Fees

Schedule of Fees & Charges
Effective: January 1, 2015

Checking/Savings

Share Draft/Checking Account Fees
Basic Checking $6.00/month
Waived With Average Daily Balance of $500.00
Business Checking $16.00/month
Waived with $1,000.00 Minimum Daily Balance
Money Market Saver $12.00/month
Waived with $1,000.00 Minimum Daily Balance

 

Account Maint.

 

Account Maintenance
Return Mail Fee $4.00
Insufficient Funds Charge-Returned
(this includes VISA Debit Card, ACH, Bill Pay and other related devices)
$35.00
Uncollected Funds Charge
(this includes VISA Debit Card, ACH, Bill Pay, and other related devices)
$35.00
Overdraft Protection Transfer Fee
(from Line of Credit)
$5.00 per transfer
Deposited Checks Returned – 3rd Party $25.00
Deposited Checks Returned
(Member Account at Another Institution)
$30.00
Stop Payments (per item)
includes member check, teller check, bill pay and ACH
$35.00
Legal Processing
(garnishment, levy, etc.)
$100.00
Forced-Place Collateral Protection Insurance $50.00
Holiday Club Early Withdrawal Fee $25.00
Account Re-Opening Fee $20.00
Account Reconciling Fee
(per hour-minimum one hour)
$25.00

 

Debit Card

 

Debit Card Fees
ATM Transaction Fee
(MCFCU ATMs)
Free
Balance Inquiry
(at foreign ATM’s)
$0.50
ATM Withdrawal
(after 3 per month at foreign ATM’s)
$2.00
Replacement for lost or damaged card $12.00
Rush Order – Replacement up to $100.00

 

Credit Card

Credit Card Fees
Credit Card Annual Fee None
Credit Card Late Payment Fee Up to $30.00
Credit Card Return Payment Fee Up to $30.00

 

Wire

Wire Transfers
Incoming $20.00
Outgoing $30.00
International $50.00

 

Misc

 

Miscellaneous Member Services
Initial Membership Entrance Fee $5.00
Account Reconciling Fee
(min one hour)
$25.00 per hour
Statement Copy Fee
(per statement)
$8.50
Official (Teller) Checks $5.00
Official Check Stop Payment
(lost, stolen, or destroyed)
$35.00
Dormant – No activity for one year $10.00/quarter
Telephone Inquires by Teller $2.00
Telephone Transfers by Teller $3.00
Account Closed Within 90 Days of Opening $15.00
Excessive Share Withdrawals
(over 6 per month)
$6.00
Travelers Cheques
Standard Cheques
2 Signature Cheques
1% of Total
1.50% of Total
Non-Member Check Cashing Fee $6.00
Loan Payment Using Debit/Credit Card 3% of overall payment
Loan Payment Using Check by Phone $5.00
Notary Service (Member) $2.00 per stamp
Fax Service $8.00
Duplicate Lien Release $6.00
Domestic Collections
(Incoming/Outgoing)
$15.00
IRA Set-Up Fee $12.00
IRA Transfer/Closeout Fee
(per transaction)
$25.00
Account Research Fee $25.00
Check Copy Fee $15.00 per check
Indirect Lending Processing Fee $30.00
Loan Application Fee No Fee
Escheat Fee
(After Three Years of Inactivity)
$25.00
Verification of Deposit $15.00
Loan Extension Fee $25.00