Business Schedule of Fees and Charges
Effective October 22, 2018
| Primary Business Savings Accounts | |||
|---|---|---|---|
| Membership Fee (one-time) | $10.00 | ||
| Balance below $100 monthly | $5.00 | ||
|
$5.00 | ||
| Business Savers Plus | |
|---|---|
| Below minimum balance ($2,500 daily balance required) | $10.00 |
| Excessive withdrawal fee (per withdrawal, in excess of 6 per month) | $5.00 |
| Under minimum withdrawal fee (must be $500 or more) | $5.00 |
| Business Checking Accounts | |
|---|---|
| Courtesy Pay (per item) | $32.00 |
| Returned check (NSF) | $32.00 |
| Copy of paid MCCU check (2 free per statement period) | $5.00 |
| Withdrawal transfer fee | $3.00 |
| Stop payment on check (no charge if initiated on eBranch Online Banking) | $20.00* |
|
Basic Business Checking
|
$8.00 |
|
Business Checking Plus
|
$14.00 $20.00 $2.00 |
| ACH (Automated Clearning House) | |
|---|---|
| Courtesy Pay (per item) | $32.00 |
| ACH returned NSF | $32.00 |
| Stop Payment/Revoke ACH | $20.00 |
| Bill Pay | |
|---|---|
| Inactivity Fee (monthly, charged after first 30 days after sign-up and no activity) | $5.00 |
| Courtesy Pay (per item) | $32.00 |
| Business ATM/MasterMoney Debit Card | |
|---|---|
|
MCCU members can enjoy fee-free ATM transactions at 30,000 CO-OP Network ATMs nationwide! This means you won't pay a surcharge fee (the fee the ATM owner may charge) plus you won't pay any MCCU ATM usage fees. Find a CO-OP ATM near you bu calling 888-748-3266 or go online to www.allco-op.org. |
|
| ATM deposit adjustment from ATMs not owned by MCCU | COST |
| MasterMoney: Copy of transaction | $5.00* |
| MasterMoney: Emergency card replacement | COST |
| MasterMoney: Cross-border/Currency conversion Assessment | 1% of transaction amount |
| NSF | $29.00 |
| Replacement card | $10.00* |
| Re-order PIN# | $5.00* |
| Withdrawal from non-MCCU ATM | $2.00 |
| Courtesy Pay (per item) | $32.00 |
| ATM deposit adjustment | $5.00 |
| General Services | |
|---|---|
| Account verification letter | $10.00* |
| Cashier's Check | $5.00+ |
| Check cashing for non-member (per check) | $5.00 |
| Close account within first 90 days | $25.00 |
| Copy of Corp/Cashier's Check/Money Order | $5.00 |
| Copy of monthly statement | $5.00 |
| Corporate checks made payable to a third party | $5.00 |
| Custom letter | $25.00 |
| Deposit copy | $3.00 |
| Inactive account (monthly - no activity for 6 months) | $5.00 |
| Inactive account notice (Escheat, per notice) | $2.00 |
| Foreign collection items (varies by item) | $3-$17 (+ cost) |
| Levies | $40.00 |
| Medallion Signature Guarantee (per signature) | $15.00 |
| Money Order | $5.00* + |
| Notary (per signature) | $10.00+ |
| Re-open closed account | $5.00 |
| Return mail | $3.00 |
| Return deposited item | $25.00 |
| Research, per hour (1 hour minimum) | $25.00 |
| Signature Guarantee for checks/documents (each) | $3.00 |
| Special handling | $10.00 |
| Stop payment - Corp/Cashier's Check/Money Order | $20.00 |
| Transaction listing (per page) | $1.00* |
| Wire Transfer Outgoing (domestic) | $25.00 |
| Wire Transfer Outgoing (international) | $40.00 |
| Wire Transfer Incoming | $10.00 |
All fees subject to change. We will notify you of any changes, as required by law.
*Fee may be waived by becoming a Gold or Platinum Member. Ask us how to become a Gold/Platinum member!
+ Fee is waived for members aged 62 or older.