Second Chance Checking

Financial Tools to Help You Get on Track

CU1 Early Pay

Members with direct deposit set up to a Second Chance Checking¹ account will get paid up to two days sooner²! When you can access your money sooner, you can plan and budget better. There are no special conditions to meet—you will automatically receive this benefit when you set up your direct deposit.

Open an Account

Credit Score

Take control of your credit with free tools in Digital Banking. Credit Score is available for free to all CU1 members through Digital Banking, and it is more than just a way to track your score—it offers resources and tools to help you understand what your score means and how you can take the right steps to improve or maintain it.

Open an Account

Financial Wellbeing

CU1’s Financial Wellbeing Center is a free platform designed to guide you on your unique financial journey. Take a quiz to learn your money personality, get personalized content recommendations, speak to Certified Personal Finance Experts, and more. Set up your free account in minutes.

Get Started

Budget Better

Set Up Automatic Savings

Nationwide ATM Access

Mobile Deposit

Telephone Banking

Online Bill Pay

Manage Your Second Chance Checking Account

Step 1

Open Your Account Online

You can open a Second Chance Checking¹ account in minutes with our easy-to-use online application.

Get Started

Step 2

Register for Digital Banking

Take advantage of CU1's Digital Banking tools to manage your finances anytime, anywhere. Opt-in to eStatements in order to meet the good standing requirements for your account.

Step 3

Set Up Direct Deposit

To keep your account in good standing so you can transition to a Free Checking³ or High Yield Checking⁴ account after 6 months, set up a direct deposit of at least $1,000 a month. Easily switch or set up your direct deposit in Digital Banking.

Get Started

Winning Partnerships On and Off the Court

Did you know: In a recent survey, only 53% of college students felt prepared to manage their money. So Credit Union 1 has partnered with collegiate athletic conferences to provide their student populations with valuable financial education to build a stronger financial future.

Learn More

Bank Anytime, Anywhere

Credit Union 1 Mobile Banking is a secure, convenient way to access your accounts and pay bills anytime, anywhere, using your mobile device. With CU1 Mobile Banking you will have access to:

Set Spending Limits
Real-Time Account Alerts
Track Your Spending
Card Controls

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1 Stop Financial Learning

Good financial health is a journey, with lots of learning along the way. Whether you are signing up for your first checking account or planning for retirement, Credit Union 1 wants to pass along our knowledge. Because our first love is banking, and our first priority is helping you achieve your goals.

How to Make a Budget for Beginners: A Step-By-Step Guide

A budget is a plan you make to decide how much you should spend and save based on your income. Making a budget—and sticking to it—can set you up for financial stability by helping you spend less and save more.

How to Avoid Common Checking Account Mistakes

Checking accounts are an important tool for managing day-to-day finances. So it’s important to understand how a checking account works so that you can use it effectively and ensure that you do not make any of the common mistakes that can lead to unnecessary fees. Below are a few of the most important ways you can get the most out of your checking account and manage your finances with confidence.

5 Ways Digital Banking Makes Managing Your Finances Easier

Your financial institutions are always at your fingertips, thanks to computers, smart phones, and tablets. Digital Banking makes managing your everyday finances effortless. Here are five ways you can use Digital Banking to your advantage to stay on top of your money management and work toward your larger financial goals.

All checking accounts are subject to approval. Message and data rates may apply. Check with your mobile carrier for details.

Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

^1.

Requirements to have a 2nd Chance Checking: You must (1) be enrolled in digital banking by registering for CU1’s digital banking service and create a password, (2) be enrolled in eStatements for the account in which the 2nd Chance Checking is established, (3) have minimum aggregate deposits totaling $1,000 deposited into the 2nd Chance Checking per calendar month. Deposits made to any other account or sub account belonging to the account owner, or any joint owner, will not apply to these 2nd Chance Checking requirements. If Requirements are not met, the 2nd Chance Checking account will be closed.

^2.

Early access to direct deposit funds is a free, automatic feature and depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date. Standard fraud prevention restrictions apply. If your deposit doesn't arrive early, expect it to arrive on your scheduled payday.

^3.

There is a $25 minimum deposit to open, or setup a minimum $500 direct deposit to the Free Checking account.

^4.

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rate is subject to change without notice. The rate may change after the account is opened and without notice. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compounded monthly. Dividends calculated using Average Daily Balance. Requirements to earn the current declared High Yield Checking rate on balances up to $10,000: You must (1) be enrolled in digital banking by registering for CU1’s digital banking service and create a password, (2) be enrolled in eStatements for the account in which the High Yield Checking Account is established, (3) have at least 15 CU1 Bill Pay or CU1 Visa® debit card transactions per calendar month (or a combination of the two), excluding ATM transactions, in the High Yield Checking Account, and (4) have minimum aggregate deposits totaling $1,000 deposited into the High Yield Checking per calendar month. Balances over $10,000 will earn 0.01% APY. Transactions that are pending on your High Yield Checking account and have not posted as of the end of the calendar month qualification cycle, will not count as qualifying transaction for that calendar month cycle. If Requirements are not met, balances will earn 0.01% APY. Deposits, bill pay transactions, and/or debit card transactions made to any other account or sub account belonging to the account owner, or any joint owner, will not apply to these High Yield checking requirements.

Financial Tools to Help You Get on Track

CU1 Early Pay

Credit Score

Financial Wellbeing