Business Fees
Operational Fees
Service | Fees |
---|---|
Closing Membership within 90 days | $20.00 |
Rejoining within 90 days | $20.00 |
Minimum Balance Fee (No fee for the following: Members age 60 or older, age 17 or younger, no fee for new accounts for the first 6 months) |
$5.00 per month if aggregate share balance is less than $500 on last day of the month |
Dormant Account (no fee if 17/younger) (less than $100/no transactions for 12 months) |
$15.00 per month |
Money Orders | $2.00 each (Free to Relationship Pricing members) |
Corporate check made payable to third party | $5.00 each |
Cashiers Check | $10.00 each |
Visa Gift Cards | $5.00 each ($2.00 for Relationship Pricing members) |
Wire Transfers | |
Outgoing wire or Incoming wire | $20.00 |
Outgoing wire – non-member | $30.00 |
International (incoming and outgoing) | $40.00 |
Western Union – outgoing only | $20.00 |
Credit Card / Check by Phone Convenience Fee | $5.00 |
Credit Card / Check by Phone Returned Item Fee | $35.00 |
Electronic Payment Convenience Fee (website) | $5.00 |
Electronic Payment Convenience Fee (in person) | $15.00 |
Share withdrawal (in excess of two per month) | $15.00 |
Holiday Club withdrawal (in excess of one per year) | $15.00 |
Vacation Club withdrawal (in excess of one per year) | $15.00 |
Overdraft Transfer Fee (Free for Choice, Premium & Free2B Ckg. & Platinum Relationship Pricing) |
$10.00 each occurrence |
ACH Debit/Non-sufficient funds | $35.00 |
Return Item Fee | $35.00 |
Account Inquiry | $5.00 |
Check Deposit Verification Fee | $5.00 |
Return Mail/Insufficient Address | $10.00/month |
Additional Statement Copy | $5.00 |
Verification of Deposit Processing | $10.00 |
Corporate Check Rush Stop Payment (request received within 15 days) |
$20.00 |
ACH / Pre-Authorized Stop Payment | $30.00 per item |
ACH / Pre-Authorized Stop Payment | $50.00 per series |
Third Party Deposited Returned Item NSF | $10.00 |
Merchant Check Collection | $25.00 |
Notary Fee (non-members only-free for members) | $5.00 |
Research Fee | $25.00 per hour |
Redeposit Returned NSF item | $10.00 |
Check Cashing Fee (no fee with: MECU checking or aggregate share balance of $500 or more) |
3% of check amount or $10.00 whichever is greater |
Electronic Tax Filing – Federal | $30.00 |
Electronic Tax Filing – Federal and State | $40.00 |
MECU Anywhere – Internet Account Access Fees
Service | Fees |
---|---|
PIN Reset (in excess of two) | $5.00 |
ATM/Visa Debit Card Fees
Service | Fees |
---|---|
Foreign ATM Withdrawal | $2.50 |
PIN Replacement | $5.00 |
Limit Increase Request Fee | $10.00 per request |
Card Replacement | $15.00 |
Card Replacement – Rush Fee | $50.00 |
Non-sufficient Funds/Overdraft Fee – Point of Sale (POS)/ATM | $35.00 |
Card Abuse “Hot Card” | $15.00 |
Loan Fees
Service | Fees |
---|---|
Origination/Documentation fee | Varies – ask for details |
Over the Credit Limit Fee (line of credit) |
$35.00 per month |
Skip-a-Payment | $35.00 per loan |
Line of Credit checks: | |
Non-sufficient Funds | $35.00 |
Stop payment | $30.00 per item |
Stop payment | $50.00 per series |
Late Payment Fee (if the payment is received 16 days after the scheduled due date) |
4% of the monthly payment or $5.00, whichever is greater |
Legal Fees
Service | Fees |
---|---|
Tax Levy Processing | $50.00 |
Garnishment Processing | 10% of garnishment amount up to a maximum of $50.00 |
Collection Account (C.U. initiated legal action) |
$25.00 |
Subordination Agreement | $100.00 |
Safe Deposit Box Fees
Annual Rental: | Fees |
---|---|
3″ X 5″ X 21″ | $25.00 |
3″ X 10″ X 21″ | $35.00 |
5″ X 10″ X 21″ | $55.00 |
Lost keys/drilling fee | $150.00 |
Business Accounts
Service | Fees |
---|---|
Paper Statement (e-Statements are FREE) |
$5.00 month |
*All other applicable operational fees will apply to business accounts.
BizPay Online Bill Pay
Service | Fees |
---|---|
BizPay On-line Bill Pay | Free for 6-months, then $18.95 month |
Non-sufficient Funds/Overdraft Fee | $35.00 |
Stop Payment | $10.00 |
Merchant Return | $10.00 |
Business Prime Share
Service | Fees |
---|---|
Excessive Withdrawal Fee (ACH/electronic transactions are free) |
First 2 withdrawals free per month/then $10.00 per withdrawal |
e-Business Checking
Service | Fees |
---|---|
Monthly Service Charge (No fee if maintain average daily balance of $1,000.00) |
$10.00 |
Clearing (fee per checks / debit items cleared) (ACH/electronic transactions are free) |
First 100 debits/credits free/then 25¢ |
Deposits (fee per deposit item) (ACH/electronic transactions are free) |
First 100 debits/credits free/then 25¢ |
Overdraft Transfer Fee | $10.00 per transfer |
Cash Management (Sweep) Transfers | First 10 sweeps free per month, then $10 per sweep |
Non-sufficient Funds/Overdraft Fee | $35.00 |
Stop Payment | $30.00 per item |
Stop Payment | $50.00 per series |
Share Draft copy | $5.00 |
Starter Checks (4 checks) | $5.00 per page |
Business Money Market
Service | Fees |
---|---|
Monthly Service Charge (No fee if maintain average daily balance of $2,500.00 or more) |
$10.00 |
Excessive Withdrawal Fee (ACH/electronic transactions are free) |
First 2 withdrawals free per month/then $10 per withdrawal |
Deposits (fee per deposit item) (ACH/electronic transactions are free) |
10¢ per check deposited |
Overdraft Transfer Fee | $10.00 per transfer |
Non-sufficient Funds/Overdraft Fee | $35.00 |