I do this. The biggest drawback for me with this is that many online services are using plaid or equivalent for setting up payments and my local credit union is

I do this. The biggest drawback for me with this is that many online services are using plaid or equivalent for setting up payments and my local credit union isn’t on their radar. I can do it, eventually, but you have to find the screen that allows the small transfer verification method, which takes days to set up. A lesser drawback is that there are other virtual checking accounts that pay almost 5% interest and that means that the cost of having a credit union account can be bigger than expected. We have just $7000 in one of those virtual checking accounts and it paid over $20 last month. I say this as lesser because it’s always possible to move money from checking into investments, it’s just much easier when it happens without any friction.