Electronic Transfer Account

Electronic Transfer Account

This account is available only to recipients of Federal benefit, wage, salary or retirement payments. Only federally insured financial institutions may offer this account and the features are specified by the U.S. Treasury Department.

Account features and benefits:

  • No minimum to open the ETA.
  • Direct deposit of Federal payment.
  • Four free teller or ATM withdrawals per month.
  • Free ATM card (Impact® Visa debit card not available).

 

Electronic Transfer Account Fees
Type of Fee Fee Amount
Monthly maintenance fee $3.00
Excess withdrawal fee $5.00