topic Re: Credit Union Checking Account Question :Updated Issue resolved in Personal Finance

Credit Union Checking Account Question :Updated Issue resolved

AndySoCal — Thu, 03 Apr 2025 14:44:46 GMT

I currently use Ally Bank for checking and savings. I am a member of Langely FCU. I saw that they have High Yield Savings Account and a checking account with no monthly maintenance fees. The savings account is about a quarter to a half point higher than Ally. So I opened a checking account with no problems. This issue is resolved-The problem is with Redstone FCU and State Department FCU the on line bill pay wants to send a paper check to them. I know can ACH the monies then pay the bill. I am not willing to do because on line bill pay at other banks does not have this problem

I was using my laptop versus my desktop where my screen is larger. When I tried to add these credit union accounts on the laptop I did not see them due the screen size. So I added them manually which caused the paper check option to be selected.Today I added them and remembered to scroll down then I was able to added them so they would paid electronically.

Questions:

1. Does anyone know of a crecit union bill pay that does not have this issue?

2. If I were to move my accounts to another bank does anyone have any experience with Bask Bank?

Edited to remove Newtek Bank

TIA for any input

Re: Credit Union Checking Account Question :Updated Issue resolved

Kforce — Thu, 03 Apr 2025 16:46:01 GMT

@AndySoCal wrote:
I was using my laptop versus my desktop where my screen is larger.
When I tried to add these credit union accounts on the laptop I did not see them due the screen size. So I added them manually which caused the paper check option to be selected. Today I added them and remembered to scroll down then I was able to added them so they would paid electronically.

Questions:
1. Does anyone know of a crecit union bill pay that does not have this issue?

Would like clarification.

With the second try of adding them was the "State Department FCU" able to be linked to be paid ACH?

If so, have you made a payment and had success with it being electronic not by checkin the mail?

Re: Credit Union Checking Account Question :Updated Issue resolved

AndySoCal — Thu, 03 Apr 2025 18:06:11 GMT

@Kforce Yes with second try I was able to get State Department to electronic and not check. I have not made any payments yet. When I do I will send the payment early to make sure everything posts correctly. Also if there is problem I have time to recover from it before the due date.

Re: Credit Union Checking Account Question :Updated Issue resolved

Kforce — Sat, 05 Apr 2025 18:04:18 GMT

@AndySoCal wrote:
@Kforce Yes with second try I was able to get State Department to electronic and not check. I have not made any payments yet. When I do I will send the payment early to make sure everything posts correctly. Also if there is problem I have time to recover from it before the due date.

Always the way to make payments.

Early with time to recover.

Curious because I know of some one who is thinking of a "State Department Card" and uses billpay pushing for card payments.

Most institutions have no issue however as with all things a few places seem to not be able to have "Pushed - ACH Payments".

Let me know after your first push goes thru, if you don't mind.

Thanks

Re: Credit Union Checking Account Question :Updated Issue resolved

AndySoCal — Sat, 05 Apr 2025 18:52:46 GMT

@Kforce I have using Discover and Ally bill pay to pay SDFCU since I opened the account in June 2023. Nary a problem. I will see if Langley breaks the string. I will update.

If that somone is thinking about I would encourage them to go for it. In my own experience I was given an auto CLI on the one year anniversary. The starting limit was 15000 after the auto CLI 20000. I would have used SDFCU for the checking if their ACH transfer limits were higher for non bill transfers. Also Langley has higher CD and savings rates.

Re: Credit Union Checking Account Question :Updated Issue resolved

AndySoCal — Mon, 07 Apr 2025 00:39:02 GMT

@Kforce @Here is another option is Fortera credit union. They have 2% cash back cards as well I have not done any "science experiments " to see what there credit limits are like

https://forteracu.com/banking/personal/credit-cards

I am member of this credit union was well.

Re: Credit Union Checking Account Question :Updated Issue resolved

AndySoCal — Tue, 29 Apr 2025 18:35:20 GMT

@Kforce I have one bill pay for SDFCU that will go out on Friday. If this succeeds as expected then all of my billers will have worked. I have kept the Ally accounts open where I was banking just in case.

Re: Credit Union Checking Account Question :Updated Issue resolved

Hipployta — Sat, 03 May 2025 13:34:19 GMT

Just want to make sure you knew that Langley HYSA only allows you 1 withdrawl a month and no reversals. If you do 2 the interest rate drops to like .05%. It is also tiered so only the first $10K gets the higher rate then it drops to .05%. I had part of my downpayment there, $29,400, and it paid out 1.76% for March with the combined rate for $34.80.

Re: Credit Union Checking Account Question :Updated Issue resol

AndySoCal — Sat, 03 May 2025 13:51:54 GMT

@Hipployta , With the my design checking avvount saver option the limit on the HYSA limit goes upto 25,000. As a just in case, I have linked my Vanguard Cash Plus Account to Langley. I am aware of the one withdrawal a month limit.

Re: Credit Union Checking Account Question :Updated Issue resol

Hipployta — Sat, 03 May 2025 13:55:20 GMT

Oh up to $25K is much better. I hadn't looked into the MyDesign rebrand since it looked the same. I'll check it out!

Re: Credit Union Checking Account Question :Updated Issue resol

Vinjints — Fri, 09 May 2025 15:00:35 GMT

@AndySoCal wrote:
@Hipployta , With the my design checking avvount saver option the limit on the HYSA limit goes upto 25,000. As a just in case, I have linked my Vanguard Cash Plus Account to Langley. I am aware of the one withdrawal a month limit.

I joined Langley recently to establish membership, particularly for the CB card and the HYSA, knowing I'll need the steady saver option for the cap limit increase. Talking with the rep in person and looking online, they are very secretive with some of their details, particularly with the MyDesign Savings account. I don't see that anywhere on the site, but read your older post about it. Do you know any additional details on how the MDSavings work? I've got the pamphlet for min and max weekly/monthly automatic deposits. Could you do a lower recurring deposit and then lump sums as well into that one? Or is it possible to do additional deposits on top of the recurring? It seems like they are offering two separate HYSA this way, though the steady saver would be limited in how fast you can grow it. Any cap on that one?

Re: Credit Union Checking Account Question :Updated Issue resol

AndySoCal — Fri, 09 May 2025 16:25:28 GMT

@Vinjints With HYSA account you transfer in a lump sum or do reoccurring deposits it does matter. Just keep in mind the balance limit that earns the higher rate. This link might help

https://www.langleyfcu.org/mydesign-checking

Re: Credit Union Checking Account Question :Updated Issue resol

Vinjints — Fri, 09 May 2025 17:03:18 GMT

I understand on the regular HYSA. I'm curious on the MyDesign Savings. You previously posted:

"Steady Saver earns 5% on upto $25k in high-yield savings AND gives access to MyDesign savings, which also earns 5% but is limited to a max of how much can be deposited at once."

Which looks to be a completely different account, but at the HYSA rate. Is that one (MyDesign Savings) limited to only the recurring deposits and/or max monthly contribution? Meaning you cap yourself at $6k per year? From their brochure:

"Deposits to MyDesign Savings from a MyDesign Checking account must be through recurring digital banking transactions... Deposit limits are defined as..."

Re: Credit Union Checking Account Question :Updated Issue resol

AndySoCal — Fri, 09 May 2025 18:45:03 GMT

@Vinjints I think it is referring to the high yield savings which at one time was earning 5%