HOUSTON–PrimeWay Federal Credit Union has introduced a new “Good Checking Account” that has no fees, including on overdrafts, and no minimum balance.
"We've listened to our members and understand the frustration that can come with hidden fees and balance requirements," COO T.W. Jolly said in a statement. "With the Good Checking Account, we aim to eliminate those concerns and give our members a smarter, safer way to manage their money-at no cost to them."
The Key Features
According to Primeway, the key features of the new offering include:
- No Overdraft Fees. “PrimeWay ensures members won't face any unexpected charges if their account balance drops below zero,” the credit union said.
- No Minimum Balance. “Members can enjoy peace of mind knowing they aren't required to maintain a certain balance to avoid fees.”
- Free Online Banking Tools. “Track spending, set savings goals, and easily monitor your accounts using PrimeWay's intuitive digital platform.”
- PrimeWay Perks. “Access exclusive member benefits, such as low-interest rates on loans and personalized financial guidance.”