Save more. Manage better.

$0 Monthly Fee

No overdraft fees1

Get Paid Early with Direct Deposit2

Set up Direct Deposit and access your funds up to 2 days early

30,000+ Free ATMs Nationwide

Find one near you on our top-rated Mobile App3

Free ID Theft Protection

Enroll your debit card through Mastercard’s ID Theft Protection platform

Pay and Send with Ease and Security

Debit Mastercard® lets you shop with zero liability protection and Zelle® lets you send money quickly

RoundUp

Automatically grow your savings with every purchase you make

Earn rates as high as 4.00% APY4 with Money Market Plus

  • A rate that’s 4x the California average.
  • No minimum deposit or monthly fees
  • Insured up to $250,000 by the NCUA ($500,000 for joint owners)

Informa rates as of 5/21/2024 on balances of $250,000

Earn more when you save more

APY4

Dividend Rate

Minimum Balance

Checking account*

4.00% 3.93% $250,000.00 Yes
3.75% 3.69% $100,000.00 Yes
3.51% 3.45% $50,000.00 Yes
3.00% 2.96% $1.00 Yes
0.05% 0.05% $1.00 No

* Recurring monthly deposits of $500 or more to the Patelco checking account includes direct deposits, ACH transfers, Zelle, Venmo, PayPal, cash, check, or wires. Patelco to Patelco account transfers, charge backs or promotional incentive payments from Patelco are not qualified deposits.

Frequently Asked Questions

Prefer talking to someone?

Make an appointment to visit a Patelco branch near you. Or meet face-to-face online using our Virtual Branch — where you can drop in or schedule an appointment to meet virtually from the comfort of your home or office.

Schedule Appointment

1 You must enroll in Instant BackUp on your checking account to receive overdraft coverage up to $500. You’ll pay interest only on the amount you borrowed for the amount of time it’s outstanding. Talk to our Patelco team for assistance and learn more here. No overdraft fees applies to checking accounts opened after 04/05/23.

2 Early access to direct deposit funds depends on the timing of the receipt of the payment file from the payer. We generally make these funds available on the day the payment file is received up to 2 days earlier than the scheduled payment date.

3 Source: over 22,000 five-star reviews on the App Store.

4 APY=Annual Percentage Yield. Rates are effective as of 06/01/2025 and are subject to change before or after account opening without notice. Rates vary by tier and apply to the full balance.

The following variable interest rates will apply to your account balance: 4.00% APY on balances of $250,000.00 or greater, 3.75% APY on balances between $100,000.00 and $249,999.99, 3.51% APY on balances between $50,000.00 and $99,999.99, 3.00% APY on balances up to $49,999.99.

In order to attain higher interest rates the account must meet the eligibility requirements, that is a Patelco checking account (opened under the same Member Number) with a total monthly deposit of $500 or more. If the account fails to meet eligibility, the lower interest rate of 0.05% APY will be defaulted. Qualifying deposit transactions include: Payroll direct deposits, Social Security (or other government benefit) direct deposits, ACH transfers, Zelle®, Venmo, PayPal or other similar deposits, cash deposits, check deposits (except checks written from another Patelco account), wire transfers, multiple deposits (of the types listed above) that add up to at least $500 in a calendar month. Qualifying deposit transactions do not include Patelco account-to-Patelco account transfers, chargebacks or promotional incentive payments from Patelco.

For more details, read our Money Market Plus Account Overview.