New Checking Options

Checking Account Changes

Our checking account product line has been updated to include the following: Premier Checking, Premier Plus Checking and Simply Smart Checking. With this update, our legacy checking products have been discontinued.

On June 1, 2024, select accounts will be transitioned into a new product type. Your account number, debit card, Online Banking login, automatic payments and checks will remain the same with no service interruptions. If you have questions about your checking account options, you can call, visit a branch, or contact us online.

Premier Checking with Red Canoe Perks

Save money on the things you’re already paying for with your Premier Checking account. You’ll get Red Canoe’s standard everyday banking tools, and can save with every swipe with Debit Card Round Up. You’ll have access to the following discounts and protection benefits, powered by the BaZing savings network for a low monthly fee:

  • Shop Local, Save Local – Get local and national discounts that can save you money on shopping, dining, travel and more!
  • Health Savings – Save on prescriptions, eye exams, frames, contacts and hearing services.
  • Cell Phone Protection – We’ll pay to have your phone repaired or replaces, up to the max benefit limit per claim. Use your Premier or Premier Plus account to pay your phone bill, and you’re covered.
  • Roadside Assistance – Available 24/7 and free to use.
  • ID Theft Aid – Feel secure in knowing that your Premier checking account includes coverage if your identity is compromised.
  • Buyer’s Protection and Extended Warranty – Purchases you’ve made with your Premier or Premier Plus account will be covered up to 180 days from purchase.
  • Discounted rates on new Red Canoe consumer loans

Premier Plus Checking with Red Canoe Perks

Get all the money saving benefits of the Premier Checking account for a monthly fee, PLUS these additional benefits:

  • Credit monitoring – get your credit score in the Red Canoe Perks app!
  • A rate bump for new Red Canoe certificates
  • Higher protection benefit amount for Cell Phone Protection
  • Higher protection benefit amount for ID Theft aid

Simply Smart Checking

Our simplest checking account comes with our easy to use banking tools, Debit Card Round Up and no minimum balance requirement. The monthly fee for Simply Smart is waived when enrolled in eStatements, or if you are age 70 and older or age 18 and under.

Earn While You Spend with Debit Card Round Up

Get even more out of your Red Canoe checking account by opening a Debit Card Round Up account and earn while you spend! Every debit card transaction will be rounded to the nearest dollar and at the end of the day, we’ll transfer the total of those round-ups to your new Round Up Savings account. Earn a premium APY* of 6% on the first $1,000 you save!

*APY = Annual Percentage Yield. Valid only with Simply Smart Checking Accounts. Debit Round Up Savings Accounts pay a higher dividend rate on balances up to $1,000. The remaining balance over $1,000 earns the standard savings account dividend rate.