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If you carry a higher checking account balance and don't need frequent access to your funds, you may benefit from a Money Market Checking Account.

Earn a higher return on your funds

You've worked hard for your money. You should earn more with it. That's why we offer a Money Market Checking account. With a tiered rate structure based on your balance, you can earn more than with our regular accounts. And your money is liquid, with access whenever you need it.


  • Earn rates as high as .05% APY*
  • Access to your funds when you need it
  • Free online bill pay
  • Access to over 50,000 free ATMs nationwide


  • Minimum balance requirement to avoid a fee is $2,500
  • $1000 opening deposit required
  • $5 per withdrawal in excess of 6 per month
  • $10 if average daily balance is below $2,500 at the end of the month
  • Rates
  • Open
  • Overdraft Privilege
  • Request Info
Effective Aug 1, 2019
Money Market Dividend Rate APY* Min. Bal.^ Calculator
Money Market Checking# .05% .05% $100 - $50,000.00 Calculator
Money Market Checking# .05% .05% $50,000.01+ Calculator
All money market accounts are variable rate and as such, rates are subject to change at any time without prior notice. Fees or other conditions may reduce earnings. Please consult a credit union employee for more information.
* Annual Percentage Yield.
^ Minimum balance required to earn stated APY.
# Minimum deposit required to open this account is $1000.00.


Opening an account is easy!

We've made it easy to open a new account or add a product or service to your existing membership. You can complete the process at home or at any branch location.

Just follow these simple steps:

Not yet a member?

  1. Determine your eligibility
  2. ReadOpens in New Window our account terms & conditions
  3. DownloadOpens in New Window and complete our membership application
  4. Mail the application, along with a $5.00 opening deposit to:
    Chesterfield Federal Credit Union
    Attn: New Accounts
    P.O. Box 820
    Chesterfield, VA 23832
    Make sure you include a copy of your driver's license. You can also bring your forms & initial deposit to any branch locationOpens in New Window.

Adding an account or service?

  1. Sign on to Net24 Home Banking
  2. Select "open new sub-share"
  3. Follow the prompts to open your new service
  4. If you are opening a checking account, please contact usOpens in New Window to ensure your checks and debit cards are ordered.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens any savings, checking or other account, is added as a signer on any account or who signs for a loan.
What this means for you is that when you open any type of account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We will also ask to examine your driver's license or other identifying documents and we will retain copies of documents used to verify your identity.We ask for your understanding as we work to support these efforts to maintain the security of your funds and to protect against terrorist financing. Please speak with a staff member if you have questions or concerns about our identification policies.
Overdraft Privilege

Mistakes will happen. We protect you when they do.

We help protect you from unexpected overdrafts and bounced checks with Overdraft Privilege. Should a check, ACH or recurring debit card transaction attempt to clear your account when you don't have funds available, we may allow the transaction to post, preventing the item from being returned. Your account will have a negative balance and you will be assessed a small fee.

To protect your account from ATM and everyday debit card declined transactions, download our Overdraft Privilege Consent Form.Opens in New Window

BenefitsOpens in New Window

  • Protect yourself from unexpected overdrafts
  • Up to $700.00 in protection
  • $30.00 / item fee per use

Opens in New Window

  • Be a member for 61 days
  • Age 18+
  • Have a checking account
  • No loans more than 30 days past due
  • No charged-off accounts
  • No levies, garnishments or bankruptcies
  • Repay any negative balances within 35 days
* Accounts will be charged an Overdraft Privilege fee of $30.00 / item for handling each overdraft created by check, ACH, Point-of-Sale, ATM withdrawal, in-person withdrawal, or other electronic item that is paid or the Standard Overdraft fee of $30.00 / item for items returned unpaid. An overdrawn balance must be repaid within 35 days. We may not pay items through overdraft privilege if you do not maintain your account in good standing by bringing your account to a positive balance within every thirty-five (35) day period for a minimum of 24 hours, if you default on any loan or other obligation to Chesterfield Federal Credit Union or if your account is subject to any legal or administrative order or levy.
Request Info
A Money Market Checking account help you earn more on your money.