woman using atm

Make the most of your money with Access America Checking

Checkmark Icon

Earn up to 5X the national average1

Checkmark Icon

Easily avoid monthly fees2

1. Join Now to establish a PenFed membership.

2. Set up online access when you click “Log In” at www.penfed.org.

3. Navigate back to this page, and Open Now with your new Member login.

Earn More

  • Earn up to the national average1 on your checking account balance with monthly direct deposits of $500 or more
  • Earn % APY3 on daily balances of less than $
  • Earn % APY3 on daily balances between $ and $

Two ways to avoid a $10 monthly fee

  • Set up a monthly direct deposit of $500 or more
  • Maintain a daily balance of $500 or more


Bank Anywhere, Anytime

  • Check your balance, view transactions, and manage your account 24/7 online or through our mobile app
  • Deposit checks right from your phone with mobile deposit
  • Enjoy over fee-free ATMs


Get Paid Early

  • Set up your direct deposit from your employer or payor and get access to your money up to 1 day early4
  • Save time with direct deposit. Your money is deposited to your account automatically without ever having to visit a branch or ATM

Additional Features & Benefits

Fee-Free ATMs

Fee-free ATM Locations

Where’s an ATM when you need it? Get access to our + fee-free ATM network of Allpoint and Co-op ATMs, giving you access to more machines than the leading banks.

Easy Access: Fee-free PenFed ATMs are located at many well known retailers such as Target®, CVS Pharmacy®, Circle K®, Winn Dixie®, Rite Aid®, Kroger®, Speedway®, and Safeway®.




Yes, as an Access America Checking Account holder, you are exclusively eligible to earn 2% cash back on all purchases using PenFed’s Power Cash Rewards Visa Signature® Card.

1. Electronic Funds Transfer - You can initiate an electronic funds transfer at PenFed to deposit funds from an external bank account. All you need is the ABA routing number and account number of the other institution. PenFed’s routing number is 256078446.

2. Mobile Deposit – You can download our mobile app and use Mobile Deposit.

3. Internal Transfer from your PenFed account.

4. Mail - You can mail in a check (with your account number written on the check) to: PenFed, Box 247009, Omaha, NE, 68124-7009.

You can withdraw money from your account in the following ways: 

  • No-fee cash withdrawals at + ATMs through Allpoint Network, CO-OP Shared Branch Networks and PenFed Branches in the US 
  • Use your debit card for purchases 
  • Online transfer to an external bank account 
  • Use online bill pay Write a check Wire transfer

Your debit card will arrive within 5 to 7 business days after your account is opened.

You will earn dividends with recurring direct deposits of $500 or more on a daily balance of up to $ using the following tiers:

Daily Balance

Dividend Rate

Annual Percentage Yield

$ - $



$ or more, up to $



Dividends are compounded daily and paid monthly.

Yes, you can link your checking account to an Overdraft Line of Credit if you qualify. As this is a line of credit, it is subject to credit approval.

You can order checks online, by phone or in the branches. Your first set of 40 checks will be delivered for free within 7 to 10 business days after the order has been placed.

As an year old Financial Institution, we’ve stood by our members through thick and thin. We’re not just a credit union. We’re your partner. Becoming a PenFed member means never facing a financial decision alone.


1Up to the national average of % APY is based on the national average of checking account rates published in FDIC Weekly National Rates and Rate Caps accurate as of .

2No monthly maintenance fees with a daily balance or monthly direct deposit of $500 or more.

3Account is a variable rate account. APY is valid as of last dividend declaration date of and subject to change at any time. Fees may reduce earnings on account. Minimum deposit of $25 required to open account. When an account is terminated prior to the end of a statement cycle, dividends will be paid if the aggregate deposit requirement is met on the date of account termination. Dividends are compounded daily and paid monthly.

4Early access to direct deposit is available for all PenFed members that set up a direct deposit with their employer or other payor. Early direct deposit eligibility may vary between pay periods and timing of payors funding.

5Have peace of mind knowing that PenFed won’t hold you responsible for unauthorized transactions on your Visa debit card. Visa’s Zero Liability policy applies to purchases made in the store, over the telephone, online, or via a mobile device. Visa’s Zero Liability policy does not apply to transactions not processed by Visa.

6Rates and offers current as of and are subject to change. After account opening, a three business day waiting period applies for credit line advances. This account can only be accessed by overdraft from a checking account. No other types of advances are permitted.