Fees

Personal Savings Account

Personal SavingsSavingsChild - Youth - HolidayNon-Interest Bearing Savings
Minimum Deposit to Open Account$10$10$10
Minimum Balance to Avoid Service Fee$10$10N/A
Service Fee$2$2$5
Returned Check Fee – Per Check Deposited$5$5$5
Serves as Overdraft Protection?YesNoNo
Overdraft Protection Fee*$5N/AN/A

* Maximum of 6 overdraft transfers per month. Transfers exceeding 6 will be charged a fee equal to the current Non-Sufficient Funds Fee. Repeated excess transfers may result in loss of overdraft privileges.

Money Market Account

Money MarketFee
Minimum Deposit to Open Account$500
Minimum Balance to Avoid Service Fee$500
Service Fee$5
Returned Check Fee – Per Check Deposited$5
Serves as Overdraft Protection?Yes
Overdraft Protection Fee*$5

* Maximum of 6 overdraft transfers per month. Transfers exceeding 6 will be charged a fee equal to the current Non-Sufficient Funds Fee. Repeated excess transfers may result in loss of overdraft privileges.

IRA / SEP Account

IRA / SEPFee
Minimum Deposit to Open Account$25
Minimum Balance to Avoid Service Fee$25
Service Fee$2
Returned Check Fee – Per Check Deposited$5
Serves as Overdraft Protection?No

Personal Checking Account

Personal CheckingCheckingCashPoints® Global AccountYouth Checking
Minimum Deposit to Open Account$0$0$0
Minimum Balance to Avoid Service Fee$250N/A$0
Service Fee$2$2$0
Service Charge per Check in Excess of 50 per Statement Period$1.00N/AN/A
Service Charge per BillPay – Item in Excess of 50 per Calendar Month$1.00$1.00$1.00
Non-Sufficient Funds (NSF) Fee – After NSF Fee Free Days used$30N/A$30
Returned Check Fee – Per Check Deposited$5$5$5
Stop Payment Fee – Per item for up to 12 months$20$20$20

ATM, Debit and CashPoints® Global Cards

ATM, Debit and CashPoints® Global CardsFee
Reissue Card Replacement$0
Lost Card Replacement$10
ATM Card Rush Delivery$15
ATM Fees – Within CashPoints ATMs network$0
ATM Fees – For using other ATM (completed transactions or inquiries)$0.75
ATM Fees – For using other ATM (incomplete transactions or inquiries)$0.35

Micro-businesses

Micro-businessSavingsMoney MarketChecking
Minimum Deposit to Open Account$100$1,000$100
Minimum Balance to Avoid Service Fee$100$1,000N/A
Service Fee$8$8$8
Service Charge per Check in Excess of 50 per Statement Period$1
Service Charge per BillPay Item in Excess of 50 per Calendar Month$1
Non-Sufficient Funds (NSF) Fee – After NSF Fee Free Days usedN/AN/A$30
Returned Check Fee – Per Check Deposited$5$5$5
Stop Payment Fee – Per item for up to 12 months$20
Serves as Overdraft Protection?YesYes
Overdraft Protection Fee*$5$5

* Maximum of 6 overdraft transfers per month. Transfers exceeding 6 will be charged a fee equal to the current Non-Sufficient Funds Fee. Repeated excess transfers may result in loss of overdraft privileges.

Non-Profits

Non-profitSavingsMoney MarketChecking
Minimum Deposit to Open Account$10$1,000$500
Minimum Balance to Avoid Service Fee$10$1,000$1,000
Service Fee$2$8$8
Service Charge per Check in Excess of 50 per Statement Period$1
Service Charge per BillPay Item in Excess of 50 per Calendar Month$1
Non-Sufficient Funds (NSF) Fee – After NSF Fee Free Days usedN/AN/A$12
Returned Check Fee – Per Check Deposited$5$5$5
Stop Payment Fee – Per item for up to 12 months$20
Serves as Overdraft Protection?YesYes
Overdraft Protection Fee*$5$5

* Maximum of 6 overdraft transfers per month. Transfers exceeding 6 will be charged a fee equal to the current Non-Sufficient Funds Fee. Repeated excess transfers may result in loss of overdraft privileges.

Credit Cards

Credit CardFee
Visa® Annual Fee$0
Late Payment Fee$10
Over Limit Fee$0
Cash Advance Fee $0

Safety Deposit Boxes

Safe Deposit BoxFee
Annual RentalVaries with box size
Lost Key$18 minimum
Box Drilling$145 minimum
Late Rental Payment Fee$12

Miscellaneous Charges

Miscellaneous ChargesFee
Check/Statement Copies - per request*$2
Cashier's Check Purchase$3
Notary Service$0
Application/Renewal of ITIN by a Certified Acceptance Agent$50
ITIN Renewal Form Completion Only$25
Outgoing Domestic Wire Transfer$10
Outgoing International Wire Transfer$25
Incoming Domestic / International Wire Transfer$0
Verification of Deposit Request$10
Check Cashing Fee**$5

*Copies at no charge are available through LatinoDirectoNet at www.latinoccu.org.
**This fee is waived if the member has a checking account with LCCU.

Processing of Items:

LCCU makes every effort to post items presented on your account in the following order:

  1. All Deposits and other Credits
  2. Preauthorized Debits* (lowest to highest)
  3. ACH Debits (lowest to highest)
  4. Checks (lowest to highest)

* Preauthorized debits are items that LCCU is obligated to pay because the debits were previously authorized based on your account balance at the time you performed the transaction. Preauthorized debits include debit card transactions, ATM withdrawals, account withdrawals performed in a branch and automatic funds transfers.

Funds Availability Policy:

Funds deposited to your account are generally available for immediate withdrawal.

ItemAvailability
Cash Deposit with TellerSame business day
Cash Deposit with ATMNext business day
Check Deposit with TellerSame business day
Check Deposit with ATMNext business day
Direct DepositSame business day
Wire Transfer DepositSame business day

If LCCU delays funds availability on a portion of the deposit, the first $200 of that deposit will be made available the same business day. A “business day” is a non-holiday weekday. The end of a business day is no earlier than 5:30 pm, except for ATM deposits.

Fees subject to change at the discretion of the Board of Directors.