EECU - (2024)

FAQs

Does EECU have a withdrawal limit? ›

Enjoy the convenience of accessing your money day or night at any EECU or CO-OP ATM, up to $500 per day. Plus, you can use your Debit Card to make purchases and get cash back.

We may delay your ability to withdraw funds deposited by check into your account an additional number of days for these reasons: We believe a check you deposit will not be paid. You deposit checks totaling more than $5,525 on any one day. You redeposit a check that has been returned unpaid.

Aside from the initial membership deposit of $5.00, there is no minimum balance requirement in an EECU Share Savings account, but a minimum balance of $250.00 is required to start earning dividends.

Experience smarter banking at Educational Employees Credit Union (E.E.C.U.) Unlike many other types of financial institutions, we are a not-for-profit financial institution solely owned by our members.

Daily withdrawal limits typically range from $300 to $5,000 with most limits falling between $500 and $3,000. Your individual daily withdrawal limit usually resets the following day. However,be aware that, in some cases, daily limits are determined by a 24-hour period instead of a calendar day.

Transaction Limits

$2,500 for signature transactions. $2,500 for pin transactions. 15 signature transactions. $600 in ATM cash withdrawals.

Sometimes, a bank can override the hold for you. Those situations include: in an emergency, when a long hold time has been placed on the check, and when you're a customer with an established good history.

Generally, a bank must make funds deposited into an account by a government check available for withdrawal not later than the business day after the banking day on which the funds are deposited into an account held by the payee of the check and in person to an employee of the bank.

You are eligible for EECU membership if you:

Live, work, worship, or attend school in Bosque, Collin, Dallas, Denton, Ellis, Erath, Hill, Hood, Jack, Johnson, Palo Pinto, Parker, Rockwall, Somervell, Tarrant, or Wise counties.

Does Zelle work with EECU? ›

Although EECU does not offer Zelle, we want you to be aware of this scam involving financial institutions that offer Zelle.

Savings Accounts. At EECU, we offer a wide variety of share savings accounts to give you real flexibility in meeting your savings needs. Savings accounts are insured to at least $250,000 and backed by the National Credit Union Administration (NCUA) a federal agency of the United States Government.

EECU is a not-for-profit credit union, owned by our members.

Eric Hovda, CCE - Educational Employees Credit Union | LinkedIn.

If you are already using Bill Pay in Internet Banking, scheduling a payment is easy. First you select a payee from the drop-down field. Then select the payment date using the calendar tool and enter the amount. Then click the Schedule payment button to schedule a one-time payment.

The decision to place a check hold is based on several factors such as your account activity, history of frequent overdrafts, or any external information the bank may receive about the check, like if the check has been returned previously or the account it's drawn on has insufficient funds.

Any deposit received and accepted prior to 3 p.m. PST on a business day will generally be posted by 5 p.m. that day. Any deposit accepted after 3 p.m. PST on a business day and deposits confirmed received on holidays or days that are not business days will be credited to your account the following business day.

Check holds are designed to protect both you and the bank. They allow the bank time to ensure that the check deposit will go through so that you're not in danger of going into overdraft or having the check returned. That's a plus since overdraft and non-sufficient funds fees can quickly pile up.

A deposit of a large check, an out-of-state check, or a foreign check may trigger an account hold. A hold may occur when there is suspicious activity detected on the account.