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Why TruWest

An Account for those 55 and better

Advantage 55

Financial needs change with each stage in life, and we’ve tailored an account specifically for you. Our Advantage 55 Checking Account offers, value, convenience and peace of mind, so you can focus more on the things you love1.

  • No monthly service fee
  • Free cashier’s checks and money orders
  • Dividends
  • $1,000 AD&D insurance

With Advantage 55 Checking, you’ll enjoy:

  • No monthly service fee. Like our Choice and OTG Checking Accounts, Advantage 55 requires no monthly fee.
  • Free cashier’s checks and money orders. Enjoy unlimited cashier’s checks and money orders, without the fees.
  • Dividends. Earn interest on the money in your account. See our checking account rates here.
  • $1,000 AD&D insurance. Opt in to receive $1,000 in free Accidental Death and Dismemberment (AD&D) insurance.

Rates & Fees

for advantage 55

Advantage 55

Minimum Balance* Term APY**
$0.00 N/A 0.05%

Savings/Checking Disclosures

Rates effective as of June 1, 2019
Click here to view the most current consumer fee schedule.
*A minimum $5 balance in Share Savings required to be eligible for Services.
**APY=Annual Percentage Yield. APYs are based on monthly compounding. APYs are subject to change. Fees could reduce earnings. Call 1(855) 878-9378 for terms and conditions.


Frequently Asked Questions

Next Steps

As easy as 1, 2, 3

Applying for an Advantage 55 Checking Account

Before completing an account application, you’ll need to have the following information handy:

  • Personal information (name, address, ID number)
  • Employment and salary information
  • Social security number
  1. 1
    Start the process by applying for an account.
  2. 2
    New Member– Complete New Member Form
    If you are not a member, go to New Members, fill out the Disclosure form, and then choose Next.
  3. 3
    Existing Member – Complete Account Application
    If you are already a TruWest member, click Existing Members, and follow the on-screen instructions to continue to the account application. You can also apply through the mobile app by selecting Apply for an Account/Loan in the mobile app menu.
  4. 4
    Choose Accounts
    Complete the account application, including selecting your desired accounts.


We're happy to help! Just give us your name, email and phone number and we'll get in touch with you shortly.

1Must be at least 55 years of age and a TruWest member with a minimum $5 membership deposit and continuing balance. Additional minimum opening deposit of $20 for Advantage 55 Checking Account. Subject to change. Visit for current rate and fee schedule.