Electrum Advantage Senior Checking (Ages 65+)
Unlock higher earnings
Electrum Advantage combines the convenience of a checking account with the earning power of a high-yield savings — helping you grow your money while keeping it accessible. You can earn up to 5.00% APY1, and the more you use your account, the more benefits you’ll unlock. Plus, enjoy other valuable perks designed to make your money go further.
Electrum Advantage Checking Features
Checking That Gives You More
If you’re 65 or older, you’ve earned more than experience — you’ve earned extra benefits. Our Electrum Advantage Checking Account offers plenty of perks, including dividends, a complimentary consultation with Park View Advisors, free ATM withdrawals and the convenience of Online and Mobile Banking tools.
Free Checks
Receive a complimentary box of checks with your account.
Free Paper Statements
Automatically receive free paper statements.
No Monthly Service Fees
No monthly maintenance fees and no minimum balance fees.
Earn Dividends
Increase your savings with monthly dividends based on your account activity or average account balance.
Free Debit Card
Shop with ease using your Park View Visa® debit card, whether you’re in-store, online, or on the go.
Guaranteed Safety
Funds are insured up to at least $250,000 per individual depositor by the NCUA.
With an Electrum Advantage checking account, you’re eligible for a complimentary consultation with a Financial Advisor from Park View Advisors, located at Park View Federal Credit Union. This session includes a personalized Life Stage Report to support your financial goals.2
Benefit Levels
Choose Your Level of Savings with Electrum Advantage
Explore the impressive range of benefits that await you at each level.
Base Level
Base Level Benefits
Every Electrum Advantage account holder is automatically entitled to these benefits:
Silver Level
Silver Level Benefits
All the benefits of Base, plus:
Monthly Requirements:
Debit Card Alternative: Maintain a monthly average account balance of at least $50,000 in your Park View accounts alongside your $500 in direct deposits each month to earn 1.50% APY.
Gold Level
Gold Level Benefits
Base and Silver benefits, plus:
Monthly Requirements:
Debit Card Alternative: Maintain a monthly average balance of $100,000 in your Park View accounts to forgo the debit card purchase requirement.
Platinum Level
Platinum Benefits
Base, Silver, and Gold benefits, plus:
Monthly Requirements:
Rates
Enjoy a Great Rate on a High Yield Checking Account
The Park View Electrum Advantage Checking Account pays dividends monthly!
Current as of 10/1/2025
| Balance | Platinum Level APY7 | Dividend Rate | Gold Level APY6 | Dividend Rate | Silver Level APY 4 | Dividend Rate | Base Level APY 3 | Dividend Rate |
| Balances to 10,000 | 5.00% | 4.889% | 5.00% | 4.889% | 1.50% | 1.490% | 0.05% | 0.050% |
| $10,000.01-$25,000 | 5.00% | 4.889% | 5.00-2.09% | 0.150% | 1.50-0.69% | 0.150% | 0.05% | 0.050% |
| Over $25,000 | 5.00-0.15% | 0.150% | 2.09-0.15% | 0.150% | 0.69-0.15% | 0.150% | 0.05% | 0.050% |
Personalized Service Every Step of the Way
Our Member Advisors are ready to assist you—whether you stop by a branch, give us a call, or schedule an appointment. At Park View, you can count on dependable service and timely answers to your questions.
Earn More Together
Pair your Electrum Advantage Checking Account with a Money Market Account
Combining a Money Market Account with Electrum Checking means more earnings for you. Your monthly activity in Electrum Checking unlocks Silver, Gold, and Platinum tiers, boosting your savings potential. Maximize your savings easily by pairing these accounts!
Tiered Dividend Rates: Your dividends are directly tied to your monthly Electrum Checking activity, ensuring more earnings as your banking activity grows.
Grow Your Deposits, Grow Your Earnings: Our tiered dividend rates reward larger deposits with increased earnings, making it easy for you to supercharge your savings effortlessly.
Keep Your Balance Happy: Maintain a minimum balance of $1,500 to enjoy no minimum balance fees.8
Explore the Benefits of a Money Market Account
Questions About Electrum Advantage Checking?
There is no penalty if you do not meet the monthly qualifications. You'll simply earn the Base Level APY, Silver Level APY, or Gold Level APY.
You must qualify at least one month per quarter and your safe deposit box rebate amount will be determined based on the highest qualification level you achieve within the quarter:
- Silver Level: $6.25 quarterly rebate
- Gold or Bronze Level: $10.00 quarterly rebate
Open an Electrum Advantage Account
Open or convert your existing checking or savings account to a Electrum Advantage account today!12
Visit a Branch
Click below to schedule an appointment at a branch located in your retirement center.
Over the Phone
Call the number below to start the account opening process by phone.
Disclosures
All rates are valid as of 9/2/2025. APY = Annual Percentage Yield. Fees may reduce earnings on checking and money market accounts. All rates quoted are subject to Credit Union earnings and are subject to change without notice.
1Annual Percentage Yield (APY) valid as of 9/2/2025. Monthly qualifications must be met in order to earn high dividend rate on balances up to $10,000. If not met, a reduced rate of 0.05% APY will be applied to balance. Balances over $10,000 will earn a reduced rate of 0.15% APY. $0 to open account and earn APY, but to establish your Park View membership, you will need to make a $5 deposit into a Rewards Account.
2Securities offered through Cetera Wealth Services LLC, member FINRA/SIPC, a broker-dealer. Advisory services offered through Cetera Investment Advisers LLC, a registered investment adviser. Cetera is under separate ownership from any other named entity.
Investments are: • Not FDIC/NCUSIF insured • May lose value • Not financial institution guaranteed • Not a deposit • Not insured by any federal government agency.
CFP Board owns the certification marks CFP®
1675 Virginia Ave Ste C, Harrisonburg, VA 22802
3APY = Annual Percentage Yield. No mandatory monthly debit card purchases or direct deposits are necessary to qualify for the Base Level. All rates quoted are subject to Credit Union earnings and are subject to change without notice.
4To qualify for the Silver Level and earn 1.50% APY on balances up to $10,000, you must make at least 5 debit card purchases and have at least $500 in direct deposits each month. An alternative to the debit card purchases is to have a monthly average account balance of $50,000. The average balance encompasses all accounts held under a single Park View account number. Balances over $10,000 will earn a reduced rate of 0.15% APY.
5Meet monthly qualifications at least once per quarter to receive a rebate in your Park View Rewards account for your safe deposit box. Silver: $6.25/quarter ($25/year). Gold and Platinum: $10/quarter ($40/year).
6To qualify for the Gold Level and earn 5.00% APY on balances up to $10,000, you must make at least 15 debit card purchases and have at least $1,500 in direct deposits each month. An alternative to the debit card purchases is to have a monthly average account balance of $100,000. The average balance encompasses all accounts held under a single Park View account number. Balances over $10,000 will earn a reduced rate of 0.15% APY.
7To qualify for the Platinum Level and earn 5.00% APY on balances up to $25,000, you must have at least $5,000 in direct deposits each month and have a monthly average account balance of $150,000. The average balance encompasses all accounts held under a single Park View account number. Balances over $25,000 will earn a reduced rate of 0.15% APY.
8If the daily average balance drops below $1,500, a fee will be assessed. Please see the fee schedule for the monthly fee amount.
9APY = Annual Percentage Yield. Dividends paid monthly. All rates quoted are subject to Credit Union earnings and are subject to change after the account is opened. Dividends will be forfeited for any account closed before accrued dividends are credited. A fee will be assessed if the monthly average balance drops below $1,500.
10To qualify for Annual Percentage Yield (APY), you must have an Electrum Advantage checking account with at least $5,000 in direct deposits each month and have a monthly average account balance of $150,000. The average balance encompasses all accounts held under a single Park View account number.
11To qualify for Annual Percentage Yield (APY), you must have an Electrum Advantage checking account, make at least 15 debit card purchases, and have at least $1,500 in direct deposits each month. An alternative to the debit card purchases is to have a monthly average account balance of $100,000. The average balance encompasses all accounts held under a single Park View account number.
12To qualify for Annual Percentage Yield (APY), you must have an Electrum Advantage checking account, make at least 5 debit card purchases, and have at least $500 in direct deposits each month. An alternative to the debit card purchases is to have a monthly average account balance of $50,000. The average balance encompasses all accounts held under a single Park View account number.
13No opening deposit requirement for Electrum Advantage, but to establish your Park View FCU membership, you will need to make a $5 deposit into a Rewards Account.
Membership required. Insured by NCUA.