintain and grow your savings easily through direct deposit or automatic transfers from other accounts.
- An Extra Share account can also provide Overdraft Protection for NFCU checking accounts
- Convenient online banking 24 hours a day, 7 days a week
- Quarterly statements
| Savings (Share) Type | Min Balance to Earn APY | Dividend Rate | APY |
|---|---|---|---|
| Regular Shares Extra Saver | $100.00 | 0.10% | 0.10% |
APY = Annual Percentage Yield |
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A $6 Below Minimum fee applies if your total average monthly deposit balance is below $500 (Savings, Checking, and other deposit accounts combined). Fee does not apply to members who have an active loan or credit card with Neighbors or are under 25 years of age. Share funds federally insured by NCUA to at least $250,000.
Free Cash Back Checking
A totally FREE checking account that pays you for everyday purchases. With Free Cashback Checking, you can earn 5 cents for every debit card purchase.
Neighbors Free Cashback Checking Features:
- No minimum balance
- Cashback for debit card purchases
- 24/7 Online banking access
- Mobile Banking with TouchID and Remote Deposit
- Estatements
- Free nationwide branch access through the Co-op shared branching network
Cash Back offer applies to account holders enrolled in e-statements with direct deposits totaling $500 or more per month. Cash Back not offered for ATM transactions. Minimum opening deposit of $25 required. Insured by NCUA.
Classic Plus Checking
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With a Classic Plus Checking Account, members enjoy all the convenience of a traditional personal checking account PLUS the added security of identity protection, cell phone protection, roadside assistance and access to exclusive local discounts for only $4.95 a month.
- $4.95/month
- Identity Monitoring and Restoration services1
- Cell Phone Protection Plan1
- Roadside Assistance
- Prescription and Travel discounts
- Exclusive access to local retail discounts via the new Neighbors Plus app
- Free Online and Mobile Banking with Mobile Deposit
- Free Visa debit card for easy cash and/or shopping
- Free E-statements (your monthly statement by e-mail)
Minimum opening deposit of $25 required. A monthly service charge of $4.95/month for Plus benefits applies. 1Cell phone protection and personal identity protection are subject to additional terms and conditions. Insurance products are not a deposit, not federally insured, not an obligation or guaranteed by the credit union, its affiliates or any government agency. Other restrictions may apply.
Classic Checking
A Classic Checking Account is our traditional personal checking account that allows our members easy access to their funds.
- No monthly service charges or per check fees
- Free Online and Mobile Banking with Mobile Deposit
- Free Bill-Pay
- Free Visa debit card for easy cash and/or shopping
- Free E-statements (your monthly statement by e-mail)
Minimum opening deposit of $25 required. A $6 Below Minimum fee applies if your total average monthly deposit balance is below $500 (Savings, Checking, and other deposit accounts combined). Fee does not apply to members who have an active loan or credit card with Neighbors or are under 25 years of age.
Dividend Plus Checking
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With a Dividend Plus Checking Account, members who meet 4 simple qualifications enjoy all the rewards of our dividend earning checking account PLUS the added security of identity protection, cell phone protection, roadside assistance and access to exclusive local discounts for only $4.95 a month.
Qualifications for Rewards:
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| Account Benefits | |
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| Dividend Range | Dividend Rate | Annual Percentage Yield |
|---|---|---|
| $1500.00 - $15000.00 | 1.85% | 1.87% |
| over $15000.00 | 0.10% | 0.10% |
$6 service fee applied to those accounts that fall below the $1,500 minimum average daily checking account balance. Regular share rate will apply to balances over $15,000. Dividends are calculated on a daily balance method and are compounded and credited monthly. If the member fails to meet one or more of the qualifications, the member will receive only .05% dividend rate on the checking account. Fees could reduce earnings on this account. |
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*APY = Annual Percentage Yield **ATM fee refunds up to $4.99 per transaction up to $20 each month. A monthly service charge of $4.95/mo for Plus benefits applies. An additional $6 monthly service fee applies to those accounts that fall below the $1500 minimum average daily checking account balance. Minimum $25 deposit required. Fees could reduce earnings on the account. To earn the stated dividend rate and ATM fee refunds, criteria must be met each Qualification Cycle. Qualification Cycle means a period beginning the first day of the current statement cycle through the close of the current cycle. 1Cell phone protection and personal identity protection are subject to additional terms and conditions. Insurance products are not a deposit, not federally insured, not an obligation or guaranteed by the credit union, its affiliates or any government agency. Other restrictions may apply.
Dividend Checking
With a Dividend Checking Account, members who meet 4 simple qualifications enjoy all the rewards of our dividend earning checking account.
Qualifications for Rewards:
- Enroll in eStatements
- One direct deposit or automatic payment per cycle
- 10 Visa debit check card purchases per cycle
- Maintain a $1500 minimum average daily balance
Account Benefits
- Monthly dividends*
- Free nationwide ATMs**
- Free Visa debit card
- Free online banking and bill pay
- Mobile banking with mobile deposit
| Dividend Range | Dividend Rate | Annual Percentage Yield |
|---|---|---|
| $1500.00 - $15000.00 | 1.85% | 1.87% |
| over $15000.00 | 0.10% | 0.10% |
$6 service fee applied to those accounts that fall below the $1,500 minimum average daily checking account balance. Regular share rate will apply to balances over $15,000. Dividends are calculated on a daily balance method and are compounded and credited monthly. If the member fails to meet one or more of the qualifications, the member will receive only .05% dividend rate on the checking account. Fees could reduce earnings on this account. |
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*APY = Annual Percentage Yield **ATM fee refunds up to $4.99 per transaction up to $20 each month. A $6 monthly service fee applies to those accounts that fall below the $1500 minimum average daily checking account balance. Minimum $25 deposit required. Fees could reduce earnings on the account. To earn the stated dividend rate and ATM fee refunds, criteria must be met each Qualification Cycle. Qualification Cycle means a period beginning the first day of the current statement cycle through the close of the current cycle.
Mascot Plus Checking
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With a Neighbors Federal Credit Union Mascot Checking Account, you’ll enjoy the benefits of our traditional personal checking account and Neighbors will pay cash back to local schools for each debit card swipe. Plus, members enjoy the added security of identity protection, cell phone protection, roadside assistance and access to exclusive local discounts for only $4.95 a month.
- $4.95/month
- Cash back each month directly to our local schools
- Identity Monitoring and Restoration services
- Cell Phone Protection Plan
- Roadside Assistance
- Prescription and Travel discounts
- Exclusive access to local retail discounts via the new Neighbors Plus app
- Free Online and Mobile Banking with Mobile Deposit
- Free Visa debit card for easy cash and/or shopping
- Free E-statements (your monthly statement by e-mail)
Minimum opening deposit of $25 required. A monthly service charge of $4.95/month for Plus benefits applies. 1Cell phone protection and personal identity protection are subject to additional terms and conditions. Insurance products are not a deposit, not federally insured, not an obligation or guaranteed by the credit union, its affiliates or any government agency. Other restrictions may apply.
Mascot Checking
Support your schools with a Mascot Checking Account from Neighbors Federal Credit Union. Enjoy the benefits of our traditional personal checking account and Neighbors will pay cash back to local schools with each debit card swipe.
- No monthly service charges or per check fees
- Free Online and Mobile Banking with Mobile Deposit
- Free Bill-Pay
- Free Visa debit card for easy cash and/or shopping
- Free E-statements (your monthly statement by e-mail)
Minimum opening deposit of $25 required.
Money Market Accounts
Members can invest a minimum of $2,500 into a Neighbors FCU Money Market Account and enjoy a higher return on their deposit balance with no annual fee. Dividends rates are set monthly and determined by the Federal Funds rate. Dividends are tiered and are paid and compounded monthly.
Money Market Account offers you better yields with flexibility:
- Minimum balance required is $2,500
- Tiered rates at $2500, $10000, $25000 and $50000
- Free Travelers Checks, Money Orders, and Cashier Checks
- Checks for the Money Market Account are free and have the special money market design
- 6 withdrawals allowed per month with a maximum of 3 withdrawals by check
- $10 below minimum fee, $10 excessive withdrawal fee
$250 minimum withdrawal fee applies.
| Money Market Range | Dividend Rate | Annual Percentage Yield |
|---|---|---|
| $0.00 - $2499.99 | 0.00% | 0.00% |
| $2500.00 - $9999.99 | 0.20% | 0.20% |
| $10000.00 - $24999.99 | 0.30% | 0.30% |
| $25000.00 - $49999.99 | 0.40% | 0.40% |
| over $50000.00 | 0.50% | 0.50% |
Dividends are calculated on a daily balance method and are compounded and credited monthly. $2500.00 minimum balance required to earn the disclosed annual percentage yield. Fees could reduce earnings on all accounts. |
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A $6 Below Minimum fee applies if your total average monthly deposit balance is below $500 with no active loan. This fee does not apply to accounts owned by members under the age of 25 or members with a Neighbors Plus or Basic checking accounts.
Wealth Checking
- Monthly dividends for balances over $50,000.
- Mobile/online banking and bill pay
- Visa debit card.
- E statements available.
- Automatic overdraft protection available.
| Deposit Range | Dividend Rate | Annual Percentage Yield |
|---|---|---|
| $0 - $49,999.99 | 0.00% | 0.00% |
| $50,000.00 - $74,999.99 | 1.98% | 2.00% |
| $75,000.00 - $99,999.99 | 2.23% | 2.25% |
| $100,000.00 + | 2.47% | 2.50% |
$25 service fee applied to those accounts that fall below the $50,000 minimum average daily checking account balance. Fees could reduce earnings on the account. |
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$25 service fee applied to those accounts that fall below the $50,000 minimum average daily checking account balance. Fees could reduce earnings on the account. APY accurate as of .
All rates and offers subject to change
Make a quick switch with ClickSwitch
Now it’s easy to switch your direct deposits and automatic payments with ClickSwitch.
Opt-in when opening a new account, call us at 225-819-2178, or visit a branch to get started.
ClickSWITCH is an automated account-switching solution that makes it easy for you to quickly and securely switch your recurring direct deposits and automatic payments from your previous financial institution to Neighbors.
ClickSWITCH removes the hassle of contacting all of your billers and depositors to inform them of your new account information. You input your payment and direct deposit information to our secure ClickSWITCH system, submit the switch and we’ll do the rest. You can monitor the progress of your switches by clicking on the “View Existing Switches” on the home screen of your Dashboard.