Offering employees a new way to receive their paycheck.
About the Program
Educators Credit Union is teaming with Milwaukee Public Schools to offer employees a new way to receive their paycheck. The new and improved payroll accounts at Educators will help MPS employees have more access to their money with fewer fees.
Two Account Options
At Educators Credit Union, MPS employees have two possible account options depending on qualifications:
ACCOUNT TYPE 1
A full-service Educators account.1
ACCOUNT TYPE 2
A payroll debit card with fewer fees and more access than the current MPS Pay Card program.2
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Direct Deposit
Direct Deposit
Automatic Deduction for Milwaukee Teachers’ Education Association Dues
Automatic Deduction for Milwaukee Teachers’ Education Association Dues
ATM Withdrawals
ATM Withdrawals
ATM Balance Inquiry
ATM Balance Inquiry
Point-of-Sale or ATM Decline Fee
Point-of-Sale or ATM Decline Fee
Monthly Fee
Monthly Fee
Checks Available
Checks Available
Online Banking
Online Banking
Branch Services
Branch Services
Educators Account
Direct Deposit
Yes
Automatic Deduction for Milwaukee Teachers’ Education Association Dues
Yes
ATM Withdrawals
No fees at all Educators Credit Union and Allpoint and Alliance One ATMs
ATM Balance Inquiry
No fee
Point-of-Sale or ATM Decline Fee
No fee
Monthly Fee
No fee ($5 opening savings deposit required)3
Checks Available
Yes
Online Banking
Yes
Branch Services
Yes, including mobile check deposits
Educators Payroll Debit Card
Direct Deposit
Yes
Automatic Deduction for Milwaukee Teachers’ Education Association Dues
Yes
ATM Withdrawals
No fees at all Educators Credit Union and Allpoint and Alliance One ATMs
ATM Balance Inquiry
No fee
Point-of-Sale or ATM Decline Fee
No fee
Monthly Fee
No fee ($5 opening savings deposit required)3
Checks Available
No
Online Banking
Yes
Branch Services
Not available
Current MPS PayCard Program
Direct Deposit
Yes
Automatic Deduction for Milwaukee Teachers’ Education Association Dues
No
ATM Withdrawals
$1.99 fee plus surcharge fee at non-Allpoint or MoneyPass ATMs. First transaction per pay period waves the fee.
ATM Balance Inquiry
$0.99 fee at non-Allpoint or MoneyPass ATMs
Point-of-Sale or ATM Decline Fee
$0.50 to $0.75
Monthly Fee
No fee
Checks Available
No
Online Banking
Yes
Branch Services
Not available
Disclosures
1To qualify for a full account, a new applicant cannot have previous account closures with balances still owed. Other restrictions may apply.
2To qualify for a payroll debit card, an applicant cannot have over two account closures with more than $1,000 previous balances owed. Other restrictions may apply.
3There is a $2 monthly mailing fee for members not enrolled in eStatements.
