Checking & Savings
Personal Checking
Learn More about CEFCU's Digital Banking
Need to Order a New Box of Checks?
Reorder your checks online from Chelsea Employees FCU's check partner, Main Street, Inc.
Share Draft Checking
Personal Checking with No Minimum Balance or Monthly Fees
With Chelsea Employees FCU, keeping a checking account is easy. No monthly fee. No minimum balance. Plus, you’ll enjoy a long list of features without paying a dime. We offer the latest conveniences, including online banking with a mobile app! And if you still prefer writing checks and getting a statement every month, we have just what you’re looking for!
- Online Banking
- Online Bill Pay
- Mobile Banking
- Online eStatements
- Debit MasterCard
- Account Alerts
- Direct Deposit
- Free Automatic Transfers
Open a Share Draft Checking Account!
Click Here to open your account. If you have any questions please email MSR@ChelseaEFCU.org or call us at: (617) 884-3599.
Share Savings Account
Your Share Savings is your Membership Account
A Share Savings Account establishes your membership with Chelsea Employees Federal Credit Union. Designed to meet your basic savings needs, a minimum balance of $25 is required and a monthly dividend for average daily balances over $25 is earned.
Chelsea Employees FCU Share Savings Account benefits:
- Tiered Dividends for higher balances
- Mobile Banking App
- Online Banking
- Online eStatements
- Free Automatic Transfers
- Club Accounts - Holiday or Vacation
IRA Retirement Accounts
Traditional IRA or Roth IRA
IRA Shares are a savings instrument for those members who have retirement needs that are filled by an IRA. Chelsea EFCU offers both Traditional and Roth IRAs. Internal Revenue Service rules apply. Contact your tax preparer or accountant to determine if an IRA is suitable for your tax planning.
IRA Account benefits:
- Our highest Dividend Rates
- No Annual Fee
- No Monthly Maintenance Fees
Christmas Club Accounts
A Christmas Club account, or Holiday Club Account, is an account designed to help members save money for holiday shopping.
Christmas Club accounts encourage our members to deposit money regularly throughout the year, accumulating funds that become available just before the holiday season kicks off.
One of the key features of this account is that we typically restrict withdrawals until the first business day in November. This helps you refrain from dipping into the holiday savings prematurely and ensures that the funds are available when you need it most.
Christmas Club Features:
- Our highest Savings Rates
- Automatic disbursements November 1
- Emergency Withdrawals Allowed (subject to $5 fee prior to maturity)
Convenience Services
- Surcharge-Free ATM Network Allpoint Network | Allpoint for Consumers
- VISA Gift Cards - Values from $10 to $1000
- MoneyGram Money Orders up to $1000 with low $2 fee for members
- Gleason Scholarsip Awards
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