Checking

WyHy provides easy access to your money through a variety of checking account services. All eligible accounts are insured by the National Credit Union Share Insurance Fund (NCUSIF) up to $100,000.00. Ask your WyHy Representative how to increase the insured level.

Share Draft Checking

A Share Draft Account is the Credit Unions form of a checking account. You can easily enjoy a variety of benefits with this account such as no monthly service charge, no per check fee, no minimum balance requirement, and available overdraft protection. Enhance your checking account with a variety of other convenient services such as an ATM Card, Visa Debit Card, Online Banking, Telephone Teller, Bill Pay, FREE payroll deductions/direct deposit and access to no fee CO-OP Network ATMS.

Check Imaging

Need a copy of a cleared check? Now you can print it right from your own computer. Sign on to WyHy’s Online Banking site. Under checking account history, locate the desired check then click on the check number. WyHy’s system will retrieve your check image and display it on your computer. Review it or print it for your records. This FREE and convenient feature is available to you 24/7.

Go To Top

Check 21

Effective October 28, 2004, the Check Clearing Act for the 21st Century or “Check 21” will allow financial institutions to process checks faster and more efficiently. The law permits financial institutions to replace “original” checks with substitute checks. When you request a copy of your check from WyHy, you may receive a substitute copy. With this improved efficiency, checks that once took days to process may now clear in hours. It is important to remember that these changes will significantly reduce the amount of time it takes for checks to clear your account. To better understand the effect of this law on your account, see Check 21.

Draft Path Coverage

A Draft Path provides protection against embarrassing and expensive overdrafts on your account. A simple automatic transfer in $100.00 increments from your savings, overdraft protection, or line of credit will automatically cover any overdraft provided those accounts have the available balance. (Limitations on savings withdrawals do apply.)

Courtesy Pay

WyHy Federal Credit Union offers Courtesy Pay to protect your checking account. There are no applications or signatures required. Courtesy Pay is simply a way for us to provide our Members a safe guard for their account and reputation when an inadvertent overdraft occurs. All Members who have a checking account will automatically be given a Courtesy Pay limit of $250.00. If you have a checking account that is set up to receive a Direct Deposit, you will receive a limit of $500.00, if your deposit is $.01 to $500.00. If your Direct Deposit is $500.01 and greater, you will receive a limit of $1,000.00. Your Courtesy Pay will automatically be assigned to your checking account. For specific details and restrictions see WyHy’s Courtesy Pay Policy.

Interest Bearing Checking

WyHy’s Interest Bearing Checking account allows Members to earn interest on the funds in the account.  In order to begin earning interest Members must have a minimum of $2500 in account, debit card for account and direct deposit to account.  If account balance drops below $500 there is a $5 fee.  Interest on account is compounded and paid monthly.  Interest tier is based on average balance.  The following are free with the account: Bill pay, online banking, 3 official WyHy checks, 3 money orders, 2 boxes of checks per year, notary services and coin counting. 

Go To Top