IMPORTANT ACCOUNT INFORMATION FOR OUR MEMBERS
From
Members United Federal Credit Union
3404 Monroe Street
LaPorte, IN 46350
(219) 362-2741
COMMON FEATURES |
Bylaw requirements - You must complete payment of one share into your Share
Savings account(s) as a condition of admission to membership. The par value of a share is $25.00. |
Balance requirements - If at any time your balance falls below the par value of one
share and you do not increase the balance to at least the par value of one share within
one year of the reduction, you may be terminated from membership. |
National Credit Union Administration Insurance - This credit union is federally
insured by the National Credit Union Administration. |
Limits and fees - The following fees may be assessed against your account and the
following transaction limitation, if any, apply to your account: |
| |
| Replace Lost Debit Card |
$ 5.00 |
| ATM Cash Withdrawal (1ST FIVE FREE) |
$ 1.00 |
| Visa Debit Card non-US Transaction fee |
1% of total charge |
| Draft Printing |
fee depends on style of draft ordered |
| Cashiers draft |
$ 2.00 |
| Money Order |
$1.00 |
| Coin handling fee (Wrapped or loose) |
5% of counted value |
| VISA Gift Card |
$3.50 |
| VISA Travel Money Card -- Reloads only $2.00 |
$3.00 - $5.00 |
| VISA Reloadable Debit Card -- Reloads only $2.00 |
$3.00 - $5.00 |
| Negative Balance Fee (Assessed if less than $ 25.00 negative) |
$ 10.00 |
| Overdraft Transfer Fee (One per month FREE OF CHARGE) |
$ 5.00 |
| Nonsufficient Funds Item (each) |
$ 30.00 |
| Nonsufficient Funds ATM/Debit Withdrawal |
$ 30.00 |
| Nonsufficient Funds ACH |
$ 30.00 |
| Deposited Items Returned Unpaid |
$ 25.00 |
| Account Activity Printout (Per page fee) |
$ 1.00 |
| Account Research (Per hour) |
$ 20.00 |
| Copy of Statement (Per page fee) |
$ 1.00 |
| Stop Payments All Items (Free for stolen items) |
$ 20.00 |
| Coin processing fee |
5% of total coin counted |
| Domestic Outgoing Wires |
$ 15.00 |
| Domestic Incoming Wires |
$10.00 |
| Western Union-Domestic |
$ 20.00 |
| Western Union-International up to $ 500.00 |
$ 20.00 |
| Western Union-International $ 501.00 and up |
$ 45.00 |
| Closed account fee (within 1st 90 days) |
$ 25.00 |
| Closed account fee (within 180 days after reopen) |
$ 25.00 |
| Photocopy fee (per page) - 1st 10 free |
$ 0.25 |
| Copy of Share Draft Check |
$ 2.50 |
| Check Cashing Fee (Fee waived if balance in share savings account is more than $50 or if member is utilizing any other service the credit union offers) |
$ 5.00 |
| Fax Fee Domestic (Per page fees) |
$ 1.00 |
| Fax Fee International (Per page fees) |
$ 2.00 |
| Returned Mail Fee (Per occurance) |
$ 1.00 |
| Dormant Account Fee (An account is considered dormant if for one year 1. there were no dividends 2. no deposits or withdrawals 3. no communication about the accounts and/or 4. statements returned with no forwarding address) |
$ 5.00 |
| Premium Savings Account Fees - Excess withdrawal fee (3 free per month; thereafter) |
$ 10.00 |
| Premium Savings Account Fees - Below minimum balance (per month) |
$ 10.00 |
| Early Christmas Club Withdrawal |
$5.00 |
| Low Balance Fee (per item - Members Maxx & Premium Savings accounts) |
$5.00 |
