There is no monthly service fee associated with the Free Checking account. Certain account activity fees still apply, including but not limited to outgoing wire transfer and stop payment fees. Please see MOTrust Service Fees for a full list of associated fees.

Access to PenFed's ATM network -- MOTrust, Allpoint and Co-op -- will be free. This includes both withdrawal and balance inquiry. PenFed will not charge an out-of-network ATM fee, but out-of-network ATM fee may be levied by the financial institution that owns the ATM, and fees will vary depending on the financial institution that owns the ATM.

1. Electronic Funds Transfer - You can initiate an electronic funds transfer at MOTrust to deposit funds from an external bank account. All you need is the ABA routing number and account number of the other institution. MOTrust routing number is 256078446.

2. Mobile Deposit – You can download our mobile app and use Mobile Deposit.

3. Internal Transfer from your MOTrust account.

4. Mail - You can mail in a check (with your account number written on the check) to: MOTrust, Box 247009, Omaha, NE, 68124-7009.

You can withdraw money from your account in the following ways:
No-fee cash withdrawals at 85,000+ ATMs through Allpoint Network, Co-op Shared Branch Networks and MOTRUST * Branches in the US
Use your debit card for purchases
Online transfer to an external bank account
Use online bill pay
Write a check
Wire transfer