Value Checking
The everyday checking account with the tools you need and the support you deserve.
Start with a $300 bonus* — and a checking account that keeps it simple
KEY BENEFITS
Simple & convenient everyday account
No monthly fee
Surcharge-free ATM access
Digital wallet ready
Early direct deposit
Why choose an OSCU Value Checking account?
Sometimes simple is all you need. Value Checking gives you the freedom to manage your money with ease, with free digital tools and access to help move you forward. You’ll pay no monthly fee — and get a $300 opening bonus* when you set up your first checking account with recurring direct deposit.
Simple everyday banking
- Free account with enrollment in eStatements
- No minimum balance requirement
- Your no-frills, everyday account (does not pay interest or offer rewards features)
If you’re looking for an account that rewards you with discounts and perks for a small monthly fee, check out our Rewards Checking account.
Always Included
Value Checking at OSCU means a free Visa® debit card packed with benefits, plus:
- Online bill pay
- eStatements
- Mobile banking, including mobile check deposit
- Early direct deposit
- Access to 33,000 surcharge-free Co-Op ATMs across the U.S. and Canada
- Phone Access Teller (PAT)
Value Checking account disclosures, rates, and fees
Just open the account of your choice, set up a recurring direct deposit, and we’ll give you $300* — plus all the benefits of a better checking experience.
College students: We have a special $300 student checking bonus offer just for you!
*It’s easy to get your $300
- Open the checking account of your choice. (Members under 18 years of age, businesses, trusts and members with existing checking accounts are not eligible for bonus.)
- Within 60 days of opening, set up a recurring direct deposit of at least $500 each month.
- Have at least 2 total direct deposits within 4 months of opening your account
- That’s it! Your $300 will be deposited into your basic savings account within the 4th calendar month of opening your account. Every Oregon State Credit Union membership comes with a free basic savings, so you’ll get immediate access to your deposited funds.
Effective date
Friday, December 19, 2025
| Account | Minimum balance to earn dividends* | Dividend Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Rewards Checking | N/A | N/A | N/A |
| Value Checking | N/A | N/A | N/A |
| TLT (Teen) Checking** | N/A | N/A | N/A |
| Platinum Checking*** | $1,000.00 | 0.05% | 0.05% |
Minimum balance required to open all checking accounts is $25.00. | |||
* Minimum balance that must be maintained each day to earn dividends. Dividends paid monthly for the days on which the balance equals or exceeds $1,000.00. ** Members under 18 require a parent or guardian as a joint signer. *** Members 55 and older qualify for Platinum Checking. | |||
Checking Account Rates
Rewards Checking
Value Checking
TLT (Teen) Checking**
Platinum Checking***
Minimum balance required to open all checking accounts is $25.00.
* Minimum balance that must be maintained each day to earn dividends. Dividends paid monthly for the days on which the balance equals or exceeds $1,000.00.
** Members under 18 require a parent or guardian as a joint signer.
*** Members 55 and older qualify for Platinum Checking.
- If you’re already a member of Oregon State Credit Union: You’ll need a one-time minimum deposit of $25 to open a Value Checking account. After your account is open, there is no minimum balance requirement and no monthly account service fee if you sign up for estatements.
- If you are not yet a member of Oregon State Credit Union, you’ll need two things:
- A one-time minimum deposit of $25 to open your Value Checking account
- A Basic Savings account with a minimum deposit of $5
All members must open a Basic Savings account and maintain a $5 minimum balance. See the table below for details or learn more about how to join Oregon State Credit Union.
| To Open | Current member | Non-member |
|---|---|---|
| One-time minimum deposit to open checking account | 25.00 | 25.00 |
| One-time membership fee | 0.00 | 0.00 |
| Basic savings account deposit | 0.00 | 5.00 |
| Total money required | 25.00 | 30.00 |
Value Checking Deposit
One-time minimum deposit to open checking account
One-time membership fee
Basic savings account deposit
Total money required
- At ATMs owned by Oregon State Credit Union, transactions are free and unlimited. Plus, our members can access their accounts at more than 33,000 ATMs nationwide through the Co-Op network. Find an ATM near you.
- At Co-Op network ATMs not owned by Oregon State Credit Union, members get six transactions per month free of charge. For seven or more transactions per month, members may be charged a $1.50 fee per transaction depending on their Member Merits category.
| Product type | Essential | Enhanced | Premier |
|---|---|---|---|
Premier, Enhanced and Essential are categories of the Member Merits program, a program that rewards members based on the member’s relationship with the credit union. Enhanced and Premier Member Merits categories enjoy reduced rates on consumer loans, increased rates on certificate account types and a reduction in account fees. | |||
| Rewards Checking | $7.00* | $7.00* | $7.00* |
| Value Checking | $0.00* | $0.00* | $0.00* |
| TLT Teen Checking | 0.00 | 0.00 | 0.00 |
| Platinum Checking | 0.00 | 0.00 | 0.00 |
| Overdraft paid (Courtesy Payment) | |||
| $10.00 or less | No fee | No fee | No fee |
| $10.01 or greater | $10.00 per presentment** | $10.00 per presentment** | $10.00 per presentment** |
| Returned Item fee (non-sufficient funds) | |||
| $10.00 or less | No fee | No fee | No fee |
| $10.01 or greater | $10.00 per presentment** | $10.00 per presentment** | $10.00 per presentment** |
* If not enrolled in eStatements, a $3 monthly fee will be applied to Value and Rewards checking accounts. This fee is waived each month if checking account is enrolled in eStatements at least one day before the last calendar day of the month ** Overdraft Paid fees are limited to a daily maximum of 5 overdraft fees per day per account. ***Returned Item fees are limited to one per day per account. We may charge a fee each time an item is submitted for payment. | |||
| Overdraft protection transfer | |||
| From savings, per transfer | No fee | No fee | No fee |
| From Visa® / PLOC, per transfer | No fee | No fee | No fee |
| Plastic card replacement | 6.00 | 6.00 | 6.00 |
| Stop payment | 25.00 | 20.00 | 10.00 |
| Check copy | 5.00 | 3.00 | 1.00 |
| Personal checks | |||
| Temporary check, per page | 2.00 | 1.00 | 0.00 |
| Check printing fee depends on the style and quantity ordered | |||
| Online account access and bill pay | 0.00 | 0.00 | 0.00 |
| Non-MICR encoded checks, per item | 0.00 | 0.00 | 0.00 |
| Mis-encoded checks, per item | 0.00 | 0.00 | 0.00 |
| Dishonored non-credit union checks written by member, per check | 30.00 | 30.00 | 30.00 |
| ATM transaction fees | |||
| Oregon State Credit Union-owned | 0.00 | 0.00 | 0.00 |
| CO-OP® network ATM transactions per month | |||
| Up to six | 0.00 | 0.00 | 0.00 |
| Seven or more | 0.00 | 0.00 | 0.00 |
| All other ATMs | 1.50 | 1.50 | 0.00 |
Checking account and ATM fees
Premier, Enhanced and Essential are categories of the Member Merits program, a program that rewards members based on the member’s relationship with the credit union. Enhanced and Premier Member Merits categories enjoy reduced rates on consumer loans, increased rates on certificate account types and a reduction in account fees.
Rewards Checking
Value Checking
TLT Teen Checking
Platinum Checking
Overdraft paid (Courtesy Payment)
$10.00 or less
$10.01 or greater
Returned Item fee (non-sufficient funds)
$10.00 or less
$10.01 or greater
* If not enrolled in eStatements, a $3 monthly fee will be applied to Value and Rewards checking accounts. This fee is waived each month if checking account is enrolled in eStatements at least one day before the last calendar day of the month
** Overdraft Paid fees are limited to a daily maximum of 5 overdraft fees per day per account.
***Returned Item fees are limited to one per day per account. We may charge a fee each time an item is submitted for payment.
Overdraft protection transfer
From savings, per transfer
From Visa® / PLOC, per transfer
Plastic card replacement
Stop payment
Check copy
Personal checks
Temporary check, per page
Check printing fee depends on the style and quantity ordered
Online account access and bill pay
Non-MICR encoded checks, per item
Mis-encoded checks, per item
Dishonored non-credit union checks written by member, per check
ATM transaction fees
Oregon State Credit Union-owned
CO-OP® network ATM transactions per month
Up to six
Seven or more
All other ATMs
- To open a Value Checking account, you must be 18 or older and have valid, government-issued identification.
- Our Teen Checking is for members 17 years old and younger and is a great option with the same benefits of a Value Checking account, including no monthly service fees. To open a Teen Checking account, teen members are required to have a parent or legal guardian as a joint owner of the account until the member reaches age 18. Learn more about Teen Checking here.
- Platinum Checking is for members age 55 and older with all the features of Value Checking plus extra benefits. Learn more about Platinum Checking here.
Tools & resources
Text banking for mobile account access
Beyond checking: OSCU credit cards open new doors
Sometimes a little extra flexibility goes a long way. Our Visa® credit card options help your money work harder.
- No annual fees, ever
- Built-in fraud monitoring
- Convenient transaction alerts for peace of mind
