Rates & Fees

Fees and Rates effective October 1, 2019

Deposit Rates

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

CD Rates
Regular Share or IRA Certificates Minimum Balance Dividend Rate APY* Balance Required to Earn Dividends
6 Month Certificate $1,000.00 1.20% 1.21% $1,00.00 (3)
12 Month Certificate $500.00 1.60% 1.61% $500.00 (3)
24 Month Certificate $1,000.00 2.00% 2.02% $1,000.00 (3)

Loan Rates

Loan Rates
Type of Loan Maximum Term**  APR*as low as Restrictions
2016 – 2019 Automobiles 84 months 4.50% Loan amount must be $25,000.00 or greater to qualify for 84 month term. Members with Credit Score of 720 or above qualify for rate disclosed
2008 – 2019 Automobiles up to 72 months 3.49% Members with Credit Score of 720 or above qualify for rate disclosed
2008 – 2019 Automobiles up to 60 months 3.25% Members with Credit Score of 720 or above qualify for rate disclosed
New Motorcycles 60 months 6.00% 2017-2018. Members with Credit Score of 720 or above qualify for rate disclosed
Used Motorcycles 48 months 6.00% 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 3.50% 2016 or newer. Members with Credit Score of 720 or above qualify for rate disclosed
New Boats 144 months 6.00% 2016 and newer. Members with Credit Score of 720 or above qualify for rate disclosed
Used Boats 120 months 6.00% 2011 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 144 months 6.00% 2016 and newer, Members with Credit Score of 720 or above qualify for rate disclosed
Used Recreational Vehicles 120 months 6.00% 2011 and newer. Members with Credit Score of 720 or above qualify for rate disclosed
Home Equity Line of Credit 180 months 5.25% Rate is variable and changes quarterly based on Prime rate
Home Equity Line of Credit 180 months 6.49% Fixed for 5 years then reverts to Prime + 0
Personal Loan 60 months 8.49% 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 9.49% 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
QuickStart Loan Line-of-Credit 15.00% $250 – $2,500 depending upon monthly earned income

 

*APR = Annual Percentage Rate effective 09/26/2019. Subject to term and credit qualifications. Annual percentage rates may vary. Annual percentage rates may change during loan terms on variable rate products. Membership and/or participation fees may apply. Inquire about specific fees for a product through your credit union.

**Maximum term for APR shown displayed in months.

 

Fee Schedule

 

 

Fee Schedule
Effective May 1, 2019
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
Wire Transfers (incoming) $ 5.00
Wire Transfers (outgoing) $ 25.00
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 more than $5.00 negative) $1.50
IRS levy/garnishment (per notice) $30.00
Account Activity Printout (per request – unlimited number of pages) $2.00
Notary fee (for non-members) (FREE for members) $10.00
ON-US check cashing (per check) Non-Members Only $5.00
Account Research (per hour/1 hour minimum) $15.00
Account Balancing Assistance (per hour/1 hour minimum) $15.00
Inactive Account Fee** (per month) $5.00
Account Closed within 180 days of opening $25.00
Returned Item – includes ACH origination (1st party) $25.00
Returned Item – includes ACH origination (2nd party) $15.00
Late Loan Payment Fee*** $25.00
Federal Express Overnight Fee****** 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) FREE
Mortgage Satisfaction $10.00
Mortgage Subordination $ 25.00
Electronic Title $4.50
Abandoned Property Processing $20.00
CHECKING ACCOUNT FEES
Copy of a Paid Check (per check) $5.00
Overdraft Fee Transaction Categories – The categories of transactions for which an overdraft fee may be imposed are those by any of the following means: share draft, in-person withdrawal, ATM withdrawal, ACH Transactions or all other electronic means.
Insufficient Funds Fee (per item, even if the same item has been presented 1 or more times) (ACH, Check, ATM, DEBIT, BILL PAY) $32.00
Online Bill Pay**** No Charge
Stop Payment Fee (includes range) (per item) $25.00
Paid NSF (ACH, Check, Debit, Bill Pay) (per item) ******* $32.00
ACH Stop Payment (per item) $25.00
Check Printing Price varies with style selection
Overdraft Protection Transfer (Check, ACH, ATM, Debit, Bill Pay) $2.00
Temporary Checks (per check) (other than new account) $1.00
Merchant Return (Bill Pay) $25.00
Bill Payment Inactive Fee (monthly)***** $5.95
ACH Origination through EMV $8.95
Dash Pay per transaction Free with Direct Deposit #
Deposit Checks Remotely NO CHARGE
VISA CHECK CARD FEES
ATM Transactions (at ATM’s we do not own per transaction) $1.50
Debit NSF Transaction (per occurrence) (POS, ATM) $32.00
Overdraft protection transfer (POS, ATM) $2.00
Card Replacement Fee (each) $10.00
PIN Change (per occurrence 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*** $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

 

*Single Service fee is waived under the following circumstances: member is under age 18; member is over age 60; account 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.)
** Account has had no activity in any suffixes for 12 months or greater and aggregate balance is less than $1,000.00.
*** If payment is 10 or more days past due.
**** Online Bill Pay is free to all members that have full direct deposit and a checking account or loan and deposit or deposit balances of $15,000.00 or more. If you are unable to meet these requirements bill pay will be $5.95 per month and all payments over 6 will be $.50 per payment.
***** Must pay at least one bill per month to receive service for free.
****** Standard overnight
******* We do not charge a Paid NSF fee on any transaction of $10.00 or less.

# Dash Pay is $1.00 per transaction for person-to-person payments and $1.00 per transaction for external account-to-account transfers if the member does not have direct deposit.

Effective May 1, 2019