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Transit Employees Federal Credit Union

Schedule of Fees


Service Fee

Share Services

 
Certificate Early Withdrawal (After 7 days)
 
 
 
1 Quarter’s dividend
Holiday Club/Family Security Plan Share Withdrawals

Each withdrawal after 1st per month $5.00
Low Balance (per month) $10.00
Paramount Money Market Withdrawals

Each withdrawal after 3rd per quarter $10.00

Auto Secured Share, Credit Builder Share, Loyalty Loan Secured Share, Secured Share, Special Savings, and Visa Secured Share Withdrawals

Each withdrawal after 1st per month $5.00
Share Savings

Low Balance (per quarter) $10.00
Each withdrawal after 6th per month $5.00

Share Draft Services


Basic Share Draft with free checks and cashier's checks (monthly) $5.00
Conversion - Rewards Checking to Basic Share Draft $5.00
Rewards Checking Below Minimum Deposit Fee (monthly) $5.50
Loyalty Checking Below Minimum Balance Fee (monthly) $5.00
Fresh Start Account Fee (monthly) $8.00
ACH Return $35.00
Paper Statement $2.00
Overdraft Protection (ODP) Item**
**Not applicable to Premier or Elite Business Share Drafts.
$30.00
Other Share Draft Services
All Checking Accounts Reinstatement with ODP
$150.00
All Checking & Fresh Start Accounts Reinstatement without ODP
$50.00
Non-Sufficient Funds (NSF)
$35.00
Return Deposited Check
$40.00
Stop Payments
$35.00
Uncollected Funds $35.00
Bill Pay
Payment returned due to member error
$5.00
Cancellation (after cut-off time)
$7.50
Charitable Donations
$1.99
Express Mail Correspondence
$15.00
ACH Return
$35.00
Proof of Payment
$10.00
Written Correspondence to “Payee”
$10.00
Reinstatement Fee $50.00
Overnight $14.95
2nd Day $9.95
2nd Day Economy $4.95

Business Account Services

 
Premier Business Share Draft
Below Minimum Balance Fee (monthly)
$10.00
Over 50 Transactions
$1.00 per transaction
Elite Business Share Draft
Below Minimum Balance Fee (monthly)
$10.00

Lending Services

Late Loan Payment (After 10 days)
5% of unpaid balance
Loyalty Loan Application
$45.00
Loyalty Loan Reinstatement
$250.00
Skip a Payment
$50.00
Extension Fees
$50.00
Collection Fee (After 14 days)
$100.00
Additional Lien Release Request
$10.00

Card Services

ATM/Debit Card/Credit Card Replacement Card
$10.00
ATM/Debit Card/Credit Card Expedited Replacement Card $25.00
Classic/Platinum/Classic Secured/Business Visa®

Annual Fee (Classic Secured Visa®) $25.00
Annual Fee (Business Visa®) $50.00
Overlimit $29.00
Foreign Transactions 1.00% of each transaction after conversion to US dollars
Cash Advance Either $5.00 or 1% of the amount of each Cash Advance, whichever is greater (maximum: $50.00)
Late Payment $15.00
Returned Payment $25.00
Pay-by-Phone $10.00

Visa® Checking-Less Card (Reloadable)

Monthly without Direct Deposit $3.00
Reload Fee $2.50
Domestic ATM $1.50 per transaction
International ATM $3.00 per transaction
POS PIN or ATM Balance Inquiry $0.50 per transaction
Cash Advance $5.00
Replacement Card $5.00
Visa® Gift Card

Visa® Gift Card (per card) $4.50

 Miscellaneous Services


Account Transfer Fee $25.00
Account Closing (2 months from opening) $25.00
Account Review/Research/Reconciliation (per ½ hour) $25.00
Returned Mail (per returned item)
$7.50
Returned Mail - Collection Item (per returned item)
$10.00
Notice to Mailer of Correction in Address Varies
Certified Mail $6.00
Check by Phone (Collection Items) $10.00
Dormant Account (3 years or more – per month) $10.00
Invalid ATM Deposit $35.00
Statement Re-Print (within 6 mo. of current date) $2.00 (per month)
History Print-Out/Statement Reprint (older than 6 mo.) $10.00 (per month)
Notary Service – Non Member $4.00 ($2.00 per notarial act)
Tax Levy/Garnishment $50.00
Escheatment (per share) $50.00
Legal Copy $0.25 (per copy)
Account Inquiry $2.00
Balance Inquiry (ATM)^
^Non-TEFCU owned ATMs only. Fee charged per inquiry.
$0.15

ATM Withdrawals§

§Non-TEFCU owned ATMs only. Fee charged per ATM withdrawal after the 3rd ATM withdrawal for the month.

$0.75

Online Banking Password Reset

$3.00
 Wire Transfers

Outgoing Domestic $25.00
Outgoing International Varies
Returned Wire Fees (Domestic and International) $35.00

If you have any questions about our Schedule of Fees, please do not hesitate to call a Member Services Representative at (301) 289-9800, option 1.