Fee Schedule
As a non-profit financial cooperative, we believe all members have a responsibility to share reasonable costs. Fees are charged to members using specific services, rather than the total membership incurring the costs. The following is a list of current fees and related services.
| Activity | Fee |
| Checking Accounts | |
| Interest Checking (monthly maintenance) | $8.00 |
| *Fee waived with minimum daily balance of $400 or more. *Fee waived for Credit Union Diplomats and CU+ members. |
|
| Basic Checking | No monthly account fee |
| SelectChecking monthly membership
fee *Fee waived for Credit Union Diplomats |
$4.00 |
| Non sufficient funds - each time check or preauthorized withdrawal is presented | $30.00 |
| Stop payment (per stop order) Please note that a stop payment made using TellerPhone (telephone teller) or MemberNet online banking is valid for two weeks. Before the two-week expiration date, you will receive a form from the credit union that you can use to authorize an extension of the stop payment for up to 6 months. You need to sign the form and return it to UMCU. |
$30.00 |
| Microfilm copies - each check Images of checks printed from MemberNet® online banking service |
$ 2.00 No fee |
| Temporary kit of 4 Reorders |
$ 2.00 (cost based on style ordered) |
| Inactive checking | $2.00 per month |
| Overdraft protection
Preauthorized transfers from savings Preauthorized transfers from Visa |
$2.00 No fee |
| Savings Accounts | |
| Money Market Savings (monthly maintenance) | $5.00 |
| *Fee waived with minimum daily balance of $500 or more. | |
| ATM Cards | |
| Visa Check Card | |
| Sales draft copy fee | $10.00 |
| Initial card | No fee |
| Second card (joint account) | No fee |
| Replacement card | $5.00 |
| Reinstatement fee | $15.00 |
| International Service Fee (to convert a foreign transaction into U.S. Dollars) | 1% |
| International Service Fee (for purchases made with U.S. dollars for merchants outside the U.S.) | 0.8% |
| The $1.00 fee for using non-UMCU ATMs will be waived for the first four
transactions each month for all members in good standing. Transaction fees are
separate from the surcharge fees that a non-UMCU ATM's owner may charge you. $1.00 fee waived for CU+ members |
$1.00 |
| Overdraft transfer fee:
Savings Visa loan Another checking Overdraft protection loan |
$2.00 No fee No fee No fee |
| Copy of statement prior to last statement | $2.00 |
| CU24 Card (distributed only to UMCU accounts with savings but no checking) | |
| International Service Fee (for purchases made with U.S. dollars for merchants outside the U.S.) | 0.8% |
| Initial card | No fee |
| Second card (joint account) | No fee |
| Replacement card | $5.00 |
| Reinstatement of suspended card | $15.00 |
| Non-UMCU ATM transaction fee
(plus any applicable surcharge fees) $1.00 fee waived for CU+ members |
$1.00 |
| Service Centers | |
| Non sufficient funds (each occurrence) | $30.00 |
| Equity Line | |
| Stop payment | $30.00 |
| Copy of loan check | $2.00 |
| TellerPhone | No fee |
| Fax Service | $1.00 |
| MemberNet® Online Banking | |
| Transactions | No fee |
| Fax service | $1.00 |
| Bill Pay* | No fee |
| * After 60 days of inactivity, bill pay may be cancelled. | |
| Bill Pay expedited payment | $9.95 |
| Mortgage pre-approval | No fee |
| Loan application | No fee |
| Address change | No fee |
| View and print check images | No fee |
| Check stop payment | $30.00 |
| ACH (automated clearing house) transactions | |
| NSF (non-sufficient funds) | $30.00 |
| Stop payment | $30.00 |
| ACH Payment by Phone Convenience Fee | $3.00 per payment |
| Miscellaneous | |
| Share Account (UMCU) closing within 90 days | $10.00 |
| Account history Current month or previous month printed history. Printed histories prior to previous month. |
$1.00 $2.00 |
| Account maintenance - share/savings accounts: *for accounts with a balance of less than $100 AND no activity for six months AND without related savings or loans sub-accounts. (Waived for minors under 18.) |
$5.00/month |
| Account research (per hour) | $15.00 |
| Check cashing fee for non-members of UMCU | $5.00 |
| Copy of statement (prior to last one) | $2.00 |
| Copy of cashier's check | $2.00 |
| Deposit items returned (per item) | $10.00 |
| Foreign currency deposit | $3.00 for deposits under $1,000 |
| Foreign currency sales | $5.00 Plus shipping & handling |
| Garnishment/levy fee | $40.00 |
| Holiday savings account withdrawal fee (for each withdrawal or transfer made before November 1) | $5.00 |
| Invalid address | $2.00 per month |
| Late loan payment (30 days or more past due) | 20% of interest due |
| Lien verification per month | $10.00 |
| Loan payment returned | $30.00 |
| Notary service | No fee for members |
| Paper Statements (effective 1/1/2011) | $1 per month |
| Pre-Escheats notice | $25.00 |
| Preauthorized debits Non sufficient funds Stop payment |
$30.00 $30.00 |
| Professional advisory service (each half
hour) *First half-hour visit free to CU+ members) |
$20.00 |
| Refinance fee - secured loans. Some exclusions apply. | $25.00 |
| Savings bonds (U.S.) redemption | No fee |
| Signature guarantee service | No fee |
| Traveler's checks | 1.5% of sale (no fee for CU+ members and SelectChecking account holders) |
| Traveler's checks (foreign) | 1.5% of the sale |
| Traveler's checks for two | 1.5% of sale (no fee for CU+ members and SelectChecking account holders) |
| Cashier's check | $4.00 each (One free per month per member with $5,000 or more in total deposits in the account from which they are requesting the check. Excludes loan advance checks.) |
| Visa Gift Card |
Purchased in Branch: $5.95 Purchased Online: Value of $25-$250: $5.95 Value of $251 - $1,000: $7.95 |
| Wire and cable transfer of funds Incoming wire transfer Outgoing wire transfer International wire transfer |
$7.00 $20.00 $35.00 |
| Western Union | Tiered fee depending on amount & destination plus a $10 UMCU processing fee. |
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Mortgage loan services provided by MemberFirst Mortgage LLC (NMLS #149532)
and UMCU (NMLS #712343)