Get more than just a checking, mobile banking, and overdraft protection from your financial institution. HFS is here to help you achieve your financial goals and make your life easier by providing convenient and secure account access.
Checking accounts are a convenient way to store your funds and keep track of your daily spending. This account is perfect to use as your transaction account – to pay your bills and other expenses by using your debit card, writing checks, or through ACH transactions. Set up Direct Deposit from your workplace to have your paychecks easily deposited into your account and use Online Banking to securely manage your funds, pay bills, and more.
Checking Account Features & Benefits
Here's what you get when you sign up for a Checking Account:
- Experience simplicity: no hassles, no headaches
- Unlimited check writing
- Free custom checks with Direct Deposit to your account
- HFS Visa® Debit Card
- Surcharge-free ATM access at any Bank of Hawaii ATM1
- Automate transfers from your Savings to your Checking or apply for a Line of Credit with Overdraft Protection2
- No minimum balance
- Free Mobile Deposit3
- Verify your transactions with monthly statements or with 24/7 online and mobile access
Overdraft Protection and Courtesy Pay
At HFS Federal Credit Union, we offer two types of services to our members if ever an overdraft occurs called Overdraft Protection and Courtesy Pay. Both Overdraft Protection and Courtesy Pay are designed to help prevent members from having a transaction rejected due to non-sufficient funds. Both services are optional and members do not need to have one in order to have the other.
The details on this page are meant for informational purposes only and are not intended to substitute for our Membership and Account Agreement and Overdraft Coverage document provided by the Credit Union. Members interested in the Overdraft Protection and Courtesy Pay programs should contact the Credit Union for more information. Overdraft Protection and Courtesy Pay are subject to additional fees.
More About Checking Accounts
Enhance your checking experience with these complementary Checking Account services:
- Automatic Payroll Deduction. A convenient way to automate your loan payments or monthly transfers from your paycheck.
- Direct Deposit. Electronically transfer payments from your employer or other payer directly into your HFS Checking or Savings Account, saving you the time and hassle of cashing checks.
- Express Deposit and Night Drop. Conveniently located deposit boxes available at all HFS locations to deposit checks or make payments 24/7.
- Wire Transfers. Electronically transfer money from your account to other financial institutions accounts around the world.
- Visa Debit Card. Easily access funds in your Checking Account for purchases or ATM transactions.
- CardValet® Mobile App. Take control of your Debit Card usage and spending on the go. Turn your card on or off, set transaction limits and restrictions and receive potential fraud alerts.
Ready to get an HFS Checking Account? Open your Savings Account first, then simply add a Checking for free! Complete your application online or visit your nearest branch.
Why Open a Checking Account with HFS?
When you open a checking account with HFS, you will enjoy the benefits of an account that is simple and easy to use. Getting cash at an ATM is easy when you can visit any Bank of Hawai‘i ATM, the largest network in the state. Need a debit card? We can issue a card in branch and have it in your hand and ready to use on the same day. No need to worry about a minimum balance. You can even deposit checks on the go with mobile deposit on the HFS App. Managing your finances has never been easier.
1Other fees may apply for out-of-network ATMs.
2Member must authorize Overdraft Protection, inquire with any Member Service Representative.
3Member must enroll in Online Banking and Mobile Banking to use Mobile Deposit. Standard message and data rates may apply. Check your carrier plan for details.
Membership with the Credit Union is required and open to all who live, work, worship, attend school, volunteer or participate in associations headquartered on the island of Hawaii. A minimum opening balance of $50.00 is required to open a Savings Account.
Checking Accounts Reviewsby JasonChecking service
My bank location is like a refuge. These fine people are now part of the success of my business. I am in the HFS family!by UlulanialohaService Friendly
Great updates, and you can do paperless, staff goes beyond to help the customer.by CleoPoor checking account statement
Payee is not listed for some transactions such as automatic payments.by JanetGreat products and services
I have been a member of HFS for a long time and have used many of your services and in particular your checking services. In all cases I was very satisfied with the service designs and the customer service I have received whether I was living in Hilo or on the mainland. Much Mahalo for all your servicesby ParadiseVery Quick & accodomating
Lines to take care of customers are very short and move quickly. The tellers take care of cashing my checks efficiently and give me the bills I need without a problem. They are happy to help me.by Sharon6177Great service and it's free!
HFS was recommended to me when I first moved to the Big Island and I am very satisfied with their service so I want to recommend it to others as well.by LenaGood service
Great loan provider an service, would love to see more branches openby Waimea96743Awesome Service
I do all of my business with your bank and always can get the answers I need in a timely manner.by MayangGood products
Very satisfied with products and they explain to you if u have any questions
Rates & Fees
Rates Effective as of: 03-20-2023
Checking Account Rates
Dividend Rate Annual Percentage Yield (APY) Dividend Compounded Dividends Credited Dividend Period 0.00% 0.00% Monthly Monthly Monthly (calendar)
APY= Annual Percentage Yield. The dividend rates and fees may change after the account is opened and are subject to change. Fees may reduce earnings.Rates Effective as of: 03-20-2023
Checking Account Fees
Fee Description Fee Amount Checking Account(1)(2) No minimum balance, no monthly fee ATM Inquiry or Withdraw No Charge Replacement card No Charge Overdraft(2)(3) Free with Overdraft Protection, $25.00 per item without Official Check Five free per month, per member; $1.00 per additional check Non-Sufficient Funds(2) $25.00 per item Returned Check or Item $25.00 per item Stop Payment $25.00 per item
(1)There is no fee to open an HFS Checking Account with an existing Savings Account. A minimum opening balance of $50.00 is required to open a Savings Account.
(2)Fees for overdrafts and non-sufficient funds are assessed, when applicable.
(3)Other fees may apply for out-of-network ATMs.
(4)Member must authorize Overdraft Protection. Ask any Member Service Representative to opt into this service.
Schedule of Fees and Charges- Consumer Accounts
Schedule of Fees and Charges- Business Accounts
Frequently Asked Questions
How do I open a Checking Account?
Existing members may open a Checking Account remotely by calling 930-1400 or visiting any of our six convenient locations. Our staff will get you set up and on your way in no time.
Which ATM’s can I use for free?
Members may use any Bank of Hawaii ATM surcharge-free.
Can I deposit checks with my smartphone?
Yes. With the Mobile Banking App you can manage your account, deposit checks, and more. Learn more about Mobile Deposit.
How do I order checks for my account?
To order your first set of checks, members may call 930-1400 and speak to a Member Service Representative or visit any branch.
For any recurring check orders, you may simply place your order online.
Note: Additional information needed for online orders will be your account number, the Credit Union’s routing number 321378660 and the check number you would like your new book of checks to start with.
How do I put a stop payment on a check? Is there a fee?
Stop payment requests may be done in-branch or by speaking with a Call Center Specialist by calling 930-1400. The fee for all stop payments are $25 per item.
Which checks are free?
Our custom checks are free to members with Direct Deposit.
What is Overdraft Protection?
HFS offers Overdraft Protection to qualified members as an extra line of defense for your Checking Account.
With Overdraft Protection, you’ll pay an Overdraft fee for each overdrawn transaction, but you’ll avoid the merchant’s Returned Check fee and stay in good standing with the merchant’s you do business with.
- How do I open a Checking Account?