Checking Accounts

A checking account is one of the most basic financial tools available to consumers. Do you know how to use one effectively to reach your financial goals? Learn the basics about checking accounts with Liberty Bay's FA$Ttrack Checking Accounts module.

Take the FA$Ttrack: Checking Accounts

Find the Best Checking Account for YOU!

Liberty Bay offers three distinct checking accounts to fit the needs of our diverse membership. Click on an account type below to learn more.

Looking to switch your checking account to Liberty Bay from another financial institution?

We've made it easy for you with ClickSWITCH


Free Benefits Checking

With Liberty Bay's FREE Benefits Checking, members can enjoy no minimum balance, no monthly maintenance fees, and no transaction limits!

OPEN AN ACCOUNT         Take the FA$Ttrack: Checking Accounts

Account Features:

  • NO minimum balance, NO monthly maintenance fees, and NO transaction limits
  • First order of checks is FREE
  • Get your balance fast with our automated telephone service, MoneyLine 
  • Sign up for Online & Mobile Banking with Bill Pay, Remote Check Deposit, PopMoney, and more
  • Use your Liberty Bay debit card or pay with your mobile device using Apply Pay
  • Surcharge-free ATM transactions are available at SUM, MoneyPass, CO-OP and Allpoint ATM locations*

Premier Checking 

Enjoy all the benefits of our traditional FREE Benefits Checking, PLUS earn 5.00% APY on the first $1,000 in your Premier Checking Account!**

Please Note:
If you have an LBCU checking account please complete the Premier Checking Switch Form.
If your existing membership has a joint party please fill out a Membership Application Form.

To view forms click here.

Please contact Member Services with any questions at 617-439-6500.

OPEN AN ACCOUNT

Account Features:

  • The first $1,000 of your balance earns you an exceptional rate of 5.00% APY**
  • Simply maintain a minimum daily balance of $500.00 to earn up to $15.00 in ATM Fee Reimbursements each month
  • NO minimum balance, NO monthly maintenance fees, and NO transaction limits
  • Surcharge-free ATM transactions are available at SUMMoneyPassCO-OP and Allpoint ATM locations* 
  • Sign up for Online & Mobile Banking with Bill Pay, Remote Check Deposit, PopMoney, and more
  • Get your balance fast with our automated telephone service, MoneyLine 
  • Minimum deposit to open: $500.00

Must maintain minimum daily balance of $500.00 for the entire statement period to be reimbursed up to $15.00 for Foreign ATM Fees accrued in that same statement period. Reimbursement up to $15.00 will be applied during the following statement period. If minimum daily balance of $500 per statement period is not met, member will not be eligible for a reimbursement of foreign ATM fees accrued during that statement period. No account maintenance fees will be charged by Liberty Bay Credit Union, and no minimum balance is required. Other fees may apply. 


Senior 62 Checking

Liberty Bay's Senior 62 Checking Account offers members 62 years and older a variety of account features, including:

  • Unlimited checking transactions
  • Surcharge-free ATM transactions are available at SUM, MoneyPassCO-OP and Allpoint ATM locations*
  • One free reorder of basic style checks at a time (special styles may be purchased)
  • A no-fee Visa credit card (subject to certain restrictions)

Inquire Now

Need assistance? For more information on our Senior 62 package, please call (617) 439-6500 to speak with a member of our team.


*NOTE: Even though Liberty Bay does not charge its members for ATM transactions made anywhere in the world, many banks and other owners of ATMs may impose a surcharge or convenience fee for using their machines. You have a right to terminate such transactions and avoid these charges. 

"Checking" refers to Liberty Bay's Share Draft Account. Certain restrictions may apply.

**A dividend rate of 4.88% will be paid on your daily balance up to $1,000.00. The Annual Percentage Yield (APY) for this tier will be 5.00%. A dividend rate of .05% will be paid on any daily balance over $1,000.00. The APY will then range from 5.00% to .05% depending upon the total account balance. One premier checking account per membership. Rates may change at any time. Funds earn dividends from the first business day of deposit and are compounded daily and posted monthly. Fees or other conditions may reduce earnings on this account.