The following fees, if applicable, will be deducted from your savings account.
SAVINGS ACCOUNTS
| Membership Fee |
$ 3.00 |
| Closing account within 6 months of opening |
$ 20.00 |
| Account balance under $50 minimum after 3 months notice |
$ 5.00 per month |
CHECKING
ACCOUNTS
| Initial order of checks |
FREE |
| Check reorder1 |
Vary depending on style |
| Check copies1 (12 free per year) |
$ 2.00 |
| Stop payment1: |
● One
● Series |
$ 7.50
$ 15.00 |
| Certified draft |
$ 4.00 |
| Insufficient funds1 |
$20.00 |
| Account reconciliation |
$15.00 per hour |
| 1
Fees also apply to Money Market Accounts |
|
BONUS SHARE ACCOUNTS
| More than 1 withdrawal or transfer per month |
$ 25.00 each |
VISA
| Lost/Stolen Card |
$ 20.00 |
| Express Mail Service of new card
|
$ 18.00 |
| Returned check2 |
$ 10.00 |
| Over the limit2 |
$ 10.00 |
| Late payment2 |
$ 10.00 |
| Copy of charge slips |
$ 2.50 |
| Temporary credit increase |
$ 10.00 |
| International Transaction Fee
|
Actual cost incurred by RFCU |
| 2
Fees do not apply to Visa credit cards
issued under our Yes$ program for young adults. |
MASTERMONEY DEBIT CARDS
| Monthly service fee |
FREE |
| MasterMoney debit card reissue fee |
$ 2.00 |
RIVERFRONT ATM CARDS – MONTHLY SERVICE FEE
| Any account with total credit union funds on deposit of $250 or more3 |
FREE |
| Any account with a loan at Riverfront |
FREE |
| Any account with a Riverfront Visa Card |
FREE |
| All other accounts |
$4.00 |
| 3 Total credit union funds on deposit is the
total of all balances in share accounts (savings, club accounts, money
market accounts, etc.), checking account and certificates at the end of the
month. |
FEES APPLICABLE TO BOTH RIVERFRONT ATM CARDS AND MASTERMONEY
DEBIT CARDS4:
| Withdrawal under $25 at an ATM5
|
$ .75 |
| Each withdrawal made over 6 in a month at an ATM5
|
$ .75 |
| Each withdrawal and transfer made at an
ATM where the transaction is routed by the ATM owner through the PLUS
Network |
$ 1.50 |
| Balance Inquiry5
|
$ .25 |
| Additional card requested, including a
card ordered to change your PIN |
$ 2.00 |
| Returned Item Fee |
$ 5.00 |
| Overdrawing your account6 |
$ 20.00 |
| International Transaction Fee
|
Actual cost incurred by RFCU |
| 4
When you use
an ATM not owned by Riverfront, you may be charged a fee by the ATM operator
or by the ATM network through which the transaction is routed. |
| 5
Transactions
performed using a Riverfront ATM or debit card at an ATM owned by Riverfront
are not subject to these fees. |
| 6
Fee assessed
for the day of occurrence. Deficiency balance is due and payable
immediately. If not paid, reasonable collection costs and attorney fees may
also be assessed. |
DIAL DIRECT (Automated Telephone Access Service)
| Each call made in excess of 12 per month
|
$ .75 |
PAY DIRECT (Electronic Bill Payment Service)
| Monthly service fee |
$ 4.95 |
| Return check due to member (subscriber) error
|
$ 20.00 |
| Check copy |
$ 7.00 |
| Stop payment |
$ 10.00 |
| Overnight carrier delivery charge per item |
$ 15.00 |
| Research fee for items over eight (8) months old |
$ 25.00 |
ACH
| Item returned for insufficient funds |
$ 20.00 |
| Stop payment for ACH Debit |
$ 5.00 |
LOANS
|
Cancellation Fee
|
$ 5.00 plus costs incurred by
RFCU |
| Credit report (Individual) |
$ 6.00 |
| Credit Report (Joint) |
$ 8.00 |
| Late Charge – Consumer Loan (10 days after
payment due date) |
3% of scheduled loan payment |
Late Charge – Dealer Direct Auto Loans
(10 days after payment due date) |
2% of scheduled loan payment |
| Refinance $50.00 or 1% of
balance refinanced, whichever is higher, maximum $100.00 |
| Home Equity
|
● Property Search
● Flood Certification
● Property Valuation
● Mortgage Satisfaction
● Mortgage Filing |
Actual cost Incurred by RFCU
Actual cost Incurred by RFCU
Actual cost Incurred by RFCU
Actual cost Incurred by RFCU
Actual cost Incurred by RFCU |
| Express Line of Credit Advance less than $50 |
$ 5.00 |
| Note: The credit union may waive certain loan
fees under the conditions set forth under Loan Guidelines or upon approval
by the President/CEO for loan promotions. |
MISCELLANEOUS
| Cashing non-member’s payroll
check(s) |
$ 3.00 per check |
| Special Deliveries (Airborne,
UPS, Federal Express, Etc.) |
Actual cost
incurred by RFCU plus $2.00 |
| Incoming wire transfers |
FREE |
| Outgoing wire
transfers: |
|
Domestic (inside United States) |
$
17.00 |
|
International (outside United States) |
Actual
cost incurred by RFCU plus $5.00 |
| Process IRS Levy |
$ 40.00 |
| Money orders |
$
1.00 |
| Returned check
from bank |
$
5.00 |
| Application for
duplicate car title |
$
35.00 |
|
Copies of statements
|
$ 1.00 per periodic statement |
| Fax
transmissions and receptions (Charge is for members fax requests not
associated with credit union business) |
$
2.00 first page
$ 1.00 each additional page |
| Post office notification of
incorrect address (Fee charged when credit union is notified by post office
of an incorrect address) |
Actual cost
incurred by RFCU |
|
Travelers Checks Fees: |
● Basic
Travelers Checks
● Checks for Two
● Gift Checks Free |
FREE
$1.00 for every $100.00
$1.75 per check |
| Delivery fee for travelers checks
purchased through the Travel Funds Direct Program |
Actual cost
incurred by RFCU plus $2.00 |
NEGATIVE BALANCES
Members causing a negative balance to occur in any of their accounts are
responsible to pay all costs incurred by the credit union in collecting such
indebtedness including attorney’s fees of 20% of the balance due or such greater
amount as may be reasonable and just, including those costs, expenses and
attorney’s fees incurred in an appellate proceeding.
PHOTOCOPIES
The credit union will provide ten (10) free photocopies per day to members.
Photocopies in excess of ten (10) per day will be charged at the rate of $.10
each. Requests from non-profit organizations will be reviewed by management on
an individual basis.
Fees listed are accurate as of 04/04/05
