DCTFCU Fees

Effective June 1, 2011

Savings Rates | Certificate Rates | Loan Rates | Fees

Dormant Share Accounts (12 months)	$5.00 monthly
Regular Share Account less than Par Value ($50)	$2.00 monthly
Excessive Withdrawal of Shares (over 2 per month)	$5.00 each
Accounts Closing Within 6 months of Opening	$10.00 each
Deposited Checks Returned	$30.00 each
Statement Reconciliation/ Account Research Fee (assistance per hour)	$15.00 per hour
Undeliverable/Returned Mail	$5.00 monthly
Member Privilege	$30.00 per item
Transfer of Funds Request Automatic (Regular Shares) Manual	$1.00 $2.00
Duplicate Title Release (Home Equity)	$25.00
Subordination Agreement (Home Equity)	$55.00
Mortgage Verification	$3.00 each
Garnishments, Levies, Liens Processing	$75.00 per item
Copies of Credit Union Checks	$3.00
Copies of Share Drafts	$2.00
Cashier’s Checks	$5.00
Christmas Club Closing Balance if less than $100.00 at maturity	$5.00
Christmas Club Withdrawals prior to maturity	$5.00
Excessive Withdrawals from IRA Accounts (more than 1 per year prior to age 59 1/2)	$10.00
Cut off Statements (Copies per month of coverage)	$2.00
Check Holds	See Reg. CC Schedule for check hold policies
Stop Payments/Member Checks	$20.00 each
Stop Payment on Credit Union Checks	$25.00 each
Checks Presented for Special Collection	$25.00 each
Withdrawal From Share Draft Accounts by Credit Union Check	$2.00
Money Market Withdrawal (over 2 per month)	$10.00
Online Banking Bill Payer	$6.00/month
ATM Replacement Card	$10.00
ATM Card Replacement PIN	$5.00
ATM Transactions (Foreign)	$1.00 per transaction
ATM Foreign Balance Inquires	$.75 per transaction
ATM Reactivation Fee	$5.00 each
Loan Late Fee	$30.00 after 15 days
Home Equity Loan Late Fee	$60.00 after 15 days
ACH (Returns/Share Draft Returns)	$30.00
Wire Transfers (Domestic) Foreign	$20.00 $50.00
Notary Services	$3.00 each
Escheatable Accounts	$50.00 each
Express Mail	Carrier fee plus $3.00
Home Equity Application Fee	$75.00

It is the intent of your Board of Directors to provide as many financial services as possible fee-free or at minimal cost. Over the years DCT FCU has done just that — providing many services free to the entire membership when banks and other profit-oriented financial institutions were assessing charges.

In order to use your Credit Union to your best advantage, you should be aware of those services that do require additional fees (listed above). As you will note, most fees are for unusual use or misuse of accounts where maintenance costs are excessive. Use your Credit Union for all your financial needs and you’ll find it a money-saving and rewarding money-making experience!

PLEASE NOTE: The par value of one share ($50) is required in regular shares to maintain membership in D.C. Teachers Federal Credit Union.

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