PowerPlus™ Checking

Packed with conveniences and benefits, you'll earn:

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2.00% APY

2.00% APY on balances up to $15,0001 and 0.01% APY on balances over $15,0001.

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ATM fee reimbursement

Unlimited monthly ATM fee refunds1.

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No minimum balance

No minimum balance requirements or monthly maintenance fees.

Simply qualify to receive these enhanced benefits with:

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Monthly Deposits

Complete at least $500 in deposits via Direct Deposit or Deposit Anywhere.

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Qualifying Transactions

Complete at least 15 of the following transactions each month: BCU debit or credit card purchases, online bill payments, ACH payments or payments to BCU loans.

Get the most from your checking account.

Financial Institution Checking Account Max APY Monthly Maintenance Fee Fee for using another ATM Monthly Refund of ATM Surcharge fees
BCU PowerPlus™ 2.00% $0 $0 Unlimited
Chase Premier Plus 0.01% $25 $2.50 per transaction after the first 4 transactions None
Wells Fargo Preferred 0.01% $15 $2.50 per transaction after the first transaction None
Bank of America Advantage Relationship 0.02% $25 $2.50 per transaction None
US Bank Platinum 0.02% $24.95 $0 None
PNC Virtual Wallet with Performance Speed 0.01% $15 $3.00 per transaction after the first 4 transactions Up to $10/month
Huntington 25 Interest Checking 0.02% $25 $3.00 None
For illustrative purposes, the above chart outlines the terms, conditions and account benefits as posted by each financial institution on their respective public website, effective July 1, 2022 and are subject to change. Where applicable, the 60061 zip code (Vernon Hills, Illinois) was used for each of the bank’s interest rates and fee schedules to compare against BCU’s PowerPlus checking account. APY = Annual Percentage Yield.

Frequently Asked Questions

  • How do I open a checking account?

    If you're already enrolled in Online Banking, log in to your account. In the menu, click Open An Account and then select Open a Checking Account and follow the prompts. If you're not enrolled in Online Banking, contact us.

  • How do I qualify for the benefits?

    You will qualify for the new interest rate and every month that you meet the following two requirements:

    Monthly deposits of at least $500 made to your PowerPlus™ Checking account via Direct Deposit or Deposit Anywhere

    Complete 15 qualifying transactions (BCU debit or credit card purchases, online bill payments, ACH payments or payments to BCU loans) per month


    Note: These are the same as the current PowerPlus Checking qualifications. E-statement enrollment will no longer be required; however, we encourage you to go paperless!

  • How many PowerPlus Checking accounts can I have?

    PowerPlus checking accounts are limited to one account per member.

  • What are the different checking account options offered by the Credit Union?

    The Credit Union offers a variety of checking account options—all with no monthly maintenance fees or minimum balance requirements:

    PowerPlus™ Checking—allows you to earn a great dividend rate on balances up to $15,0001, provides unlimited monthly ATM fee refunds and simplified monthly qualifications

    Simply Checking™—a basic account for your day-to-day transactions


    Minors over the age of 16 are eligible to open a checking account if a parent or legal guardian is listed as the joint account holder on the membership.

  • What do I need to do to take advantage of these new benefits?

    Nothing! You’ll automatically be eligible to receive the new benefits upon qualifying each month.

  • What if I don't meet the qualifications for the PowerPlus Checking interest and non-BCU ATM fee reimbursement benefits?

    If you don't meet the qualifications, don't sweat it. You won't be penalized, and will continue to enjoy no minimum balance requirements or monthly maintenance fees as well as easy access to your account.

  • What's changing with my account?

    With a qualifying PowerPlus Checking account you’ll enjoy 2.00% APY on balances up to $15,000 and 0.01% APY on the remaining balance over $15,0001. You’ll continue to enjoy no minimum account balance and no monthly account maintenance fees.

  • Will my account number change?

    All of your account information will remain the same and you can continue using your account without interruption!

  • Disclosure


    1To earn monthly dividends and unlimited reimbursements of other banks’ ATM surcharge fees, your account must meet these two monthly requirements: Monthly direct deposits totaling at least $500 into your PowerPlus Checking account and completion of at least fifteen (15) transactions that include any combination of the following: BCU Debit Card PIN, Debit Card signature, credit card purchases, Online Bill Pay or ACH payments, which apply toward the monthly requirements in the month they post to your account. Credit card transactions that post on the last day of the month will be applied toward the following month’s transaction total. Accounts not meeting all monthly requirements will not earn dividends and will not receive reimbursements of other banks’ ATM surcharge fees. Rates accurate as of 7/1/2022. The dividend rate and annual percentage yield (APY) may change at any time. Balances up to $15,000 will earn the stated higher rate and the portion of the balance over $15,000 will earn the stated lower rate. See rate sheet or website for current rates. There is no minimum balance required to earn dividends. Dividends are paid monthly and calculated based on the average daily balance method. PowerPlus Checking is available as a personal account only and is limited to one account per member.  When Opted In, if you do not have sufficient available funds in your checking account to clear a presented item, funds may automatically transfer from your savings or money market share and may count towards withdrawal limitations for that savings or money market share (Electronic funds transfers from savings and money market shares, which include overdraft transfers are limited to six per month. Each electronic funds transfer in excess of six per month is subject to a $3 excessive withdrawal fee. See Service Charges and Fees Schedule in Consumer Member Service Agreement for further details. PowerPlus™ Checking is a trademark of BCU.

Open an Account:

Current Members

Hi, friend! Log in to Digital Banking, visit a Branch or call 800-388-7000.

New Members

Welcome! Complete our online app, visit a Branch or call 800-388-7000.
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