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) | $4.00 |
| *Fee waived with minimum daily balance of $400. *Fee waived for Credit Union diplomats and CU+ members. |
|
| Basic Checking | No fee |
| SelectChecking monthly membership
fee *Fee waived for Credit Union diplomats |
$4.00 |
| Non sufficient funds - each time check or preauthorized withdrawal is presented | $28.00 |
| 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. |
$28.00 |
| Microfilm copies - each check Images of checks printed from MemberNet® online banking service |
$ 2.00 No fee |
| Checks - starter kit of 8 Temporary kit of 8 Reorders |
No fee $ 1.00 (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 |
| 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 (to convert a foreign transaction into US Dollars) | 1% |
| 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) | $28.00 |
| Equity Line | |
| Stop payment | $28.00 |
| 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 and there is an $8 reinstatement fee. | |
| Bill Pay expedited payment | $9.95 |
| Bill Pay reinstatement fee | $8.00 |
| Mortgage pre-approval | No fee |
| Loan application | No fee |
| Address change | No fee |
| View and print check images | No fee |
| Check stop payment | $28.00 |
| ACH (automated clearing house) transactions | |
| NSF (non-sufficient funds) | $28.00 |
| Stop payment | $28.00 |
| ACH Payment by Phone Convenience Fee | $3.00 per payment |
| Miscellaneous | |
| AAA Group Insurance posting (each occurrence) | No fee |
| 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 | $3.00 |
| 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 | Shipping & Handling |
| Foreign currency sales | $5.00 Plus shipping & handling |
| Garnishment/levy fee | $20.00 |
| 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 | $28.00 |
| Notary service | No fee |
| Pre-Escheats notice | $25.00 |
| Preauthorized debits Non sufficient funds Stop payment |
$28.00 $28.00 |
| 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.) sales or 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 | $1.50 each (Excludes loan advance checks. No fee for members with $5,000 or more in total deposits in the account from which they are requesting the check; no fee for CU+ and SelectChecking account holders). |
| 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 (Fee is for Outgoing. No charge for Incoming) Domestic wire transfer International wire transfer |
$15.00 $30.00 |
| Western Union | Tiered fee depending on amount & destination plus a $10 UMCU processing fee. |
Your
savings federally insured to at least $250,000 and backed by the full faith
and credit of the United States Government
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.