Several checking account options are available to Old Hickory Credit Union members.

Basic Free Checking

If you’re just getting started or if you just like to keep things simple, our Basic Checking Account can be just what you need.

Our Basic Checking gives you:

• Unlimited check-writing privileges
• Free overdraft protection from savings
• ATM/Debit Card service
• No minimum balance requirement
• No monthly service charges
• Online Banking and Bill Payer Services
• Overdraft Privilege available ($30 per item charge)*
• Direct Deposit available
• First box of checks free for new accounts

Share Certificates are available in terms of six months and longer.  Our published sheet of current rates and terms can be found in PDF format under Dividend Rates and Annual Percentage Yields.

Old Hickory offers a variable rate IRA savings account and IRA Share Certificates. Rollovers from other IRA accounts, pensions and 401k accounts are accepted. Contact our Retirement Plans Specialist for details.

This special savings account allows unlimited deposits yearly. On or about October 15 each year, funds are transferred to a member’s Share 1 Savings for withdrawal. The account earns dividends, which are paid monthly into the account.

This special savings account allows unlimited deposits yearly. On or about May 15 each year, funds are transferred to a member’s Share 1 Savings for withdrawal. The account earns dividends, which are paid monthly into the account.

Money Market Account

This account offers tiered dividend rates that are based on the account balance.  Dividends are compounded and paid monthly to this account.  Withdrawals are allowed from this account under the same limitations applicable to our Savings Account.  Our published sheet of current rates and terms can be found in PDF format under Dividend Rates and Annual Percentage Yields.

Health Savings Account

A Health Savings Account (HSA) is an account you can put money into to save for future medical expenses. It is owned by an individual, the funds can roll over from year to year, and it has significant tax advantages. In many respects, an HSA operates similarly to an IRA. Money in an HSA (contributions, earnings and distributions) is exempt from federal taxes when used for qualified medical expenses for the HSA owner, spouse, and dependents. An HSA can only be established if the individual has a high deductible health plan, also known as catastrophic insurance.  Read more about HSAs.

Save-A-Saurus

All members who are 11 years old or younger are automatically enrolled in our Save-A-Saurus Club.  Save-A-Saurus members learn about money in fun ways.  They get their own newsletter, participate in contests and have their own website with fun games and puzzles.

Each time a Save-A-Saurus makes a deposit, they receive a token which can be redeemed for prizes at our branch locations.

Plenty of fun and education are available online for younger members.  Googolplex, our online activity center for kids, teaches kids about money with online games, riddles, puzzles and more.  Check out all the new activities on Googolplex updated every week.

Save-A-Saurus members earn dividends on their accounts as long as the $25 minimum balance is maintained.

Save-A-Saurus members are exempt from the credit union’s dormant account fee.

First Money

Members ages 12 though 15 are First Money Club members.  First Money members learn about money from a special newsletter and our online activities.

A special area of our online activity site is available for First Money members.  Visit Googolplex for age appropriate online activities.

First Money members are exempt from the credit union’s dormant account fee.

Money Masters

When our younger members turn 16, they automatically become Money Masters.  Money Masters learn financial responsibility through regular newsletters and online activities.  Our online activity center, Googolplex, offers an age appropriate place for Money Masters to read great stories about credit union members their age world wide.

Availability of Funds and Collection of Checks Information

In order to ensure that we receive final payment of the deposits you make to your account, our policy is to delay the availability of funds from deposits of personal checks. During the delay, you may not withdraw the funds, and we will NOT use the funds to pay checks that you have written from your OHCU account.

Local personal checks deposited/cashed: The first $100 will be available on the first business day after the day of your deposit. The remaining funds will be available on the second business day after the day of your deposit.

Non-local personal checks deposited/cashed: The first $100 will be available on the first business day after the day of your deposit. The remaining funds will be available on the fifth business day after the day of your deposit.

There are longer hold periods for certain types of deposits: those greater than $5000, ATM deposits, accounts open less than 30 days, if we have reason to believe a check will be returned to us, etc. 

For a more complete explanation of our Funds Availability policy, please read the brochure entitled “Important Account Information for our Members” that was provided to you when you opened your account with Old Hickory Credit Union.

Overdraft Privilege

Ever made a subtraction error? Ever written a check for more $ than you had $? If so, you know the fees charged by your financial institution and the payee to whom the check was written can quickly add up.

One solution – our Overdraft Privilege Program*. As a courtesy service to many accountholders, the credit union will allow an account overdraft up to a pre-determined limit based on the amount and origin of monthly deposits you make. A $30 fee is charged for each overdraft, but you save the expense and embarrassment at the store where your check was written.

Interested? Please call (615) 847-4043 or 1-800-998-4043 and ask for more information.

*This service represents a purely discretionary courtesy or privilege that the credit union may provide you from time to time and which may be withdrawn or withheld by the credit union at any time without prior notice or reason or cause.