Rates & Fees

Fees and Rates effective April 7, 2017

Deposit Rates

Deposit Types  Minimum Balance   Dividend Rate   APY*   Balance Required to Earn Dividend Rate
 Regular Savings  $5.00  0.10% 0.10% $200.00 – $9,999.99 (1)
   $5.00  0.20% 0.20%  $10,000.00 and up (1)
 Youth Savings  $5.00  0.10% 0.10% $100.00 – $9,999.99 (1)
  $5.00 0.20%  0.20%  $10,000.00 and up (1)
Club Savings   $5.00 0.10% 0.10% $200.00 – $9,999.99 (1)
  $5.00 0.20% 0.20%   $10,000.00 and up (1)
 Money Market $5.00  0.15% 0.15% $2,000.00 – $9,999.99 (2)
  $5.00  0.25% 0.25% $10,000.00 – $49,999.99 (2)
  $5.00  0.30% 0.30% $50,000.00 and up (2)
Everyday Checking $5.00  0.00% 0.00%  
 Student Checking $5.00 0.00% 0.00%  
 IRA Savings Traditional/Roth $5.00  0.15% 0.15% $0.00 – $9,999.99 (1)
  $5.00  0.30% 0.30% $10,000.00 – $49,999.99 (1)
  $5.00  0.45% 0.45% $50,000.00 and up (1)
 Health Savings $5.00 0.15% 0.15% $0.00 – $9,999.99 (1)  
   $5.00  0.30% 0.30% $10,000.00 – $49,999.99 (1)
  $5.00 0.45% 0.45% $50,000.00 and up (1)

APY=Annual Percentage Yield

(1) Dividend rate and Annual Percentage Yield may change at any time.  Dividends are compounded every quarter and credited to the account quarterly. If
the account is closed before dividends are paid, you will not receive the accrued dividends.

(2) Dividend rate and Annual Percentage Yield may change at any time. Interest is compounded daily and paid monthly. Members must maintain a balance of $2,000.00 in their account to earn the disclosed annual percentage yield.

 

CD Rates

Regular Share or IRA Certificates  Minimum Balance  Dividend Rate APY*   Balance Required to Earn Dividends
 6 Month Certificate  $1,000.00 0.45% 0.45% $1,00.00 (3)
 12 Month Certificate  $500.00 0.65% 0.65% $500.00 (3)
 24 Month Certificate $1,000.00 1.20% 1.21% $1,000.00 (3)

Loan Rates

Type of Loan  Maximum Term Available  Rate as low as APR* Restrictions
 New Automobiles 84 months 2.25%* 2016-2017 with less than 10,000 miles and has not been titled must borrow  $30,000.00 or greater to qualify for 84 month term. Members with Credit Score of 720 or above qualify for rate disclosed
Used Automobiles 72 months 2.25%* 2008-2017 must borrow  $30,000.00 or greater to qualify for 84 month term. Members with Credit Score of 720 or above qualify for rate disclosed
 Older Used Automobiles 60 months 2.25%* Older than 2008, must have value, rate is determined by age and mileage. Members with Credit Score of 720 or above qualify for rate disclosed
New Motorcycles 60 months 4.74%* 2016-2017.  Members with Credit Score of 720 or above qualify for rate disclosed
Used Motorcycles  48 months 4.74%*  As long as there is value. Members with Credit Score of 720 or above qualify for rate disclosed
Harley Davidson and other Premium Motorcycles such as BMW and Ducati  60 months  2.25%* 2015 or newer. Members with Credit Score of 720 or above qualify for rate disclosed 
New Boats  144 months 5.25%* 2016-2017. Members with Credit Score of 720 or above qualify for rate disclosed 
 Used Boats 120 months 5.25%*  2010 and newer, Members with Credit Score of 720 or above qualify for rate disclosed
New Recreational Vehicles to include Motorhomes, Fifth Wheels and Travel Trailers  120 months  5.74%* 2017 and newer, Members with Credit Score of 720 or above qualify for rate disclosed 
Used Recreational Vehicles  120 months 5.74%* 2008- and newer. Members with Credit Score of 720 or above qualify for rate disclosed
Home Equity Line of Credit   180 months 4.00% Rate is variable and changes quarterly based on Prime rate
 Home Equity Line of Credit 180 months 4.00% Fixed for 5 years then reverts to Prime + 0
 Personal Loan 60 months  7.49%* Maximum Loan amount is $18,000.00, term is based on amount borrowed.  Members with Credit Score of 720 or above qualify for rate disclosed 
Overdraft Line of Credit  Revolving 8.49%* Maximum Loan amount is $18,000.00.  Members with Credit Score of 720 or above qualify for rate disclosed  
Computer Loan  36 months 10.90% Maximum Loan amount is $2,000.00.  Requires purchase order for computer. 
 Share Secured Loan 120 months   Can use Shares or Certificates to secure loan, can borrow up to 95% of value of collateral 
 Visa Classic, Student and Secured Revolving  12.96% $250.00 to $18,000.00 
Visa Platinum  Revolving 8.99% $5000.00 to $18,000.00- must have a credit score of 680 or above to qualify 

*APR=Annual Percentage Rate

Rates and Terms are based on credit worthiness, age and value of collateral.  Will lend up to 125% LTV under certain conditions.  All rates listed above require automatic payment.   All rates with an asterisk after the rate require full direct deposit and certain other conditions could apply.

Fee Schedule

GENERAL ACCOUNT FEES   
   New Membership Fee $5.00
   General Statement Copy $5.00
   Single Service Fee (per month) (1) $10.00
   Money Orders (per item) $1.50
   Traveler’s Checks – 1 signature (per hundred) $1.00
   Traveler’s Checks – 2 signatures (per hundred) $1.50
  Gift Checks (per check) $ 2.50
   American Express Gift Cards (per card) $3.95
   Wire Transfers (incoming international or domestic) $ 5.00
   Wire Transfers (outgoing domestic only) $ 20.00
   Returned Mail/bad address (per occurrence) $ 2.00
   Official Checks – payable to members  FREE
   Official Checks- payable to a third party  $2.00
   Negative balance fee (per day if balance if more than $5.00 negative  $1.50
   IRS levy/garnishment (per notice)  $30.00
   Account Activity Printout (per request-unlimited # of pages)  $2.00
   Notary fee (free to members, for non-members only)  $10.00
   ON-US check cashing (per check) Non-Members Only  $2.00
   Account Research or Balancing (per hour/1 hour minimum)  $15.00
   Inactive Account Fee (per month) (2)  $5.00
   Account Closed within 180 days of opening  $25.00
   Returned Item (1st party)  $25.00
   Returned Item (2nd party)  $15.00
   Late Loan Payment Fee (3)  $25.00
   Federal Express Overnight Fee (6)  COST
   Incoming Collection  COST OF COLLECTION
   Outgoing Collection  COST OF COLLECTION
   Reopen a Share Account within 12 months of prior closing  $ 25.00
   Outgoing Western Union  $20.00
   Mortgage Payoff (per request)  NO CHARGE
  Mortgage Satisfaction (per page)   $10.00
   Mortgage Subordination $ 25.00
   Electronic Title (per title)  $4.50
   Dash Pay (with Direct Deposit) (7)  NO CHARGE
     
   CHECKING ACCOUNT FEES        
   Copy of a Paid Check (per check) FREE ONLINE  ($5.00)
   Insufficient Funds Fee (per item) (ACH, DEBIT, BILL PAY) $32.00 
   Online Bill Payment (4) No Charge 
   Stop Payment Fee (includes range) (per item) $25.00 
  Paid NSF (ACH, Check, Bill Pay) (per item) includes stops on bill pay $32.00 
  ACH Stop Payment (per item)  $25.00 
   Check Printing Price varies with selection 
   Overdraft Protection Transfer (Check, ACH, ATM, Debit, Bill Pay) $2.00 
   Temporary Checks (per check) $0.25 
  Merchant Return (Bill Pay  $25.00 
   Bill Payment Inactive Fee (monthly) (5) $5.95 
   VISA CHECK CARD FEES   
   ATM Transactions (at ATM’s we do not own per transaction) $1.50 
   Debit NSF Transaction (per occurrence includes POS, ATM, Paid Debit NSF transaction) $32.00 
   Card Replacement Fee (per card) $10.00 
   PIN Change (through IVR) NO CHARGE 
   PIN Change at ATM NO CHARGE 
   POS Transaction with PIN or signature NO CHARGE 
   Non-member surcharge fee $2.00 
   VISA® CREDIT CARD FEES   
   Visa Late Payment fee (3) $25.00 
   Returned Check Fee $25.00 
   Card Replacement fee (per occurrence) $10.00 
   Statement copy fee $5.00 
   Visa Cash Advance Transaction (non-members only) $5.00 

 

(1)Single Service fee is waived under the following circumstances: members is under 18; member is over age 60; accounts has been open less than 6 months; account has a balance over $200.00 or member has another service with FWCCU (i.e. checking, loan, credit card)
(2) Account has had not no activity in any suffixes for 12 months or greater and aggregate balance is less than $1,000.00
(3) If payment is 10 or more days late

(4) Online Bill Pay is free to all members that have full direct deposit and a checking account or loan and deposit balances of $15,000.00 or more.  If you are unable to meet these requirement bill pay will be $5.95 per month and all payments over 6 will be $0.50 per payment
(5) Must pay at least one bill per month to receive the service for free or you will be charged a dormant fee of $5.95 after three months of non-usage

(6) Standard Overnight
(7) Fee is $1.00 per person to person payment or for each account to account transfer if you do not have full direct deposit

 

 

 

Fees effective April 7,2017