Prism Checking Account Prism Checking Account is a package of services which includes a no annual fee VISA and a dividend earning checking account. Prism Checking has no monthly fee with a minimum daily balance of $1,000.00 or a combined (checking and share certificate) daily deposit balance of $2,500.00 is maintained - offering members access to all funds at no cost. The Prism Checking Account pays dividends quarterly on balances over $1,000.00. If the balance falls below $1,000.00, there is a low monthly fee. If you currently have a checking account at another financial institution, you may switch your checking account to Spectrum by following the instructions on this secure Checking Account 'Switch Kit'. Prism Checking also offers: Free Bill Payer Monthly statements providing members with a consolidated record of transaction activity and earnings for reconcilement of the account. Automatic overdraft protection from savings, providing a 'safety net' in case there are insufficient funds in the checking account Direct Deposit of funds so members may have their paycheck directly deposited into this account automatically each pay period Automatic loan payments from checking (or savings) may be set up to take advantage of the convenience of not having to write and mail a check every month (also saving members a trip to the branch!) The Prism Checking account can be accessed through: Share Drafts (checks) By using your Spectrum FCU check/debit card In-person at one of our branch locations Through SAM-24, our automated voice response system - members may perform inquiries, transfers, request withdrawals by Spectrum Official Check at their convenience using their touchtone phone anytime, anywhere Through PAL - Personal Account Link, members may perform inquiries, transfers, request withdrawals, view and print their statements via their personal computer - and otherwise manage their accounts By automated deposits and withdrawals Make deposits in person at your nearest branch, through the shared branch network, co-op deposit sharing network ATMs or at any of our proprietary ATMs located near our branches. Contact us for more info on these options. By ATM - conveniently make withdrawals through all ATMs displaying the surcharge-free co-op, Star®, Plus®, Interlink® or the Exchange® network symbols. Additionally, members' funds are secure and guaranteed. The National Credit Union Administration (NCUA) insures the cumulative balances of Share/Checking/Club and Share Certificate accounts up to $100,000 (IRAs insured separately). Additional Share Insurance deposit coverage up to $250,000 on all credit union deposit accounts currently being insured by the NCUA is covered by American Share Insurance (ASI). This means the total insured amount is $350,000.