Effective December 1, 2011
The following schedule represents items or services which are not considered routine and usually create additional expenses for the credit union to render.
Fee/Service Description |
Fee/Service Cost |
Outgoing Wires |
$20.00 |
Incoming Wires |
$20.00 |
International Wire |
$50.00 |
Check Replacement (non-members) |
$10.00 |
Cashier's Checks
(made payable to a third party) |
$5.00 each |
Check Copy |
$1.00 |
Share Draft/ACH:
Non-Sufficient Funds (NSF) -
Stop Payment -
|
Share Draft - $28.00
ACH - $28.00
$28.00
|
NSF Transfer Fee |
$5.00 |
|
Midmonth Statement Printout
|
$5.00 |
Early Christmas Club Withdrawal |
$15.00 |
Re-issued Cards
(lost, stolen, damaged):
VISA Credit Card -
VISA Check Card -
|
$20.00
$20.00
|
VISA Credit Card Late Payment |
$25.00 |
Loan Late Fee |
$30.00 |
Share Account - Opened and closed within 6 months of opening |
$10.00 |
Research Fee |
$10.00 per hour* |
Early Redemption penalty on Certificate of Deposits |
30 days interest for
6 months
90 days interest for
12-36 months |
Dormant Fee (after the first year) |
$5.00 per month |
Returned Check |
$10.00 |
Credit Card Overlimit Fee |
$15.00 |
Account Garnishment/Levy |
$25.00 |
Visa Gift Cards |
$2.00 |
|
Safe Deposit Boxes
3 X 5 -
5 X 5 -
3 X 10 -
5 X 10 -
10 X 10 -
|
$25.00
$30.00
$40.00
$50.00
$75.00
|
* NOTE #1:
After Research and/or Account Reconciliation has been completed and the problem resulted from an error created by the credit union, these fees will be waived.
EARLY REDEMPTION PENALTY ON CERTIFICATES OF DEPOSITS:
Federal Regulation D, Section 2-135, requires financial institutions to have written policies if certificate funds are withdrawn prior to their stated maturity. The following Policies represent the Substantial Penalties required by
Chattanooga Federal Employees Credit Union on certificates redeemed prior to their stated maturity.
• If the certificate term is one year or less, the penalty is the
forfeiture of thirty (30) days interest.
• If the certificate term is greater than one year, the penalty is
the forfeiture of ninety (90) days interest.
• EXCEPT, if the certificate is withdrawn/redeemed within the first
six (6) days, the forfeiture of seven (7) days interest is required
per Federal Regulation D, Section 2-135.
|
