Lennox Employees Credit Union - Share Drafts

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Share Drafts (Checking)

Lennox Employees Credit Union is proud to offer a truly free share draft  

       No minimum balance requirements
       No per draft (check) charge
       No monthly service fee
       First fifty checks free (duplicates)
       Free access to online banking
       Order drafts (checks) online

If you do not overdraw your account and you do not request a debit or ATM card  the only cost for this account is the price of your checks.  We pass that cost directly to you; we do not make a profit on your check orders.

To have a share draft (checking) account at the credit union, you must member of the credit union.

If you already have an account at the credit union and would like to add a share draft (checking) account, please contact the credit union at 641-754-4501.


DEBIT CARD

This MasterCard® debit card can be presented just like a check to make purchases or you can use it at an ATM machine to access your share (savings) and share draft (checking) account.

Use the card to pay for any purchases at a MasterCard® merchant. Buy your groceries, buy gas, pay for your department store purchase, all with the debit card.  The funds for your purchases are withdrawn from your share draft (checking) account at the credit union.

Use the card just like an ATM card at automated teller machines.  It's accepted anywhere you see the SHAZAM®, MasterCard®, or CIRRUS® logos.  You can use it to make cash withdrawals and balance inquiries.

Call the credit union at 641-754-4501 for a debit card application.

 

Lennox Employees Credit Union Debit Card Fees

Monthly Charge   ...................................................................................................................... $1.00
Per transaction at an ATM machine   .......................................................................................   $0.50
Per Transaction at a MasterCard merchant   ..............................................................................  FREE
Daily withdrawal limit at an ATM machine   .........................................................................  $200.00
Daily total withdrawal limit - ATM machine + MasterCard merchant   .................................   $500.00
Three day total withdrawal limit - ATM machine + MasterCard merchant   ......................... $1000.00
Replacement card (original card no charge)   ...........................................................................  $5.00
Non-sufficient funds fee   .......................................................................................................  $25.00
Deposits   .........................................................................................................................  IOWA only
All fees are subject to Iowa sales tax.