Checking Accounts

A checking account is a convenient way to protect and access your money. For example, you can have your paycheck automatically direct deposited into your checking account and pay your bills directly from there. A checking account can also help you keep track of your account balance and spending.

The routing number is located on the lower left-hand corner of your check. You can find out more about the location of the routing number, including viewing a sample check, by viewing the example below or by speaking with a URW representative at 434.793.1278 Dial 711 for TTY/TRS. URW Community FCU routing number is 251480482.

URW offers detailed information about overdraft fees online, or you can speak to a representative.

The availability of funds depends on the type of deposit you make and how it is deposited.

Same-day availability: Direct deposits of electronic payments, such as Social Security benefits and payroll direct deposits are available on the business day (excluding weekends and legal holidays) that the funds are due to you. Wire transfers received by 4:00 p.m. ET, cash deposits made in a URW branch and cash deposits made at a URW image ATM are available on the business day of deposit. Check deposits made at a URW branch before closing and/or at a URW ATMs before 5:00 p.m. local time on business days will have $100 of total check deposits available the same day and the rest will be available the first business after the day of your deposit if there are no holds on the account.

Next-Day availability: U.S. Treasury checks payable to you, wire transfers received after 4:00 p.m. ET on a business day, and check deposits made at URW ATMs prior to 3:00 p.m. local time are available the next business day if there are no holds on the account. ATM deposits made after 5:00 p.m. local time on business days or anytime on weekends or legal holidays will be considered deposited on the next business day and be available the following business day.

Exceptions
There are a few exceptions that may delay your funds availability. If we delay your ability to withdraw funds for any of these reasons, we will notify you and tell you when the funds will be available.
Reasons for delay include, for example:

• We believe a check you deposit will not be paid.
• You deposit checks totaling more than $5,000 on any one day.
• You redeposit a check that has been returned unpaid.
• You have overdrawn your account repeatedly in the last six months.
• There is an emergency, such as failure of computer or communications equipment or other conditions beyond our control.
• You are a new client with a checking account opened for fewer than 30 days.

In case of a delay, your funds will generally be available for withdrawal no later than the seventh business day after your deposit.

For more information, please take a look at our full funds availability policy call 434.793.1278 or visit a nearby branch Dial 711 for TTY/TRS.

There are several things to consider when choosing the best checking account:

• Which accounts have monthly fees or service fees, and how can I avoid them?
• Is there a minimum balance requirement, and can I maintain that balance?
• Does this account come with free ATM use?
• Does the account have features that simplify money management?

The main difference between checking and savings account is that checking accounts are for everyday use and savings accounts are for longer term saving.

They’re both deposit accounts, so they both allow you to access your money, but there are some differences.

Savings Accounts are great for making sure you have money available for emergencies or large purchases, and don’t spend it on everyday purchases. You’ll still be able to access your money by ATM, in online and mobile banking and with the help of a bank teller. They typically have higher interest than checking accounts and that interest will accrue over time, helping you grow your balance.

Checking Accounts don’t limit the number of transactions that can be made per month. And, to make managing money easier and more convenient, checking accounts can come with debit cards, check books, online and mobile banking, and other digital tools you can use to quickly access cash, pay bills and pay friends and family.

Checking accounts are bank accounts maintained by financial institutions in which a customer can deposit and withdraw money. Checking accounts work by quickly and easily letting you add and deposit money in a variety of ways, including with checks, online and mobile banking, including mobile check deposit, with a teller, at ATMs and by using electronic debits or ACH payments. With checking accounts, there is no limit on the number of deposits and withdrawals that can be made in a month.

Report the incident or theft as soon as possible, by contacting URW at 1-888-263-3370® and following the voice prompts. Dial 711 for TTY/TRS. We also recommend you check your account online for potential fraudulent transactions.

URW uses state-of-the-art technology to ensure your information is kept safe. We deliver a secure environment through a variety of methods, such as encryption, firewalls, and customer-controlled passwords.

Debit cards look just like credit cards but have a few important differences. A debit card is linked directly to your checking account, so when you make a purchase with it, that amount is deducted from your account. A credit card is treated more like a loan. You have extra time to repay the credit card amount but may be charged interest if it isn’t paid in full, and on time.

A URW debit card can help you keep within your budget to avoid overspending, plus it can be used at ATMs and millions of retailers worldwide that accept VISA Debit®. Debit cards are available with any URW checking account. A credit card’s ability to pay for emergencies can bring you peace of mind when you don’t have the funds in your checking account.

Your URW VISA Debit Card® has an embedded chip, which is the latest technology available to keep your information safe. When you check out at a chip enabled point of sale, you may be asked to put in a personal identification number (PIN) to authorize the transaction.

It’s easy to withdraw cash from your checking account anytime using your debit card at an ATM or by visiting a branch. You can also take money out of your account by writing checks or making payments in online and mobile banking and sending money to friends and family with person to person protocols, such as Transfer Now.

You can view your account activity in any of the following ways:

• Sign on to Online Banking
• Use URW’s Mobile App
• Sign up for electronic statements
• Call Teller Talk (1-877-793-5831) and follow the voice prompts. Dial 711 for TTY/TRS.
• Visit a branch

You can order your personal checks with any of these easy options:

Online

• Use the Mobile App
• Order in Online Banking

In person

• Visit your local URW Branch

By phone

• Call 1-877-793-5831 (Be sure to have both your account and routing number ready) Dial 711 for TTY/TRS.

You can quickly find your account number in online and mobile banking—just sign on and select the account details. If you need help, contact us at 434.793.1278.

You can quickly and easily close your URW checking account by calling 434.793.1278 or by visiting a branch. To close a joint checking account, one owner will need to visit a branch.

To close your URW checking account, you’ll need to make sure you don’t have any pending transactions that would hit after the account is closed. This will help you avoid fees from the entities expecting payments from the account.

When you close the account, we’ll give you a cashier’s check for the account balance or transfer that amount into another account you have opened here.

To add an authorized signer, visit an URW Branch.

No. URW checking account holders don’t pay any minimum balance fees, or monthly service fees.

Yes. URW checking accounts are NCUA-insured.