Fee ScheduleEffective Starting 2/1/2016
Most credit unions generally charge fewer and lower fees than most other financial institutions. Please keep in mind that the fees and/or limits imposed on accounts with our credit union are designed to pass on the cost or to recover the cost of providing a specific service to our membership who use them or incur them. They are not structured for JMCU to profit from.
The fees listed are accurate for accounts as of the date indicated below, and are subject to change at any time by our Board of Directors.
FEES effective as of 2/1/2016
Checking Account – free checking – no monthly charge – no check charge
Business Checking – $4.00 per month service fee if minimum balance of $500 is not maintained. Check fee of $.08 per check if over 20 checks per month
Dividend Bearing Checking – $8.00 per month service fee if minimum balance of $500 is not maintained
Money Markets – $10.00 per month service fee if minimum balance of $2500.00 is not maintained
Overdraft fees – Share draft fee: $28 if returned and/or paid ACH NSF fee: $28 if returned and/or paid VISA Check/Money Pass ATM Cards: $28
Miscellaneous fees – Stop payment fee: $28 per item $28 per block
Temporary/Counter Checks – First 12 free – $1.50 per sheet of 4 checks (check order prices vary depending on style)
Statement printout – $3 current month / $5 prior month(s)
Check copies – $5 per item or free through CU Online
Account Research fee – $10 per hour (1 hour minimum)
Fax – $1 per page
Dormant Account – $25/year
Early Closure – $25 if closed within 90 days
Charge backs – $15 per item
Garnishments – $25
Collection items – $15
Statement Storage Fee – $3 monthly
Wire Transfers – International – $40 / Domestic – $15 / Western Union $20
Credit Union Membership – $25 per share
VISA CheckCard fees – no monthly charge – no charge per use if signature based transaction – PIN (PIN based point of sale (POS) transaction – $1.50
VISA Replacement CARD/PIN Mailer fee – $10/$5 PIN Reset: $2.25
VISA Gift Card – $3.75
ONLINE BILL PAY FEES
Enrollment Fees – There will be a $5.00 one-time enrollment fee. This fee is waived if enrolled in e-statements.
E-Statements Only – No monthly charge. Monthly statement will no longer be mailed. You may view your statements through our CU Online program.
NFS Returned – $28 and/or NSF Paid – $28
Inactive fee – $2.50 after three (3) months consecutively.
YOU MUST ENROLL IN OUR CU ONLINE IN ORDER TO SIGN UP FOR ONLINE BILL PAY AND E-STATEMENTS