Rates & Fees
Saving/Checking Rates
Effective March 18, 2020
|
Dividend Rates
|
| Primary Share (Savings) Account |
Tiered Dividend Rates – see below |
| Balance range $50.00 - $2,500.00 |
0.05% APY* |
| Balance range $2,500.01 - $9,999.99 |
0.15% APY* |
| Balance range $10,000.00 - $250,000.00 |
0.25% APY* |
| Vacation Club Savings Accounts |
0.05% APY* |
| Christmas Club Savings Accounts |
0.05% APY* |
| Lucky Lagniappe Savings Account |
0.05% APY* |
| Share Draft (Checking) Account |
0.10% APY* |
| Premier Share Draft (Checking) Account |
0.25% APY* - up to $25,000.00 |
| *APY represents Annual Percentage Yield. |
Term Share Rates
Effective March 18, 2020
| Term Shares with Dividends Deposited to Shares
|
| Term |
Minimum Deposit |
Annual Percentage Yield |
| 6 Months |
$1,000 |
0.20% |
| $5,000 |
0.32% |
| $10,000 |
0.37% |
| $20,000 |
0.52% |
| 12 Months |
$1,000 |
0.32% |
| $5,000 |
0.37% |
| $10,000 |
0.52% |
| $20,000 |
0.62% |
| Term Shares with Dividends Added to Principal Monthly |
| Term
|
Minimum Deposit |
Dividend Rate |
Annual Percentage Yield |
| 6 Months |
$1,000 |
0.20% |
0.20% |
| $5,000 |
0.32% |
0.32% |
| $10,000 |
0.37% |
0.27% |
| $20,000 |
0.52% |
0.53% |
| 12 Months |
$1,000 |
0.32% |
0.32% |
| $5,000 |
0.37% |
0.37% |
| $10,000 |
0.52% |
0.53% |
| $20,000 |
0.62%
|
0.63% |
Fee Schedule
Effective January 1, 2020
| SHARE/SAVINGS PROGRAM FEES: |
| Fee / Description |
Amount |
| New Member Account Fee |
$0.00 |
| Account Closure (if closed w/in 90 days of opening) |
$5.00 |
| Early Withdrawals (Club accounts) |
$10.00 / early withdrawal |
| Dormant Account (no activity after 12 months and balance is below $200) |
$5.00 / month |
| Par Value of One Share |
$50.00 |
| SHARE DRAFT/CHECKING PROGRAM FEES: |
| Fee / Description |
Amount |
| Check Printing fee |
Prices may vary depending upon style |
| NSF/Overdraft |
$35.00 |
| Stop Payment per request |
$35.00 |
| Returned Item Deposit |
$35.00 / item |
| Items sent for collection |
$35.00 / item |
| Monthly service charge |
$0.00 |
| Courtesy Pay/Courtesy Protection Fee |
$35.00 / item |
| ATM/DEBIT CARD PROGRAM FEES: |
| Fee / Description |
Amount |
| NSF/Overdraft per item |
$35.00 |
| Overdraft Protection from shares |
$5.00 / transfer |
| ATM withdrawal (at a non-cu owned atm) |
$0.00 |
| ATM/Debit card replacement |
$10.00 / replacement |
| Cards in excess of 2 (per card) |
$10.00 |
| PIN reissue per occurrence |
$0.00 |
| OTHER SERVICE FEES:
|
| Fee / Description |
Amount |
| Loan Application Fee |
$30.00 |
| Loan Late Fee |
$25 when pmt is 11 or more days late |
| ACH Origination Fee (One time occurrence) |
$10.00 |
| ACH Origination Return Fee (NSF) |
$35.00 |
| ACH Stop Payment |
$35.00 / item |
| ACH NSF/Overdraft Item |
$35.00 / item |
| Account Reconciliation |
$20.00/hour, minimum $20.00 charge |
| Account Research |
$20.00/hour, minimum $20.00 charge |
| Account Activity Print out/Statement Re-print |
$3.00 / printout |
| Cashier’s Check |
$20.00 / check |
| Deposited Item Return Fee |
$35.00 / item |
| Items sent for Collection |
$35.00 / item |
| Legal Process fee |
$50.00 |
| Third Party Teller’s check |
$10.00 / check |
| Stop Payment for Teller’s check |
$35.00 / check |
| Outgoing Domestic Wire |
$15.00 |
| Incoming Domestic Wire |
$10.00 |
| Outgoing International Wire |
$25.00 |
| Incoming International Wire |
$25.00 |
| Government Reclamations |
$50.00 |
| Escheat |
$25.00 |
| VISA Gift Cards – Members |
$1.75 / card |
| VISA Gift Cards – Non-Members |
$3.00 / card |
| Incoming/Outgoing fax for Member |
$3.00 |
| GAP insurance |
$349.00 |
| Mechanical Repair Coverage |
price available upon request |
| Loan Cancellation Fee |
$50.00 |
| Loan Modification Fee |
$10.00 |
| Levy/Garnishment Process |
$25.00 |
| Verification of Deposit |
$10.00 |
| Returned Statement/Returned Mail Fee |
$5.00 |
| Mailed Statement Fee/Account Statement Fee |
$1.00 per month |