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SmartRate Checking gives you a little extra

Expect more. Earn 8x the national average.¹

Wherever you are in life, Allegacy has a checking account to help. With our SmartRate Checking account, earn your highest dividends², pay your lowest fees and focus more on what matters in your day.

  • + Earn premium dividends²

  • + Nationwide ATM refunds³

  • + No monthly fee, no minimum balance required

As an Allegacy member, you have the tools to manage your finances wherever and whenever you need. All of our checking accounts include mobile banking, text alerts, eStatements and WebBanking free of charge.

Open now!

Get your SmartRate Checking account started today.

We make it easy to switch.
Move automated payments and direct deposits, from one account to another, with our online tool.

Make the switch.

At Allegacy, our goal is to help you make smart financial choices that fit your needs and your lifestyle. That’s why we’ve designed three different checking accounts to help you take the first step to financial wellness.

SmartBalanceSmartRateAllegacy Preferred
Monthly Service charge$4.95, or Free with Direct DepositNone$3, or Free with Average Monthly Balance of $250
Opening Balance$50$50$50
Minimum BalanceNoneNoneNone
Dividends EarnedNoYesYes
Free Allegacy Visa® Check CardYesYesYes
Free Direct DepositYesYesYes
Free Overdraft ProtectionNoneYesYes
BenefitsTotally Digital Account; No ChecksATM Fees Refunded³Free Checks4 with Direct Deposit

³ATM fees will be refunded up to $25 per month, only if all SmartRate Checking eligibility requirements are met.

4Each preferred checking account is eligible to receive up to one package of pre-selected standard, duplicate-style Allegacy checks per year.

Once your account is open, switching is a breeze. Our online tool makes it simple to switch automated payments, direct deposits and more – from one account to another. It’s the fast, secure and free way to switch and takes less than 10 minutes.

  • Fully automated, information is transferred instantly
  • Track progress, view details of your requested changes and confirmations
  • Balance Assist with advice on how much to move/maintain
  • ¹ Source: Allegacy’s SmartRate Checking higher dividend rate is 8x the national average based on the FDIC’s national rate for interest checking accounts published on 11/04/19 – this average includes various types of Financial Institutions.

    ² APY = Annual Percentage Yield. Higher dividend rate is based on meeting all SmartRate Checking requirements. Requirements include: eStatements, ten check card transactions and direct deposit (or ACH debit) per cycle. 0.50% APY is a variable rate and is effective as of 4/18/19. Balances of $25,000 or more earn a variable rate of 0.10% APY. Fees could reduce the earnings on the account.

    ³ ATM fees will be refunded up to $25 per month, only if all SmartRate Checking eligibility requirements are met. All rates, terms and products are subject to change without notice. Please see important terms + conditions.

  • See SmartRate Checking rate and fee schedule.

  • Allegacy provides eStatements as a free service; however, you must sign up for eStatements to receive them.

  • On WebBanking, some restrictions may apply.

  • To use Mobile Banking or to get text alerts, you must first sign up for them. Allegacy does not charge a fee for these services; however, your mobile carrier’s normal data rates apply.

  • All checking accounts require a $50.00 opening balance.