What is the minimum deposit to open a checking account? To open a checking account you must start with $25.00. Unlike with a savings account, your amount in checking can go below this amount once you begin using it. VFCU offers a free checking account with no monthly fees or transaction limitations and also offers a more advanced STAR account that charges an $8.00 monthly fee. Contact Us If you are interested in opening a checking account with Valley Federal Credit Union, visit one of our branches or call us at (956) 546-3108 today.