Rates & Fees
Please call the Credit Union to get up to date Dividend Rates and Certificate Rates at 704-868-0890.
Savings, IRA's, Christmas Club, Checking
| Dividend Rate | Please call for current rate |
|---|---|
| Dividends Compounded | Quarterly |
| Dividends Credited | Quarterly |
| Dividend Period | Quarterly |
| Minimum Opening Deposit | $20.00(effective 7/1/14) |
| IRA Interest Rate | 3.00% |
A savings account must be opened with a minimum of $20.00 to be eligible for any other services.
Certificate Accounts
| Term | Current Rate |
|---|---|
| 6, 9 & 12 months | 4.00% |
| 24 months | 3.00% |
| 36 month CD | 3.00% |
| 48 month CD | 3.25% |
| 60 month CD | 3.50% |
Minimum Deposit for Certificate Accounts is $1,000.
Credit To Accounts For Members Deposits:
All deposits or transactions received before 4:00PM on any given business day will be credited as that day’s transaction.
Our business days are Monday through Friday 9:00am to 5:00pm, excluding holidays. Our Audio Response (LARS) is available 24 hours a day.
Fee Schedule
| Savings Account | Fees |
|---|---|
| Primary and Dependent Savings Accounts Excessive Withdrawl Fee |
$5.00 per withdrawal after Five (5) withdrawals per month |
| Christmas Club Early Withdrawl Fee | Loss of all interest earned. $10 fee for withdrawal |
| IRA Early Closure Fee | $25.00 to close account without a 30 day notice unless covered by normal restrictions |
| CD Early Closure Fee | $25 plus interest earned |
| Share Draft Account | Fees |
| Overdraft Transfer Fee | $0.00 |
| NSF Fee | $10.00 per item |
| Returned Item Fee | $15.00 per item(effective 7/1/14) |
| Stop Payment Fee | $25.00 per item |
| Checking Printing Fee | Prices depend on style |
| Acct Reconciliation Fee | $10.00 per hour |
| Researching Account Fee | $2.00 per request |
| Telephone Balance Request Fee | free |
| Computer Printout Before Statement Fee | $5.00 per account |
| Copy of Check Fee | $2.00 per copy |
| Other Service (Applicable to all accounts) | Fees |
| Inactive Account | $5.00 per month after 1 year |
| Replacement Debit Card | $5.00 |
| Skip a Payment | $20.00 / loan |
| Loan Late Fee | $15.00 / month after 10-day grace period |
| Wire Transfer Fee | $15 per transfer |
| Cashiers Check | $2.00 |
| Express Mail - Next Day | $30.00 |
| Returned Mail/Statement | $5.00 / month |
| Garnishment/tax levy | $20.00 |