Schedule of Fees & Charges
Effective: March 18, 2022
Checking/Savings
| Account Type | Fee Amount |
|---|---|
| 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 | $16.00/month Waived with $1,000.00 Minimum Daily Balance |
Account Maint.
| Fee Description | Fee Amount |
|---|---|
| Return Mail Fee | $5.00 |
| 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 Reconciling Fee (per hour-minimum one hour) |
$25.00 |
Debit Card
| Fee Description | Fee Amount |
|---|---|
| ATM Transaction Fee (MCFCU ATM) |
Free |
| Balance Inquiry (at foreign ATM’s) |
$0.50 |
| ATM Withdrawal (after 6 per month at foreign ATM’s) |
$2.00 |
| Replacement for lost or damaged card | $12.00 |
| Rush Order – Replacement | up to $150.00 |
Credit Card
| Fee Description | Fee Amount |
|---|---|
| Credit Card Annual Fee | None |
| Credit Card Late Payment Fee | Up to $30.00 |
| Credit Card Return Payment Fee | Up to $30.00 |
Wire
| Fee Description | Fee Amount |
|---|---|
| Incoming | $20.00 |
| Outgoing | $30.00 |
| International | $50.00 |
Misc
| Fee Description | Fee Amount |
|---|---|
| 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 | $15.00/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 |
| International Collections Incoming/Outgoing |
$25.00 Plus any additional fees assessed by the other financial institution |
| Non-Member Check Cashing Fee | $6.00 |
| Loan Payment Using Debit/Credit Card | 3.5% of overall payment |
| Loan Payment Using Check by Phone | $5.00 |
| Notary Service (Member) | $7.00 per stamp |
| Fax Service | $8.00 |
| Duplicate Lien Release | $6.00 |
| Domestic Collections (Incoming/Outgoing) |
$15.00 Plus any additional fees assessed by the other financial institution |
| 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) |
$50.00 |
| Verification of Deposit | $15.00 |
| Loan Extension Fee | $25.00 |
