Checking Accounts


Choice Checking: If you prefer not to keep a minimum balance and do not want to pay a monthly service fee, this basic checking account is right for you.

  • No monthly service fee or minimum balance
  • ATM/Debit Card available
  • FREE online banking and bill pay
  • FREE first box of checks
  • Unlimited check writing

Classic Oak: Earn a higher investment return with our Classic Oak Account. This is a Money Market Account with checking writing abilities.**

  • No monthly fees*
  • $2,500 minimum balance
  • FREE online banking and bill pay
  • FREE first box of checks
  • Check writing abilities**
  • Dividends are calculated on the daily balance and paid monthly

Member’s Choice Checking: Get the convenience of a basic checking account and earn interest!***

  • $1000 minimum balance****
  • Dividends are paid on monthly balances
  • ATM/Debit Card available
  • FREE online banking and bill pay
  • FREE first box of checks
  • Unlimited check writing abilities

Second Chance Checking: Everyone deserves a second chance and Chaco can help you start rebuilding your financial future.*****

  • No monthly service fee or minimum balance
  • Check register education
  • FREE first box of checks
  • ATM Card available at account opening
  • Debit Card available after 90 days from account opening with a clean history

Overdraft Privilege: We know not everyone balances their checkbook to the penny. We also know there are times in all of our lives when unexpected expenses come and we wish we could just get a break to catch up. For those instances, CHACO has a solution.****** Overdraft Privilege is a service that can be used when your paycheck runs out before all the monthly bills have been paid. Rather than returning any insufficient check unpaid, CHACO will consider payment of your reasonable overdrafts up to a $500 limit (including overdraft fees.) It’s discreet and there are no loan papers to complete. Plus, Overdraft Privilege saves you money with fewer charges from retailers on returned checks. The only fees for this service are our standard overdraft fees, which will be charged for each item that would create an overdraft on your account.

* A fee is charged if a $2500 minimum balance is not maintained.
** Withdrawals must be at least $250. Deposits must be $50 or greater.
*** Rates are subject to change without notice. To qualify for an account, you must have a CHACO debit card and enroll in direct deposit.
**** If a minimum balance of $1000 is not maintained, a monthly service fee will be assessed on the last business day of the month according to CHACO’s Schedule of Fees and Charges.
***** Conditions apply. Check card feature of ATM Card will be delayed. Overdraft Protection is not available. No ATM deposit access.
****** Conditions apply. See our Overdraft Privilege Policy for more information.
All checking accounts are subject to specific disclosers in the Account Agreement. Contact CHACO for a copy of the Account Agreement.