Checking and Savings Accounts Good for your Wallet!

While banks (including online banks) are public, profit-driven companies designed to make money for shareholders, online credit unions are not-for-profit, cooperative financial institutions operated by members and based entirely on the web.

In an online credit union like Quorum, profits are returned to members in the form of low fees for financial products and services. A shared sense of community provides members with peace of mind and a connection to something larger than themselves, as well as loyalty and service to other members.

Online credit unions are carefully regulated and are a safe place to store your money. Just like the Federal Deposit Insurance Corporation (FDIC) insures banks, the National Credit Union Administration (NCUA) insures credit unions.

Yes, our iOS and Android mobile banking app allow you to pay your bills, view your savings account or checking account balances and history, send secure messages, and perform transfers, anywhere, anytime. Our mobile banking app also allows you to snap pictures of your check to make a deposit anywhere, anytime.

Download the Quorum mobile banking app today to get started!

Search for “Quorum” in the App Store or Google Play, to download our app directly to your mobile device.

Quorum’s Early Direct Deposit* transfers your paycheck from your employer into your checking or savings account a few days before your actual payday (typically, between 2 -5 days earlier). To take advantage of Early Direct Deposit, you must have direct deposit set up to your Quorum checking or savings account. Once it’s set up, there’s nothing else you need to do: you’ll start seeing deposits earlier than expected!

*Early availability is not guaranteed and may vary from deposit to deposit. Funds availability depends on when we receive the payor’s payment instructions, any limitations we set on the amount of early availability, and standard fraud prevention screening. Eligible deposits are electronic deposits made through the Automated Clearing House (ACH) to your personal account including but not limited to items such as your payroll, pension, and government benefit payments. Other deposits or credits to your account, such as deposits of funds from person-to-person payment services (e.g., Zelle®, Venmo, or PayPal transfers), check or mobile deposits, and other online transfers or electronic credits are not eligible for early availability.

There are multiple ways to access your Quorum account:

Desktop/Mobile device:

• Simply visit org/login from your desktop computer 
• Search for “Quorum” in the App Store or Google Play, to download our mobile banking app directly to your mobile device. 

VoiceConnect (Quorum’s automated telephone system)

• VoiceConnect allows you to perform select transactions such as transfers, withdrawals, balance inquiries, and loan payments without speaking to a representative. You can call VoiceConnect 24 hours a day, seven days a week at (800) 874-5544 (select option 1). Click here for our VoiceConnect Menu Guide

ATMs, along with Shared Service Centers

• You can make transactions in person at over 5,000 Shared Service Centers nationwide. These are branch offices that Quorum shares with other credit unions. Plus, Quorum offers access to over 90,000 FREE ATMs, one of the largest networks in the country. Use our ATM Finder to find the free ATMs and Service Centers nearest to you. 

Our Member Services Team

• Call us at (800) 874-5544, Monday through Friday, from 8:30 a.m. – 7:30 p.m. ET for one-on-one help with your account!

Quorum Credit Union exceeds the minimum financial standards regulators require for a credit union to be considered well-capitalized. Our net worth remains at well-capitalized levels and Quorum has consistently maintained healthy levels of capital and liquidity, even through the most challenging of economic times.

Your Quorum accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

Depending on how your accounts are owned and what types of accounts you have, you can potentially increase the total insurance on your funds to greater than $250,000.

The Share Insurance Estimator, found here, can help you determine whether your accounts are established and insured appropriately. If you have already utilized the Share Insurance Estimator and still have additional questions, you can also reach out to the NCUA Consumer Assistance Center at (800) 755-1030. Representatives are available from Monday through Friday from 8 a.m. – 5 p.m. ET. You can also send an email with your questions to dcamail@ncua.gov.

If you have more than $250,00 in deposits and are concerned that your savings may not be fully insured by the NCUA, you can check the Share Insurance Estimator here to understand what is insured and what portion (if any) exceeds coverage limits.

Depending on how your accounts are owned and what types of accounts you have, you can potentially increase the total insurance on your funds to greater than $250,000 through multiple account owners or trusts with beneficiaries.

MyCreditUnion.gov contains more information about the National Credit Union Share Insurance Fund coverage for consumers.

Quorum membership eligibility is based on your affiliation with various groups within our field of membership, including partners we serve and relatives of an existing Quorum member. View the companies that have chosen Quorum here.

Eligibility can also be established by joining an association we’ve partnered with, including:

• American Consumer Council (ACC), a national organization committed to consumer education and awareness. Joining ACC is free and automatically qualifies you for Quorum membership.
• Select Savers Club (SSC) is a not-for-profit club committed to helping its members achieve their financial goals with information on spending, saving, borrowing and managing money and debt wisely. Joining SSC automatically qualifies you for Quorum membership; there is a $5 lifetime fee, which is paid for by Quorum.

Our online application will help you to determine if you are eligible, and makes the process quick and simple.

Yes, we offer first mortgages and co-op loans. 

View our mortgage page for more information.

Quorum’s ABA Routing and Transit Number is 221981335.

A routing number is a 9-digit code used to identify financial institutions in electronic transactions. You can always find our routing number in the lower left-hand corner of your checks:

You can make transactions in person at over 5,000 Shared Service Centers nationwide. These are branch offices that Quorum shares with other credit unions. Plus, Quorum offers access to over 90,000 FREE ATMs, one of the largest networks in the country. Use our Service Finder to find the free ATMs and Service Centers nearest to you.  Learn More