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.
Earn a $50 gift card when you open an account with Raiz!
For a limited time, you can kickstart your financial journey with us and instantly receive a $50 gift card** just for becoming a new member in December!
To qualify, you must:
- Open a Raiz savings and checking account
- Select any Raiz Spirit Debit card of your choice
- Sign up for Raiz Digital Banking
- Set up direct deposit
- Complete a minimum of 10 $20 (or more) transactions on your new Raiz Spirit Debit Card in the first two months from account opening.
- You can stop by any of our branch locations or apply on our website today to get started!
Light up the new year with a brighter financial future with Raiz.
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 ratesAs high as
Annual Percentage Yield2Our checking accounts earn you more.
Experience higher returns with Raiz Federal Credit Union's checking accounts. Earn 79% above the national average³ and watch your money grow with us. Simple banking, no gimmicks—just great rates and a team committed to your financial wins. Discover a better credit union experience today.
³ National average is reported on depositaccounts.com as of 7/19/24 and is subject to change at any time. *APY = Annual Percentage Yield. Rate is effective as of July 19, 2024 and is subject to change at any time without notice. Dividends are paid monthly. Fees may reduce earnings. Visit www.raiz.us for complete details. Competitive analysis and rates displayed are as of 7/19/24 as published on each financial institutions website.
Focus 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, low 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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Yes. Raiz has taken every precaution to ensure the security of all member information, account information, and member records through the upgraded operating system.
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Our team has been diligently configuring the upgraded operating system for approximately 18 months. Your data has been verified, balanced, tested, and reviewed to ensure accuracy.
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Post system upgrade weekend, members will receive two (2) statements. One for transactions made prior to the system upgrade weekend not including dividend information, and a second for the transactions made post-system upgrade weekend including dividend information.
The second statement will look different with an updated format. New statement format will show information for all accounts on which the member is the primary owner. Members who previously received multiple account statements will now only receive one consolidated statement.
Business accounts with an EIN (tax ID number) will continue receiving a separate monthly business account statement. Please refer to the key dates page for more information.
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No. Your existing direct deposits and/or authorized payments will continue to process without interruption. After the system upgrade is complete, you will use your new account number(s) to set up any new ACH payments or direct deposits. Please refer to the key dates page for more information.
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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3 National average is reported on depositaccounts.com as of 7/19/24 and is subject to change at any time. *APY = Annual Percentage Yield. Rate is effective as of July 19, 2024 and is subject to change at any time without notice. Dividends are paid monthly. Fees may reduce earnings. Visit www.raiz.us for complete details. Competitive analysis and rates displayed are as of 7/19/24 as published on each financial institutions website.
** Must meet membership eligibility criteria. Minimum of $5 is required to open up your savings (share) account at Raiz. Promotion is applicable for new accounts only. New accounts must include a savings account, checking account, Spirit Debit Card, and digital banking with direct deposit. New members must also complete at least 10 transactions of $20 or more on their selected Raiz Spirit Debit Card in the first two months of account opening. Promotion ends December 31, 2024. $50 gift card will be provided at time of account opening. Accounts opened online with the above criteria will receive a $50 digital gift card sent to the email address associated with the digital banking account within 14 days of account opening. Members opening new accounts must be 18 years or older in order to receive $50 gift card. To learn more about Raiz Federal Credit Union and our products and services, visit www.raiz.us. Federally insured by NCUA.
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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