Tired of Pesky Monthly Fees and Minimum Balance Requirements?
Raiz is revolutionizing banking with a free checking account that offers more competitive rates than other institutions.
Overview
Finally, you can focus on your finances and feel freedom from annoying fees and minimum balance requirements.
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Features
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Free Mastercard® Debit Card
Accepted at most retailers, this card makes spending your funds more convenient.
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No Monthly Fees
When compared to checking accounts at other institutions, ours allow you to save money without extra fees.
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Free Online and Mobile Banking
With your account balances and tools available 24/7, you can manage your money in any location.
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Person-to-person payments with Zelle®
Send or request money from anyone using their phone number or email address.
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Earn Dividends
If you have a daily balance of $2,500 or more, watch your funds grow faster.1
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And more
Rates
See today's ratesStarting at
Annual Percentage Yield2Focus on Managing Your Money Without Additional Charges
Now you can worry less about maintaining a specific balance or paying to open an account, and focus more on how you spend.
Access Your Money Wherever You are in the Nation
Now you can withdraw cash without paying a fee at more than 50,000 Allpoint ATMs across the country, so you can access your funds when you need them most.
Life is Too Short to Spend at the Checkout Stand
No more rummaging for the right card in your wallet, swiping, or inserting into a chip reader. With a simple tap of your phone, you can complete your transactions faster. Digital Wallet is compatible with Apple Pay, Google Pay, and Samsung Pay, meaning most mobile devices can make faster payments with our app.
Why Choose Raiz?
Our financial experts are some of the best, but really our motivation is you. Here is what we are doing today to reach a brighter tomorrow.
We work hard to make your money work for you. Reap the benefits of our innovative products and services that provide you with high dividend checking accounts, competitive interest on loans, and great rates on savings and retirement accounts.
Your money never sleeps, and neither do we. Raiz members have 24/7 access to digital banking and an online support chat available to help with all your banking needs.
We don’t just want to help you manage your money, we want you to thrive! Raiz provides free, award-winning online courses that cover an array of topics for every stage of your life.
Start your financial journey today.
Rising up our community is what drives us forward. We dedicate our time, funds, and resources to organizations and initiatives that are committed to making a difference.
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Apply Online
Conveniently apply for your account on your computer or phone.
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Make Initial Deposit
Deposit your initial funds to start your account's growth.
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Manage Your Account Remotely
With online and mobile banking you can quickly view and manage your balances.
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No monthly service fees regardless of direct deposit or balance in the account. Checking accounts are completely free!
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No, a Savings account must first be established before opening any other account.
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No, our checking accounts allow unlimited transactions
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You may order checks once the checking account is opened. Basic checks begin at $34.01 and prices are subject to change. Order Checks
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Checking accounts have no monthly service fees regardless of direct deposit or the balance on the account. In other words, they are entirely free!
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No, members are required to have a savings account before opening any other account.
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No, there are no transaction limits on checking accounts.
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You may order checks once the checking account is opened. Basic checks begin at $34.01 and prices are subject to change.
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An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. Please refer to the Membership and Account Agreement for a more thorough explanation of factors that determine when an overdraft occurs and when you may incur a fee for overdrawing your account.
We can cover your overdrafts in two different ways:
- We have standard overdraft practices that come with your account.
- We also offer overdraft protections plans, such as a link to another account of yours, which may be less expensive than our standard overdraft practices.
What are the standard overdraft practices that come with my account? We authorize and pay overdrafts for the following types of transactions:
- Share drafts/checks, and other transactions made using your checking account
- Automatic bill payments
- ACH transactions
We do not authorize and pay overdrafts for the following types of transactions unless you ask us to by opting-in to Courtesy Pay:
- ATM transactions
- One-time debit card transactions
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined.
What fees will I be charged if the Credit Union pays my overdraft? Under our standard overdraft practices:
- We will charge you a fee of $5.00 for transactions under $10.00 and $19.00 for transactions more than $10.00 each time we pay an ATM or debit card transaction overdraft.
Six (6) transactions are allowed per day with a max charge of $114 for overdrawing on your account. Accounts must be brought positive within 30-days and no later than 45-days. To opt-out of our standard overdraft protection for checks, automatic bill payments, and ACH transactions, please call us at 877-378-3281.
Have a question?
We’re happy to help you every step of the way!
Chat with us
Start live chatChat live with a team member who can quickly help answer your question.
Meet with us
Schedule an appointmentSchedule a virtual or phone appointment convenient for you, and let us help you get to the next financial level.
Enjoy a More Affordable, Hassle-Free Checking Experience
Raiz is here to make banking simple again with a free checking account that you can apply for in minutes.
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More Features
No Monthly Fees
When compared to checking accounts at other institutions, ours allow you to save money without extra fees.
No Minimum Balance Requirements
Worry less about your balance and focus more on how you wish to manage your funds.
Remote Deposit Capture
When you sign up for online banking, you can conveniently deposit checks digitally.
Mobile Purchasing for iOS and Android
You can use your phone to quickly make purchases at many of your favorite in-person retailers.
Card Valet
Now you can better track your card’s usage and prevent fraudulent charges from going unnoticed.
Free eStatements
You can access and review your transactions without waiting for a paper statement in the mail.
Dividends Compounded Monthly
Watch your checking account balance grow faster than checking accounts at other institutions.
Direct Deposit
Simplify getting paid with direct deposit that automatically adds your paycheck to your account every payday.
Courtesy Pay and Overdraft Service
Protect your checking account with a Courtesy Pay Overdraft Service that temporarily covers purchases from your debit card, ACH transactions, or paper checks that exceed your account balance.
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