Veterans Checking

Open Account

A checking account designed for the unique needs of our veterans and their families.

BankFive is proud to partner with the Veterans Benefits Banking Program to offer a reliable way for active duty service members, veterans, and their caregivers to access their finances.

Added benefits include:

No monthly maintenance fee or daily minimum balance requirement¹
Easily set up VA Direct Deposit using Switch My Bank
Includes a VISA® debit card with online card management, cash back rewards, and Apple Pay and Google Pay compatibility
Free credit monitoring within online banking and the BankFive mobile app
Send and receive payments with friends and family through Zelle®
Free ATM transactions²
BankFive will deposit $5 into your new Veterans Checking account once opened!

¹No daily minimum balance requirement, but account may be closed if balance remains at zero for 60 consecutive days.

²Free at all BankFive ATMs. BankFive may impose a $1.50 service fee at non-BankFive ATMs. Other banks may impose a surcharge for use of their ATMs as well.

Spending Resources

October 7 2025

Marissa Scott —

Money Management

Government Shutdown Update: What You Need to Know

As the federal government shutdown continues, we want to help you stay informed about which services are impacted and reassure you that your banking experience remains secure and dependable.

Read Full Article

June 9 2025

Deirdre Jannerelli —

Money Management

9 Ways to Avoid Checking Account Fees

Free checking is great, but sometimes even free checking accounts with no monthly maintenance charge can rack up other fees. The good news is that many common checking account fees are easy to avoid.

Read Full Article