Financial Independence



Getting Started on Your Own

At last! You’re getting started on your own and achieving the independence you’ve always desired. Whether you just graduated from high school, college, began a new job or just found yourself on your own again, you’ve come to the right place. FedChoice Federal Credit Union is here to help you achieve financial independence.

How can you help me manage my money?

If you don’t have a checking or savings account already, that’s the first thing you’ll want to do. By opening a Main Share Savings Account, your membership is established and you get a share in the credit union.

You also benefit from our competitive savings rates. Check our rates for yourself.

With our new checking account options, you can bank on earning cash back or rewards on just about anything—from cable bills and groceries to home repairs and gas. When you make 15+ purchases a month using your FedChoice debit card, you can enjoy all the benefits our upgraded checking accounts have to offer. Why settle for standard checking when you can put your money to work for you? You may choose Cash Back CheckingHigh Yield Checking or simply open a FedChoice Debit Account.* With any of these accounts, you get a Visa® Debit Card that gives you 24-hour access to your account at more than 60,000 surcharge-free ATMs worldwide.

Can I deposit my paycheck electronically?

Absolutely! In fact, our direct deposit service is the safest way to deposit your paycheck because it is sent directly from your employer into your checking or savings account electronically.

Can I manage my money and pay bills online?

Yes. The most convenient way to manage your money is to use eBanking. It’s available 24/7 so you can make transfers and payments on your FedChoice Accounts, check balances, pay bills and much more.**

What credit cards do you offer? And what are the rates?

With no annual fees, no balance transfer fees, and no transaction fees, you can enjoy the convenience of our Visa® Gold Card. And if you're interested in being rewarded for your credit card purchases, our Visa Platinum credit card might be the one you choose.

Don’t have a credit history yet to qualify for a credit card? No problem, our Share Secured Visa® Card has a low variable rate and is secured by your savings account.

To view all of our credit card rates, click here.

What if I need a car loan or a home equity loan?

Whether you need a vehicle loan, a mortgage loan or even a home equity line-of-credit (HELOC), we can help. We provide the absolute best service and competitive rates for our members who want to get started on their own.

What if I need insurance?

FedChoice is here to help! You can rest assured knowing you’re protected with our insurance programs whether it’s Accident Insurance, Term Life Insurance, Whole Life Insurance, Disability Income Insurance, Critical Illness Insurance, Debt Protection, Mechanical Breakdown Protection (MBP), GAP Insurance and TruStage Insurance. Chances are we have the insurance protection service you need. Click here for details.

How can FedChoice help me manage my investments?

FedChoice offers several long-range savings plans and retirement plans. It’s never too late to begin saving and FedChoice makes it easy. And waiting to save can cost you a lot of money later. Just waiting 2 years to save $200 per month could cost you $8,134. Check it out and see for yourself. To see how much you’ll need to save for your golden years, go to our Retirement Income Calculator. For more guidance to help you save, use our Retirement Planner.

Fortunately, we have competitive deposit rates on money market accounts and share certificates to help you save. Plus, we offer a wide variety of IRAs so your earnings can grow tax-deferred.

Check out all our savings and investment rates so you can see how you’ll benefit.

* With the FedChoice Cash Back Checking Account and Debit Account, you may receive up to .50% cash back ($25.00 maximum) during each monthly qualification cycle when you complete 15+ debit card purchases. For the High Yield Checking Account, you may earn 3.00% APY on balances up to $10,000 when you use your debit card to complete 15+ purchases, spending at least $500.00 during a monthly qualification cycle. Refer to the FedChoice Membership and Account Agreement, which is posted on our website, for details regarding the account activity requirements.

** With the FedChoice Debit Account, there are specific restrictions regarding deposits and online services. Refer to the FedChoice Membership and Account Agreement, which is posted to our website, to learn more about this account.