Fees and Disclosures

Share Draft Account Fees
Share Transfer Fee (per occurrence) $5.00
Courtesy Pay (per item) $25.00
NSF Fee (per item) $25.00
Returned Item Fee (ACH) $25.00
Deposited Item Return Fee (per item) $15.00
Stop Payment Fee (per occurrence) $35.00
Account Reopen Fee $20.00
Dormant Account Fee* (per month) $10.00
Initial Debit Card Issue Fee (per card) $5.00
Replacement Debit Card Fee (per card) $10.00
Non-Member Check Cashing Fee $5.00 or 5% of check amount whichever is higher
Check Cashing Fee for Members** $5.00 or 5% of check whichever is higher
Cashier's Check Fee $5.00 per check
Returned Paper Statement Fee $5.00 per statement
Savings Excessive Withdrawal Fee (Reg. D) (per month)*** $15.00
Loan Services Fees
Loan Application Fee $20.00  
Loan Skip-A-Pay Fee (per payment) $35.00  
Other Service Fees (applicable to all accounts)
Copies/Printouts (per page) $1.00
Fax (Long Distance) (per page) $1.00
Bank Bags $5.00
Wire Transfers - Domestic (per item) $25.00
Wire Transfers - International (per item) $45.00
Money Orders (per item) $1.50
Account Reconciliation Fee $10.00 per hour, minimum charge $5.00.
Statement Copy Fee $1.00 per page.
Credit Union Membership
Membership Share $5.00 par value.

The rates and fees appearing in this Schedule are accurate and effective for accounts as of January 1, 2016. If you have any questions or require current rate and fee information on your accounts, please call the Credit Union.

*After 12 months or cycles of no activity in account.

**Applies only to accounts with balances less than $100.00.

***Fee applies after 4th withdrawal from Savings account within a month.


Savings and Share Draft Accounts
Except as specifically described, the following disclosures apply to all of the accounts. All accounts described in this disclosure are share accounts.
  1. Rate information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For Regular Share, Second Share, Christmas Club and IRA accounts, the Dividend Rate and Annual Percentage Yield may change quarterly as determined by the Credit Union's Board of Director's. For Monthly Dividend and Share Draft Accounts, the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Credit Union's Board of Director's. The Dividend Rates and Annual Percentage Yields are the rates and yields as of the last dividend declaration date which is set forth in the Rate Schedule. The Regular Share and Second Share accounts are Tiered Rate accounts. If your account balance is $9,999.99 or below, the first Dividend Rate and Annual Percentage Yield listed for this account in the Rate Schedule will apply. If your account balance is $10,000.00 or greater, the second Dividend Rate and Annual Percentage Yield listed for this account will apply. Once a particular balance range is met the Dividend Rate and Annual Percentage Yield for that balance range will apply to the full balance of your account.
  2. Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period.
  3. Dividend Compounding and Crediting. The compounding and crediting of dividends and dividend period applicable to each account are set forth in the Rate Schedule. The Dividend Period is the period of time at the end of which an account earns dividend credit. The Dividend Period begins on the first calendar day of the period and ends on the last calendar day of the period.
  4. Accrual of Dividends. For all accounts, dividends will begin to accrue on non cash deposits (e.g. checks) on the business day you make the deposit to your account. For all accounts, if you close your account before accrued dividends are credited, accrued dividends will not be paid.
  5. Balance Information. The minimum balance requirements applicable to each account are set forth in the Rate Schedule. For Monthly Dividend accounts, if the average daily balance falls below $40,000.00 for two connective months, the account will be closed and the balance transferred to your regular share account (rate will revert to the regular share rate). For Share Draft accounts, there is a minimum average daily balance required to obtain the Annual Percentage Yield for the dividend period. If the minimum average daily balance is not met, you will not earn the stated Annual Percentage Yield. For all accounts using an Average Daily Balance method, dividends are calculated by applying a periodic rate to the average daily balance in the account for the period. The average daily balance is determined by adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period.
  6. Account Limitations. For Regular Share, Second Share and Monthly Dividend accounts, no more than six (6) preauthorized, automatic, or telephone transfers may be made from these accounts to another account of yours or to a third party in any month, and no more than three (3) of these six (6) transfers may be made by check, draft, or debit card to a third party. If you exceed these limitations, your account may be subject to a fee or be closed. For a Christmas Club account, the entire balance will be paid to you by check or transferred to another account of yours on or after November 1 and the account will remain open. If you withdraw any of the account balance at any time, we will close your account and pay you the full account balance. You may make transfers or withdrawals in the first seven (7) days after the account is opened without restriction. For IRA and Share Draft accounts, no account limitations apply.
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