Link Checking
What’s special about Link?
Link is a no-fee, paper-free alternative to a traditional checking account. Key to your Link digital checking account is SELCO’s digital banking app, which seamlessly connects your accounts, digital payments, and a wealth of financial tools. Just meet a few digital banking requirements and you’ll enjoy Link’s extra perks.
Round-up Match
We’ll round up your card purchases, save the change in your linked savings account, and match what you earn (up to $7/month).
Financial Consultations
Free, confidential financial guidance with a certified counselor at our partner, GreenPath Financial Wellness.
Free Overdraft Protection
$500 automatic overdraft protection allowance in case your available account balance is insufficient.
Fee-Free (really)
No minimum balance requirement or monthly service fee. No fees for overdraft transfers, NSF incidents, or out-of-network ATMs.
Secure your extra perks
To be eligible for the extra perks, you’ll need to take the following steps:
- Enroll in digital banking to access your SELCO accounts from a single login anywhere, anytime. Learn how here.
- Enroll in and eStatements. Learn how here. (If you need mailed account statements or paper checks, you’ll find Select Checking a better fit.)
- Connect your Link account to a SELCO savings account or credit card. (This is your key to Link’s free overdraft protection.)
- Set up automatic deposits to your Link account from your employer or another income source.
- Enroll in round-up savings to automatically round your card purchases up to the nearest dollar and save the change in your linked savings account.
Maximize your round-up match
We’ll automatically deposit your match funds into your savings account after month-end. Simply complete the following every month to earn your round-up match (up to $7):
- Deposit at least $250 total through payroll direct deposits, mobile deposits, ATM deposits, or recurring transfers from other accounts.
- Make at least 12 purchases using your SELCO debit or credit card.
How does Link’s free overdraft protection work?
SELCO won’t charge Link account holders any NSF fees, but a business might. Good thing Link comes with no-cost safeguards to help you avoid those situations. Here’s how it works:
- Automatic Transfers: If your available balance is short when you attempt a transaction or when a recurring transaction taps your account, we’ll automatically transfer the difference from your linked SELCO savings account or credit card.
- $500 Allowance: If there’s still not a sufficient available balance, we’ll tap your $500 overdraft protection allowance to cover any recurring debit card charges, scheduled ACH payments, ATM withdrawals, or one-time debit card transactions.
- Restoring the Allowance: When deposits arrive in your account, we’ll automatically use them to pay back charges previously covered by overdraft protection. That will restore your $500 allowance for further use. If your full $500 allowance has been used, any new charges will be declined until past overdraft charges are recouped through deposits.