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Electrum Lite

Student and Young Adult Checking that earns more.

Electrum Lite is a student checking account for ages 23 and under that makes everyday banking easy and rewarding.

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Electrum Lite Checking

Student Friendly Features

  • No Minimum Balance

  • No monthly maintenance fees

  • Free Contactless Visa® Debit Card

  • Online Banking and Mobile App1

  • Fee-Free Overdraft Transfers

Park View mobile banking app on a mobile device, featuring quick access to payment features and account balance with a Park View Debit Card.

Electrum Lite Checking

Enjoy benefits that make every transaction rewarding

  • Icons For Business Checking No Fees

    No Monthly Maintenance Fees or Monthly Balance Fees

    Avoid monthly service fees and maintain any balance in your checking account with no minimum requirements.

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    Easy Money Transfers

    Use Person-to-Person transfers or set up one-time or recurring to or from other Park View members.

  • free-paper-statement-icon

    Free eStatements

    With eStatements, your account info is always at your fingertips—no mail required.

  • Round Up

    Debit Card Round-Up

    Round up your transaction to the next whole dollar and grow your savings effortlessly. 

    Learn More
  • Electrum 15

    Early Direct Deposit

    Set up direct deposit into your Electrum Lite checking account and automatically get paid up to 2 days early.

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Earn More, Just by Using Your Debit Card

Electrum Lite pays you dividends every month — just for using your debit card. There are two tiers: an easy one you can hit with almost no effort, and a higher one for when you're ready to add a direct deposit. 

Earn Monthly Requirement
1.50%
APY4
on balances up to $10,000		5 debit card purchases/month
5.00%
APY5
on balances up to $10,000		15 debit card purchases + $1,500 in direct deposit/month

Mobile App

Do it all 24/7 with Park View's mobile app.

You have all the tools you need to manage your accounts through the Park View mobile app or on pvfcu.org, anywhere, anytime. Check balances, transfer money, pay bills, set up alerts, and so much more.
Mobile app interface showcasing online banking features and Park View Federal Credit Union integration.

Get Started

It's Easy to Open an Electrum Lite Checking Account

Follow these simple steps to get started with Electrum Lite.

  • Step Number 1

    Schedule an Appointment

    Schedule an Appointment to get started. All it takes is $5 in a Rewards Account to get started. 

  • Step Number 2

    Complete the Account Setup

    Open your account with help from our team. If you’re under 18, a legal guardian is required as a joint owner.

  • Step Number 3

    Start Earning & Saving

    Once your account is open, make purchases, set up direct deposit, and watch your savings grow.

Frequently Asked Questions

Electrum Lite Checking

You might be interested in...

Beyond savings and checking accounts, we offer even more to help students succeed. Whether you're just starting school or heading off to college, we've got your back every step of the way.

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Flexible Funding for College

Student Loans

Through our partnership with LendKey, Park View offers members access to private student loans and refinancing options.

Learn More
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Money Learning That’s Fun

Financial Education

Kids can build smart money habits through fun articles, interactive games, and more engaging tools designed to make financial education exciting.

Learn More
A young girl eagerly raises her hand in class, ready to answer a question and turn in her report card for report card, a benefit of having a youth account at Park View.

Turn Report Cards into Cash

Report Cards

Youth members and college students can submit their report cards for a chance to earn cash—just submit your report card to earn a cash reward.

Learn More
Disclosures
1Data carrier rates may apply.
25.00% of interest paid is returned quarterly into you Park View rewards from your auto loan and/or home equity line of credit.
3There's no surcharge fee when you use your Park View debit card at a Park View ATM or at an ATM within our network. Park View will waive the convenience fee, but surcharge fees from other financial institutions may still be assessed.
4Annual Percentage Yield (APY) valid as of 04/1/2026. Monthly qualifications must be met in order to earn a high dividend rate on balances up to $10,000. If monthly qualifications are not met, you will earn our base rate of 0.05% APY. Balances over $10,000 will earn a reduced rate of 0.15% APY. Fees may reduce earnings. All rates quoted are subject to Credit Union earnings and are subject to change after the account is opened. No opening deposit requirement for Electrum, but to establish your Park View FCU membership, you will need to make a $5 deposit into a Rewards Account.
4To earn 5.00% APY, make at least 15 debit card purchases and have at least $1,500 in direct deposits each month.
Membership eligibility required.

Fee Schedule | Truth In Savings