Checking Accounts

Becoming a member of MCU is easy. There are no hoops to jump through and no tricky terms and conditions. The only eligibility requirement for membership is living or working in our field of membership and having a par value of $5 in your savings account. Par value means “stated face value” and is similar to a minimum balance.

Yes, you can open an account with Marine Credit Union online. Online account opening is quick and easy with just 3 simple steps:

1. Choose your checking account. There are no hoops to jump through. All you need to become a member of Marine Credit Union is a minimum balance of $5.
2. Tell us a little about yourself. We’ll ask some questions about who you are and where you live. You’ll also have the option to add someone to your account.
3. Fund your account. You can make your first deposit using a debit card, credit card, or a transfer from another bank account.

Open your account today. Plus, check out our in-depth guide, [What to Expect When Opening a Checking Account.]

When opening your account, you have the choice to pick it up at your local branch or have your debit card mailed to you. Please make sure to deposit money into your checking account prior to using your debit card. We recommend $20 to get started. To fund your account, visit a branch/ATM, call 800-923-7280 or go to online banking.

The [Setup Your Direct Deposit] widget is a tool that simplifies the process of switching your direct deposit to Marine Credit Union. It helps you complete the switch easily and without providing account numbers.

1. Log into Online Banking or the mobile app.
2. Under Transfer & Pay select Setup Your Direct Deposit (On the app, first choose More).
3. Follow the steps to complete the switch.

From there, MCU ensures your account is connected with your employer and service providers.

My Payday is a feature that allows you to get paid up to two days before your official pay date.

Your account must be open for 30 days to use My Payday. After 30 days, you will be automatically enrolled in My Payday.

To take advantage of My Payday, you must be enrolled in direct deposit from your employer. When we receive notice from your employer that your paycheck is on the way, we reduce the processing time to release your money as early as possible. You can turn the My Payday feature on and off as you need it, like when unexpected expenses pop up.

The timing of the availability of your funds depends on when we receive notice from your employer and is not guaranteed. Reasons you may not receive your deposit early include: your direct deposit was set up too recently, your deposit type is not eligible (such as bank-to-bank transfer), or there is a payroll issue with your employer.

We know accidents happen. Marine has a few lines of defense in case you overdraft your checking account:

1. Free overdraft protection with linked accounts. Link your Marine Credit Union checking and savings accounts and get free transfers to protect against overdraft fees. In the event of an overdraft, MCU will automatically transfer funds from your savings account to cover the transaction in increments of $100. To opt in to Overdraft Protection, log in to the Mobile App or Online Banking. On the Mobile App, choose More, then Account Services, then Overdraft Protection. In Online Banking select Account Services, then Overdraft Protection.
2. My Grace Zone. My Grace Zone is a free service available for qualified members in My Prize Checking and My Relationship Checking that covers an overdraft up to $50. The service will automatically cover ACH and check transactions that take your account below $0 up to $50 with no fee. To allow your debit card to go below $0, opt-in for Reg E (a federal regulation that protects members against fraudulent and incorrect electronic fund transfers). In the event of an overdraft on your debit card, Marine Credit Union will cover the transaction, up to $50, without charging a fee. Learn more about My Grace Zone. To opt-in to Reg E, log into Digital Banking, go to Account Services and then Overdraft for Card.
3. Overdraft Privilege. If you choose not to link accounts, Overdraft Privilege allows Marine Credit Union to pick up the tab if an overdraft takes your account negative by more than $50. MCU will cover the transaction for an overdraft fee of $35 per instance, with a maximum of six charges per day. Note: Overdraft Privilege on your debit card requires you to opt-in to Reg E to allow us to cover an overdraft. If you choose not to opt-in on your debit card, any charge that has insufficient funds will be declined and you could be subject to insufficient funds fees. To opt-in to Reg E, log into Digital Banking, go to Account Services, and then Overdraft for Card.

Note: The amount MCU covers is in accordance with your overdraft limits, which are based on deposit and repayment history and can fluctuate along with changes to your account or status. An overdraft can be a check or ACH that takes your account negative if you are not opted into Reg E, or it can be a check, ACH, or debit card charge that takes your account negative if you ARE opted into Reg E. The amount available to you can be found in Digital Banking under Account Details.