FAQ: Checking > Checking with Dividends

• What if my balance drops below $1,000?

  If your balance falls below $1,000, you will be subject to a $5 monthly maintenance fee. However, you will still continue earning dividends on the balance in your account.

• Can I transfer funds between Wright-Patt Credit Union and other financial institutions?

  You may arrange to have funds sent from another financial institution to your personal account at Wright-Patt, or we can send funds to your account at another financial institution. Business accounts are not eligible for this type of transaction.

  Exclusions include:

  • Credit Card Payments (contact the credit card company directly to arrange the transaction)
  • Mortgage Payments (contact Mortgage company to arrange the transaction)
  • Utility Payments (contact Utility company to arrange the transaction)

  To set up a transfer, the following is required:

  • Your name must be on both the receiving and sending accounts
  • You must have the exact account number in ACH format for the other financial institution.
  • You must have the exact Routing number for the other financial institution (not the same as a wire number)
  • You must specify the type of account at the other financial institution: savings, checking, or loan

  Transfers normally take 2 business days.

  NOTE: If you are unable to visit a Member Center, please call our Member Help Center at (800) 762-0047 or (937) 912-7000. If your request cannot be processed by phone, we will mail the paperwork to you.

• Are my deposits insured?

  Yes – your deposits at Wright-Patt Credit Union are federally insured up to a total of $250,000 per ownership interest by the National Credit Union Association (NCUA). Click here to see the NOTICE OF CHANGES IN TEMPORARY NCUA INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS.