Personal Savings Account
| Personal Savings | Savings | Child | Youth | Non-Interest Bearing Savings | Holiday |
|---|---|---|---|---|---|
| Minimum Deposit to Open Account | $10 | $10 | $10 | $10 | $10 |
| Minimum Balance to Avoid Service Fee | $0 | $10 | $10 | N/A | $0 |
| Service Fee (If minimum daily balance not met) | $0 | $2 | $2 | $5 | N/A |
| Service charge per check in excess of 50 per statement period | N/A | N/A | N/A | $5 | $5 |
| Service charge per Bill Pay item in excess of 50 per calendar month | Yes | No | No | No | No |
| Non-Sufficient funds (NSF) fee | $2 | N/A | N/A | N/A | N/A |
| Returned check fee - Per check returned from a deposit | $5 | $5 | $5 | $5 | $5 |
| Inactive fee** | $5 | $5 | $5 | $5 | $5 |
**To avoid this fee, generate activity (deposit, withdrawal, funds transfer, digital banking login, etc.) on any account within a 730-day (2-year) period or maintain a combined balance of $250 or more on deposit at the Credit Union.”
Money Market Account
| Money Market | Fee |
|---|---|
| Minimum Deposit to Open Account | $500 |
| Minimum Balance to Avoid Service Fee | $500 |
| Service Fee (if minimum balance not met) | $5 |
| Service charge per check in excess of 50 per calendar month | N/A |
| Service charge per BillPay item in excess of 50 per calendar month | N/A |
| Non-Sufficient funds (NSF) fee | N/A |
| Returned check fee - Per check returned from a deposit | $5 |
| Inactive fee** | $5 |
**To avoid this fee, generate activity (deposit, withdrawal, funds transfer, digital banking login, etc.) on any account within a 730-day (2-year) period or maintain a combined balance of $250 or more on deposit at the Credit Union.”
IRA / SEP Account
| IRA / SEP | Fee |
|---|---|
| Minimum Deposit to Open Account | $25 |
| Minimum Balance to Avoid Service Fee | $10 |
| Service Fee (if minimum daily balance not met) | $2 |
| Non-Sufficient funds (NSF) fee | N/A |
| Returned Check Fee – Per check returned from a deposit | $5 |
| Inactive fee | No |
Personal Checking Account
| Personal Checking | Checking | Cash Account | Youth Checking |
|---|---|---|---|
| Minimum Deposit to Open Account | $0 | $0 | $0 |
| Minimum Balance to Avoid Service Fee | $250 | N/A | N/A |
| Service Fee (if minimum daily balance not met) | $2 | $2 | $0 |
| Service Charge per Check in Excess of 50 per Statement Period | $1 | N/A | N/A |
| Service Charge per BillPay – Item in Excess of 50 per Calendar Month | N/A | N/A | N/A |
| Non-Sufficient Funds (NSF) Fee – After NSF Fee Free Days used | $20 | N/A | $20 |
| Returned Check Fee – Per Check Deposited | $5 | $5 | $5 |
| Inactive fee** | $5 | $5 | $5 |
**To avoid this fee, generate activity (deposit, withdrawal, funds transfer, digital banking login, etc.) on any account within a 730-day (2-year) period or maintain a combined balance of $250 or more on deposit at the Credit Union.”
Other Fees
| ATM, Debit and Cash Account | Fee |
|---|---|
| Reissue Card Replacement Fee | $0 |
| Lost Card Replacement Fee | $10 |
| In-network ATM Fee (LCCU ATMs) | $0 |
| Out-of-network ATM Completed Transaction Fee | $0.75 |
| Out-of-network ATM incomplete / Incomplete transaction | $0.35 |
| Internal Transaction Fee | 1% |
| Card Rush Delivery fee | $15 |
Micro-businesses
| Micro-business | Savings | Money Market | Checking |
|---|---|---|---|
| Minimum Deposit to Open Account | $100 | $1,000 | $100 |
| Minimum Balance to Avoid Service Fee | $100 | $1,000 | N/A |
| Service Fee (if minimum daily balance not met) | $8 | $8 | $8 |
| Service Charge per Check in Excess of 50 per Statement Period | N/A | N/A | $1 |
| Service Charge per BillPay Item in Excess of 50 per Calendar Month | N/A | N/A | N/A |
| Non-Sufficient Funds (NSF) Fee | N/A | N/A | $20 |
| Returned Check Fee – Per Check Deposited | $5 | $5 | $5 |
| Inactive fee** | $5 | $5 | $5 |
**To avoid this fee, generate activity (deposit, withdrawal, funds transfer, digital banking login, etc.) on any account within a 730-day (2-year) period or maintain a combined balance of $250 or more on deposit at the Credit Union.”
Non-Profits
| Non-Profits | Savings | Money Market | Checking |
|---|---|---|---|
| Minimum Deposit to Open Account | $10 | $1,000 | $500 |
| Minimum Balance to Avoid Service Fee | $10 | $1,000 | N/A |
| Service Fee | $2 | $8 | N/A |
| Service Charge per Check in Excess of 50 per Statement Period | N/A | N/A | $1 |
| Service Charge per BillPay Item in Excess of 50 per Calendar Month | N/A | N/A | N/A |
| Non-Sufficient Funds (NSF) Fee – After NSF Fee Free Days used | N/A | N/A | $20 |
| Returned Check Fee – Per Check Deposited | $5 | $5 | $5 |
| Inactive fee** | $5 | $5 | $5 |
**To avoid this fee, generate activity (deposit, withdrawal, funds transfer, digital banking login, etc.) on any account within a 730-day (2-year) period or maintain a combined balance of $250 or more on deposit at the Credit Union.”
Credit Cards
| Credit Cards | Fee |
|---|---|
| Visa® Annual Fee | $0 |
| Late Payment Fee is up to | $10 |
| Over Limit Fee | $0 |
| Cash Advance Fee | $0 |
Miscellaneous Charges
| Miscellaneous Charges | Fee |
|---|---|
| Check/Statement Copies - per request* | $2 |
| Cashier's Check Purchase | $3 |
| Notary Service | $0 |
| Application/Renewal of ITIN by a Certified Acceptance Agent | $100 |
| 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 | $0 |
| Check Cashing Fee** | $5 |
*Copies at no charge are available through LatinoConnect Online Access.
**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:
- All Deposits and other Credits
- Preauthorized Debits* (lowest to highest)
- ACH Debits (lowest to highest)
- 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.
| Item | Availability |
|---|---|
| Cash Deposit with Teller | Same business day |
| Cash Deposit with ATM | Same business day |
| Check Deposit with Teller* | Same business day |
| Check Deposit with ATM | Next business day |
| Direct Deposit | Same business day |
| Wire Transfer Deposit | Same business day |
*If LCCU delays funds availability on a portion of a deposit made in a checking account, the first $225 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.
