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Rates and Fee Schedule
The rates appearing below are accurate as of the last dividend declaration date, or as of the date indicated above. If you have any questions or require current rate information on your accounts, please call the Credit Union at (864)223-9135.
| Share Account Type |
|
Share Savings |
IRA |
Vacation Club |
Christmas Club |
Checking |
|
|
|
|
| |
| Dividend Rate |
.25% |
1.00% |
.25% |
.25% |
.25% |
| Annual Percentage Yield ('APY') |
.25% |
1.04% |
.25% |
.25% |
.25% |
| Dividends Compounded |
Quarterly |
Quarterly |
Quarterly |
Quarterly |
Monthly |
| Dividends Credited |
Quarterly |
Quarterly |
Quarterly |
Quarterly |
Monthly |
| Dividend Period |
Quarterly |
Quarterly |
Quarterly |
Quarterly |
Monthly |
| Minimum Opening Deposit |
$25.00 |
N/A |
N/A |
N/A |
N/A |
Minimum Balance to Avoid
Service Charge and to earn APY set forth in this Schedule |
$100.00 to
earn APY |
$100.00 to
earn APY |
$100.00 to
earn APY |
$100.00 to
earn APY |
See Checking Brochure | |
The Par Value of a Membership Share is $25.00 |
| Time and IRA Certificate Accounts |
Certificate &
IRA Certificate |
Preferred Certificate &
Prestige IRA Certificate |
|
| |
| Minimum Opening Deposit |
$500.00 |
$500.00 |
| Dividends Compounded |
Quarterly |
Quarterly |
| Dividends Credited |
Quarterly |
Quarterly |
| Dividend Period |
Quarterly |
Quarterly |
Dividend Rate/Dividend Annual
Percentage Yield ('APY') |
Rate/APY |
Rate/APY |
| Six Months (pays semi-annually) |
call for current rates |
Follow Same |
| One Year |
|
Rate As |
| Eighteen Months |
|
Regular CD |
| Two Years |
|
Rate | |
| |
|
Credit To Accounts For Member Deposits and Business Day Disclosure |
| The Credit Union's 'daily cut-off time' |
All deposits or transactions received after the time we close for business on a day we are open or received after we open our Night Depository, or received on a day on which we are closed for business, will be treated as if received on the next business day that we are open. Our business hours are listed below. |
The Credit Union's 'daily cut-off time' for Uniform Commercial
Code Funds Transfers |
Any dollar amount may be transferred until 1:00 p.m., on a business day. Any request for a transfer after 1:00 p.m., will be sent on the next business day we are open. |
| The Credit Union's business day disclosure |
Our business days are Monday through Wednesday 8:30 a.m. to 5:00 p.m., and 8:30 a.m. to 5:15 p.m. on Thursday and Friday, excluding holidays. Our Night Depository is opened at 8:30 a.m. daily. (Deposits made after 9:00 a.m. or on a day we are not open will be processed on the next business day we are open). |
| Stop Payment Orders |
The Credit Union will not be obligated to take any action on a valid and appropriate Stop Payment Order received by us after 1:00 PM on a business day until after we open for business on the following business day. |
|
Fees and Service Charges For All Accounts and Services |
|
|
|
|
| |
| Returned item fee (per item) |
$30.00 |
Insufficient funds draft fee (per item) |
$30.00 |
| Research on account (per hour) |
$20.00 |
Closing Share account within 6 mo of
joining |
$10.00 |
| Check copy fee (per item) |
$3.00 |
Returned statements due to incorrect
address |
$2.00 |
| Check cashing fee = non checking account |
$3.00 |
To open a share account |
$25.00 |
Statement copy fee
(per statement/printout) |
$3.00 |
Deposit items in excess of 10 (per item) |
$.35 |
Check request or Certified check fee
(per draft) |
$3.00 |
Check printing fee (per 150 drafts and
deposit) |
Varies |
| Wire transfer fee (per transfer) – incoming |
$15.00 |
Checking account fee
No check checking
Emerald Jewel |
$5.00 |
Wire transfer (USA) fee (per transfer) –
outgoing |
$15.00 |
Legal process tax levies, garnishments,
etc. (per occurrence) |
$25.00 |
Wire transfer (international) fee
(per transfer) |
Actual Cost |
Christmas Club withdrawal fee
(per withdrawal) |
$10.00 |
| Photo Copy (over 2 per month per item) |
$3.00 |
Member fax per page |
$1.00 |
Excessive share savings transaction fee
(over 2 withdrawals per month) |
$7.50 |
Gift Card |
$2.50 |
| Money order fee (per money order) |
$1.00 |
Reloadable Gift Cards |
$3.00 |
| Stop payment request fee (per request) |
$20.00 |
Member
Copier Charge |
$.25 |
Inactivity/Dormancy fee (per month
after 12 months without activity |
$5.00 |
Card
Capture due to misuse |
$25.00 |
Third party check cashing fee:
The Credit Union may charge a third
party
a fee for any inquiry or cashing a check
drawn by our Member on us. |
$10.00 |
|
| |
| |
| Notary Service |
Free |
ATM transaction fee
(per transaction over two per month |
$.75 |
| Direct Deposit |
Free |
ATM password / PIN reissue |
$5.00 |
| ATM card replacement |
$7.50 |
ATM point of sale |
Free |
| Fee for a check to be mailed |
$1.00 |
Closing a Club account within 90 days of
opening |
$15.00 |
| |
|
Card
Capture due to misuse |
$25.00 |
| Internet banking fee with checking account |
Free |
Bill payment (per month)
up to 15 transactions
($.45 per additional transaction) |
$5.00 |
| |
|
Internet banking password reset |
$5.00 |
|
