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When you purchase an official bank check (also called a cashier’s check), the funds are withdrawn from your account and issued in the form of a cashier’s check.
Cashier’s Checks:
Fees may apply to purchase a Cashiers Check . The fee will be waived by having a Wealth Builder Checking account. See the Schedule of Fees for details.
Official bank checks are issued and guaranteed by the financial institution. They also have a higher limit than money orders, so they can be used for larger purchases.
You will need to present a valid ID, show you have available funds in your account, the amount of the check, to whom it is payable and any other information that you would want to be included in the memo.
Cashier’s Checks are safer than personal checks because the funds are guaranteed and also do not contain your account number.
Tips On How to Avoid Cashier’s Check Fraud:
To verify if an Official Bank Check is valid, contact the Member Service Department by calling 888-883-7228.
Fees may apply to purchase a cashier’s check, or to stop payment on a cashier’s check. See the Schedule of Fees for details.