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No per-draft fees, no monthly service charges
and no minimum balance penalties highlight this cornerstone
account.
You purchase the style of draft you want, and each draft comes with a
carbonless copy that duplicates the information for your personal use.
Overdraft protection is available to help cover those unexpected "short
on funds" occurrences at a minimal charge. You'll also receive
monthly statements for easy balancing.
With your Allegius Share Draft Checking Account,
you can have your entire pay deposited each payday from
your employer. This convenient feature will better help
you manage your time by not having to stand in a line
to cash your payroll check. Employer payroll deduction
is also available.
Members can pay their recurring bills through
Electronic Funds Transfers, such as mortgage payments,
insurance premiums or utilities. Income received, like
investment income and dividends from certificates of
deposits are deposited directly into this account on
the designated day they are to be received. Using a convenient
account such as this, there is no delay in receiving
or using the funds.
Debit Cards (Dual Access Cards) are available
to members who have a Share Draft Checking Account in
good standing. With a Allegius debit card, purchases and
ATM withdrawals can be made with the same card. The DAC
saves the time writing checks for purchases or showing
identification, then waiting for a merchant's representative
to approve the check.
Automated Teller Machine (ATM) cards are
available with the Regular Savings Account. Monies can
be withdrawn at thousands of ATM machines throughout
the world. When check cashing is out of the question
or just short of cash, an ATM card can help.
DAC and ATM applications are available
at all Allegius locations.
Members receive detailed monthly statements
listing transactions which have been entered on the account.
Statement transactions are dated in the order in which
they clear the account.
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