Power Co-op Employees Credit Union Fee Schedule (Effective February 1, 2011) Personal Checking Accounts

Share Draft Fees

• $25.00 for each request to stop payment of a share draft or other withdrawal.
• Stop payments must be renewed every six (6) months to remain in effect.  Each renewal will cost $25.00.
• $25.00 for each postdated draft entered into the system
• $25.00 for each check, in person, ATM, ACH or other electronic withdrawal that overdraws your account whether paid or returned
• $2.00 for each overdraft protection transfer from share account
• $2.00 for each transfer from an overdraft protection loan
• $3.00 each for copy of paid share drafts or  substitute check
• $1.00  per page for copy of statement
• Check printing: cost varies per design

Debit Card Fees

• $5.00 for replacement of a PIN
• Replacement card: 1^st time $10.00, then $20.00
• First six (6) ATM/PIN based transactions free, then $1.00 each (includes withdrawal, transfer, inquiry, or denial when using PIN)
• Currency Conversion Fee: 1% of transaction amount, calculated in US dollars

Other fees

• $25.00 for the recording of each revocation of an automated clearing house (ACH) debit (electronic payment)
• ACH change request: (for ACH originated by the credit union) one per year at no charge, $10.00 for additional change requests
• $20.00 for each outgoing domestic wire transfer
• $10.00 for each incoming domestic wire transfer
• $45.00 for each foreign wire transfer.
• $10.00 for each check returned unpaid that was deposited in your account.
• $20.00 each for excessive transfers from a share account
• Collection Item:  A fee of $20.00 will be charged for any draft or item sent or received for collection on your behalf.
• ACH one time request $5.00

• Account Research:  A charge of $30.00 per hour ($30.00 minimum) for account research or assistance in reconciling your bank statement.

• Account closed within 60 days of opening $20.00

   

FAX charges:

• Sending:  $5.00 per page
• Receiving: $1.00 per page

Garnishments and levies: $50.00

Incorrect address fee:  $5.00 per statement cycle (paper or email)

Maintenance Fee: $10.00 annual fee for accounts with no activity for more than 12 months, age 18 or over, with balance less than $100.00. 

Money Orders $2.00 each

Sales tax will be charged on fees where applicable

Fees charged by other financial institutions/vendors will be passed on to the member.