|
MEMBERSHIP |
FEE |
|---|---|
| Join GCFCU | Free |
| Membership Closure within 90 days | $5.00 |
| Inactive/Dormant Membership | |
| 12 months no activity | $5.00 per month |
| Escheatment Fee (Funds released to NYS Abandoned Property after 3 Years) | $50.00 |
| SHARES AND CHECKING ACCOUNTS | |
| Non-Sufficient Funds (NSF) | $22.00 per attempt |
| Each time it is presented and returned as unpayable for any reason | |
| Transfer from available shares to cover NSF: | |
| Auto transfer | Free |
| Manual transfer | $3.00 per transfer |
| Courtesy Pay (C-Pay) Overdrafts | $22.00 per attempt |
| First 2 overdrafts per quarter | Free |
| Overdraft items under $10.00 | Free |
| All other overdrafts | $22.00 per item |
| Each time it is presented and returned as unpayable for any reason | |
| Stop Payment on check(s) and ACH's | $22.00 per hit |
| Returned Deposit Item | $14.50 per item |
| Counter Checks | $1.00 per check |
| Balancing of Account by GCFCU first time free | $15.00 per month |
| Share/IRA Certificates | |
| Share Certificate early withdrawal fee | $50.00 + dividends |
| Terms of 6-36 months | 90 days' dividends |
| Terms of 60 months | 180 days' dividends |
| IRA Certificate early withdrawal fee | $50.00 + 180 days' dividends |
| Lucky Saver Certificate early withdrawal fee | $25.00 |
| 2nd withdrawal (closes account) 6 month waiting period to re-open | $25.00 |
| Teen Certificate early withdrawal | loss of dividends/closes acct |
| Money Market and Club Accounts | |
| Money Market - 5 free withdrawals per month | $5.00 thereafter |
| Club Accts - 1 free withdrawal per month | $5.00 thereafter |
| Youth Club Acct - 1 free withdrawal per month | 2nd withdrawal closes acct |
| Health Savings Account | |
| Health Savings Acct (HSA) Annual Maintenance Fee | $10.00 |
| HSA Account Closure/Transfer Fee | $10.00 |
| Loans | |
| Refinancing of existing Loan - first time | Free |
| each additional time | $25.00 each |
| Interest rate reduction on a Home Equity Loan | $250.00 up to 1x/year |
| Subordination fee | $75.00 + recording/attorney fee |
| Electronic Services | |
| CardNav by CO-OP App | Free |
| Text Banking | Free |
| E-Statements | Free |
| Voice Response Unit (VRU) | Free |
| Home Banking & Mobile App | Free |
| GC Express “Bill” Pay, unlimited transactions | Free |
| GC Express Pay - Transfer money to recipients bank account | Free |
| GC Express Pay - Expedited Electronic Payment | $10.00 |
| GC Express Pay - Expedited Overnight Payment | $35.00 |
| GCFCU VISA Debit Card | |
| Visa Debit Card replacement First time free | $5.00 per request |
| Visa Debit Card replacement with Expedited Shipping | $5.00 + shipping cost |
| ATM withdrawal First 8 free | $0.55 each additional time |
| Foreign Transaction Fee | 1% |
| Wire Transfers | |
| Wire Transfers (within the U.S.) | $15.00 |
| Incoming Wire Transfers | $10.00 |
| International Wire Transfers | $50.00 |
| Wire Transfer to OwnersChoice Funding | $5.00 |
| Coin Machine | |
| Member | 3% |
| Member - Business purpose | 6% |
| Non-member | 6% |
| Coin Order/Purchase | |
| Up to 6 rolls per week | Free |
| Over 6 rolls per week | 6% |
| Miscellaneous | |
| Teller (Cashier's) Check or Certified Check | $3.00 per check |
| Stop payment after 90 days | $10.00 per check |
| Money Orders | $1.25 |
| Stop Payment | $40.00* per item |
| Fax Receiving | $1.00 |
| Fax Sending | $1.50 |
| Returned Statement / Bad Address | $5.00 per month |
| Copies First 2 copies free | $0.15 per page |
| Non-Member check cashing (checks drawn off member & GCFCU Corp. Acct.) | $3.00 |
| Reproduction of Financial Records | |
| Statement reprint | $3.00 per month |
| with e-statements | Free |
| Photocopy of cleared check | $3.00 per draft |
| Copy of deposited items | $3.00 |
| Research Fee | $25.00 per hour |
* Money order stop payment fee may change without notice per vendor.
Account Disclosures
| Minimum Deposit (Open & Maintain) | Fee |
|---|---|
| New Members | $5.00 |
| Billy's Club Account | $1.00 |
| Teen Club Account | $1.00 |
| Teen Certificate | $250.00 |
| Teen Checking Account | $25.00 |
| Kasasa Cash Account | $25.00 |
| Kasasa Cash Back Account | $25.00 |
| Kasasa Saver Account | $25.00 |
| Holiday/Vacation Clubs | $5.00 |
| Lucky Saver Certificates | $25.00 |
| Share Certificates | $500.00 |
| IRA Share | $100.00 |
| IRA Share Certificates | $1,000.00 |
Statements
All members will receive a quarterly statement for share, escrow, club, share certificate and loan accounts. In addition, a monthly statement will be issued for share draft accounts, which will include the YTD dividend earned, monthly dividend amount, and any fees imposed.
Dividends
All dividend rates and yields for Share, Share Draft and Club Accounts are variable and may change weekly.
Regular Shares
No minimum balance requirements, but a min. average daily balance of $100.00 is required to earn dividends. The dividend is calculated on the average daily balance of the account and posted the last day of the month.
Share Draft
Do not require a min. average daily balance to earn dividends. The dividend is calculated on the average daily balance of the account and posted the last day of the month.
Club Accounts
$10 minimum balance required, but does not require a min. average daily balance to earn dividends. The dividend is calculated on the average daily balance of the account and posted the last day of the month.
Youth Club Accounts
$1 minimum balance required, but does not require a min. average daily balance to earn dividends. The dividend is calculated on the average daily balance of the account and posted the last day of the month.
Share Certificates
The dividend rate is fixed and set at the time the account is opened. The dividend is compounded and posted quarterly. Accounts closed before the end of a dividend period will not be paid an adjusted dividend.