Start your application online
Getting started with a checking account takes just a few easy steps. Many members can open their account in minutes, and we’ll guide you every step of the way.
Your checking account should pay you
Members know, the smartest checking account
Easily open and fund your checking account, then use your debit card the way you already do to earn more from your everyday spending.
Earn 3.00% APY*
Use your checking account/debit card and earn up to 3.00% APY on paid balances up to $25,000 every month. Open an account with just $50, enroll in estatements, use your debit card at least 20 times to make a transaction and set-up direct deposits or ACH debit and start earning on your checking balance.
Get paid early
Get early access to your paycheck, pension, government benefits up to two days before the scheduled pay date automatically.
Access cash without the fees
Use over 40,000 surcharge-free ATMs through the CO-OP network. In months you qualify, we’ll refund up to $25 in domestic ATM fees charged by other networks.
No monthly service fee*
No monthly service fee or minimum balance fee when you enroll in eStatements.
Pay your way
Deposit checks with your camera in the Allegacy app, use free bill pay, and tap to pay with Apple Pay or Google Pay. Every tap counts toward your 20 monthly debit transactions.
Your credit score
In the Allegacy app, check your score anytime, see what’s moving it, and get an alert when something on your report changes, all from the same app you bank in.
Stay in control
Turn your card off and on, set spending alerts, and add travel notices from our app. Track spending trends, set savings goals, and see accounts from other banks.
Member benefits
We are a credit union so we are owned by our members and not stockholders. We have been helping North Carolinians thrive for 60 years and are here for your banking and lending needs, financial planning and coaching. We are your neighbors and want to see you and our communities thrive.
Open your SmartRate Checking account with ease
Getting started is simple. Open your account online in just a few steps and move forward with confidence, knowing we’re here to guide you.
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Set everything up in one place
Fund your account securely online, add a joint owner or beneficiary, enroll in online banking, and set up direct deposit — so everything is ready from day one.
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Start spending and managing digitally
Use your Visa® Debit Card and online banking tools to make purchases, track activity, and manage your money with clarity and confidence. Add your card to your digital wallet for secure, convenient payments from your phone or smartwatch.
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SmartRate Checking
| Balance | Dividend | APY* |
|---|---|---|
| Up to $25,000 | 2.96% | 3.00% |
| $25,000 or more | 0.10% | 0.10% |
| Any balance if requirements are not met | 0.05% | 0.05% |
*APY = Annual Percentage Yield. SmartRate Checking: When requirements are met, APY for balances over $25,000 will vary based on the account balance and reflects a blended rate. Rates are variable and may change after the account is opened. APYs are accurate as of 02-01-26. If account requirements are not met, all balances earn 0.05% APY. Requirements include enrollment in eStatements, at least 20 debit card transactions per cycle, and one direct deposit or ACH debit per cycle. Up to $25 in ATM fees will be refunded per month when requirements are met. A $50 minimum deposit is required to open the account. Fees could reduce earnings on the account. |
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