Based on Average Daily Balance if the average is over $50.00
Paid Quarterly
Only 6 transfers or automatic withdrawals a month, Per Reg D
Share Draft Checking:
Minimum balance to open is $50.00
There is no limits on deposits/withdrawals
No Dividends paid on this account
Premium Account
Minimum to open is $2500.00
Has to be opened within the first 14 days of each quarter
Dividend Rate .35% or as set by Board of Directors
Dividends paid quarterly
Not linked to debit card, or checking account
Special Account
Minimum to open is $5.00
Extra savings account, not linked to debit card or checking account
Christmas Club
Minimum to open in $5.00
Only can open in January
Cannot withdraw until October 1st
No dividends paid
No transfers allowed online with this account
Fees that can apply to accounts:
Insufficient fund fee $25.00 per item
Paid Overdraft fee $15.00 per item
Stop Payment Fee $25.00 per item
Check Copy Fee $2.00 per item
Account Reconciliation Fee $20.00 per hour
ACH Return/Stop Payment Fee $25.00 per item
Statement Copy Fee $1.00 per page
Return Deposit item fee $25.00 per item
Check Printing Fees $1.00 per page
Loan Late Fee $25.00 after 30 days
Inactive Share account fee if below $50.00 , $5.00 per month
Check not made out to member $1.00 per check
Account Closure
Any account may be closed at the sole discretion of the Credit Union. Abuse of your account privileges constitutes grounds for closure of the account.
Inactive account
An account with no activity for 12 or more months, including deposits and withdraws
