Truth-In-Savings Disclosure

Transcription

1 The rates, fees, and terms applicable to your account at the Credit Union are provided in this Truth-in-Savings Disclosure. The Credit Union may offer other rates for these accounts from time to time. Rate Schedule Savings, Money Market, Checking, IRA, HSA Account Name Balance Tiers and Ranges Dividend Rate/Annual Percentage Yield (APY) Truth-In-Savings Disclosure 3087 N. Alafaya Trail Orlando, FL Last Dividend Declaration Date: Deposit to Open Account Balance to Obtain the Stated APY Balance Computation Method Membership Share n/a n/a $5.00 n/a n/a $2, or below $2, to $9, / / 0.15 $2, Money Market to $24, / 0.15 $2, $25, to $49, / 0.20 $25, $50, to $99, $100, or greater 0.20 / / 0.25 $50, $100, $9, or below to $49, / / 0.25 Premium $50, to $99, / 0.30 $50, Money Market $100, to $249, / 0.40 $100, $250, to $999, $1,000,000 or greater 0.40 / / 0.40 $250, $1,000, $5K Savings (Product discontinued as of February 3, 2017) $5, or below $5, or greater / 0.10 / 0.10 $10.00 $5, Regular Savings n/a 0.10 / 0.10 $10.00 n/a IRA Savings n/a 0.30 / 0.30 n/a n/a $2,999 or below 0.15 / 0.15 Health Savings $3,000 to $4, / 0.20 $3, (Product discontinued n/a $5,000 to $9,999 $5, as of November 15, 2017) 0.25 / 0.25 $10,000 or greater 0.30 / 0.30 Escrow n/a 0.10 / 0.10 n/a n/a Non-Dividend Savings n/a n/a $50.00 n/a n/a Basic Checking n/a n/a $25.00 n/a n/a UCF Student Checking n/a n/a $25.00 n/a n/a Student Checking n/a n/a $25.00 n/a n/a $9, or below 0.01 / 0.01 Preferred Checking to $24, / 0.02 $25.00 $25, to $49, / 0.03 $25, $50, or greater 0.04 / 0.04 $50, Except as specifically indicated, the following disclosures apply to all accounts described in this Truth-In-Savings Disclosure. All described accounts are share accounts. Disclosures applicable to time-deposit accounts (Certificates of Deposit) will be provided separately. 1. Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For Regular Savings, Money Market, Premium Money Market, IRA Savings, $5K Savings, Health Savings, Escrow, and Preferred Checking accounts, the Dividend Rate and Annual Percentage Yield may change at any time as determined by the Credit Union s Board of Directors. The Dividend Rates and Annual Percentage Yields are the rates and yield as of the last dividend declaration date, which is set forth in this Truth-In-Savings Disclosure. The Money Market, Premium Money Market, Health Savings, $5K, and Preferred Checking accounts are Tiered Rate accounts. The balance ranges and corresponding Dividend Rates and Annual Percentage Yields applicable to each tier are disclosed in the Rate Schedule. Once a particular range is met, the Dividend Rate and Annual Percentage Yield for that balance range will apply to the full balance of your account. 2. Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. 3. Dividend Compounding and Crediting. For dividend earning accounts, dividends will compound on a daily balance and be credited to your account monthly. The Dividend Period is the period of time at the end of which an account earns dividend credit. The Dividend Period begins on the first calendar day of the month and ends on the last calendar day of the month. 4. Accrual of Dividends. For all dividend earning accounts, dividends will begin to accrue on the collected balance. FAIRWINDS Credit Union Truth-In-Savings (1 of 4) December 2017

2 5. Membership Share Account; Account Balance Information. As a condition of membership, you must purchase and maintain in your Membership Share account the par value of one full share, $5.00. Some accounts may have additional minimum opening deposit requirements. The minimum balance requirements applicable to each account are stated in the Rate Schedule. For Basic Checking, Preferred Checking, Regular Savings, Money Market Savings and Premium Money Market Savings accounts, there is a minimum Average Monthly Balance required to avoid a service fee for a calendar month. If the minimum average monthly balance is not met during the calendar month, there will be a service fee as stated in the Service Charge Schedule*. The average monthly balance is calculated by adding the available balance in your account at the end of each day of the period and dividing that figure by the number of days in the period. This fee will be waived if certain conditions as set forth in the Service Charge Schedule* are satisfied. For UCF Student Checking and Student Checking accounts there is not a minimum Average Monthly Balance required to avoid a service fee for a calendar month. 6. Account Limitations. The Membership Share account is a non-transactional account and represents your ownership in the Credit Union. Any transfer or withdrawal from the Membership Share account must be in the full amount of the account, and, upon such transfer or withdrawal, your membership in the Credit Union will be terminated. In order to open a Premium Money Market, you must first have a Preferred Checking account. For Regular Savings, Escrow, Money Market, Premium Money Market, IRA Savings, $5K Savings, and Non Dividend Savings accounts, you may make no more than six (6) transfers and withdrawals from your account to another account of yours or to a third party in any month by means of a preauthorized, automatic or internet transfer, by telephonic order or instruction, or by check, draft, debit card or similar order. If you exceed these limitations, your account may be subject to a fee or be closed. For Escrow accounts, transfers or withdrawals are allowed only for the purpose of paying taxes and insurance. The credit union will make all transfers or withdrawals on your behalf. For $5K Savings accounts, you will be charged a fee as disclosed in the Service Charge Schedule* if you do not make a preauthorized transfer from your checking account to your $5K Savings account in any month. You will also be charged a fee as disclosed in the Service Charge Schedule* for any withdrawal from your $5K Savings account if your balance is less than $5,000.00, or the account has been open for a period of less than three years. The funds in your $5K Savings account will begin earning dividends at the prevailing Regular Savings rate once the account reaches its third anniversary, or when the balance exceeds $5, UCF Student Checking accounts are available only to active University of Central Florida (UCF) students with a valid Student ID Card. A UCF Student Checking account will be converted to a Basic Checking account after 5 years or when a UCF student's status changes to non-active, whichever comes first. Following the conversion, all terms, provisions and fees applicable to Basic Checking accounts apply. Student Checking accounts are available only to active students ages with proof of enrollment. A Student Checking account will be converted to a Basic Checking account after the student turns 25 years old and, following the conversions, all terms, provisions and fees applicable to the Basic Checking accounts shall apply. 7. Fees for Overdrawing Accounts. Fees may be imposed on each check, draft, item, preauthorized automatic debit, telephone initiated withdrawal, or any other electronic withdrawal or transfer transaction that is drawn on an insufficient available account balance. If you opt in to the Credit Union s Premium Overdraft Plus program, fees may also be imposed on each ATM or debit card point of purchase transaction that is drawn on an insufficient available account balance. The entire balance in your account may not be available for withdrawal, transfer or paying a check, draft or item. You may consult the Funds Availability Policy for information regarding the availability of funds in your account. Fees for overdrawing your account may be imposed for each overdraft, regardless of whether we pay or return the draft, item or transaction; provided, however, that fees will not be imposed for ATM or debit card point of purchase transaction unless you have opted in to the Credit Union s Premium Overdraft Plus program. If we have approved an overdraft protection limit for your account, such fees may reduce your approved limit. Please refer to the Service Charge Schedule* for current fee information. 8. Bonus. For $5K Savings accounts, you will earn a bonus on balances up to $5, at the end of each of the first three years following account opening. The credit union will match a percentage of the interest earned in each year. Matching will be applied as follows: Match 50% of all interest earned in Year 1 Match 75% of all interest earned in Year 2 Match 100% of all interest earned in Year 3 9. Current Rates and Fees. The rates and fees in this Rate Schedule are accurate as of the Last Dividend Declaration Date indicated on this Truth-in-Savings Disclosure. If you have any questions or require current rate and fee information on your accounts, please call the Credit Union. 10. Dormancy. Accounts are classified as dormant after 12 months of inactivity. Dormant accounts may be imposed a fee as set forth in the Service Charge Schedule*. Accounts classified dormant will receive annual statements. *To access the latest service charge schedule, please visit FAIRWINDS Credit Union Truth-In-Savings (2 of 4) December 2017

3 Terms Rate Annual Percentage Yield (APY) % Rate Schedule Certificates of Deposit Deposit Opening Certificate of Deposit Accounts 3 Month Month Month 24 Month $1, Month Month Month Month $500 6 Month Add-On Month Add-On My First Home Savings 11 Month Promotional 44 Month Promotional $100 Compounded Daily $50,000 Daily Credited Monthly At Maturity Monthly At Maturity Additional Deposit Not Allowed Allowed My First Home Savings Account Limitations Not Allowed Withdrawal Early Withdrawals Penalty Early Withdrawals Penalty Renewable Renewal for 12 Month Term Renewal for 48 Month Term IRA Certificate of Deposit Accounts 3 Month Month Month $1,000 Early 24 Month Daily Monthly Not Allowed Withdrawals At Maturity 36 Month Penalty Month Month 10 Month $500 Variable n/a n/a n/a n/a n/a n/a n/a n/a Promotional n/a n/a n/a n/a n/a n/a n/a n/a Except as specifically described, the following disclosures apply to all of the Certificates of Deposit accounts. 1. Rate Information. The Annual Percentage Yield is a percentage rate that reflects the total amount of interest to be paid on an account based on the interest rate and frequency of compounding for an annual period. For Certificate of Deposit accounts, Add-On Certificate of Deposit accounts, My First Home Savings, IRA Certificate of Deposit accounts, and Promotional Certificate of Deposit accounts, the Rate and Annual Percentage Yield are fixed and will be in effect for the initial term of the account. For Variable Rate Certificate of Deposit accounts, the Rate and Annual Percentage Yield is subject to change on the first day of each month to reflect changes in the 3-Month Treasury Bill Discount Rate as of the last week of the prior month. For Certificate of Deposit accounts, Add-On Certificate of Deposit accounts, My First Home Savings, IRA Certificate of Deposit accounts, and Promotional Certificate of Deposit accounts, for all balances, the Rate and Annual Percentage Yield listed for this account in the Rate Schedule will apply. For accounts subject to interest compounding, the Annual Percentage Yield is based on an assumption that interest will remain on deposit until maturity. A withdrawal of interest will reduce earnings. 2. Compounding and Crediting. The compounding and crediting frequency of interest applicable to each account is stated in the Rate Schedule. For all accounts, you may choose to have interest credited to your account monthly or at maturity. At your option, credited interest may be added to your account balance, may be paid to you by check, or may be paid to another credit union account of yours. FAIRWINDS Credit Union Truth-In-Savings (3 of 4) December 2017

4 3. Balance Information. The minimum balance requirements applicable to each account are set forth in the Rate Schedule. To open any account, you must purchase and maintain in your Membership Share account the par value of one full share, $5.00. Some accounts may have additional minimum opening deposit requirements. For all accounts, interest is calculated by the method, which applies a periodic rate to the balance in the account each day. 4. Accrual of. For all accounts, interest will begin to accrue on non-cash deposits (e.g. checks) on the business day you make the deposit to your account. 5. Maturity. Your account will mature as stated on this Truth-in-Savings Disclosure or on your Account Receipt or Renewal Notice. 6. My First Home Savings Account Limitations. The My First Home Savings account is a certificate of deposit with a 12 month term. You may make unlimited deposits to the account at any time. When the balance of the My First Home Savings account is used as a down payment for the purchase of a primary residence financed through FAIRWINDS, you will be eligible to receive one $ closing cost credit* if all of the following conditions are met: (i) You finance a conventional mortgage with FAIRWINDS Credit Union. (ii) Your My First Home Savings account is open at least 12 months prior to home purchase. (iii) The My First Home Savings funds are used as a down payment on your primary residence. (iv) You deposit a cumulative total of at least $ into the account each month (You may skip the $ deposit only one month per calendar year in order to maintain eligibility for the closing cost credit). (v) You have not made any withdrawals from your My First Home Savings account. *The maximum My First Home Savings closing cost credit per mortgage loan is $ This offer cannot be combined with any other closing cost offer FAIRWINDS provides. If the mortgage is paid off in the first three years, the closing cost credit must be repaid. 7. Early Withdrawals Penalty. For all accounts, including the My First Home Savings and Promotional Certificates, an early withdrawal penalty set forth below will be imposed for withdrawals made prior to maturity. We may require you to withdraw the full balance of your certificate and impose an early withdrawal penalty if requesting a withdrawal prior to maturity. 8. Amount of Penalty. For all accounts, the amount of the early withdrawal penalty is based on the term of your account. The penalty schedule is as follows: Terms of 3 months or less 1 month s interest Terms of 4 months to 11 months 3 months interest Terms of 12 months to 24 months 6 months interest Terms of 25 months or longer 9 months interest 9. How the Penalty Works. The penalty is calculated as a forfeiture of part of the interest that has been or would be earned on the account. It applies whether or not the interest has been earned. In other words, if the account has not yet earned enough interest or if the interest has already been paid, the penalty will be deducted from the principal. 10. Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: (i) When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction. (ii) Where the account is an Individual Retirement Account (IRA) and any portion is paid within seven (7) days after the establishment; or where the account is a Keogh Plan (Keogh) provided that the depositor forfeits an amount of at least equal to the simple interest earned in the amount withdrawn; or where the account is an IRA or Keogh and the owner attains age 70 ½, becomes disabled, or is withdrawing required beneficiary payments from an inherited IRA. The early withdrawal penalties will be waived for the amount representing the required minimum distribution at this Credit Union only. Amounts withdrawn in excess of the required minimum distribution may be subject to the early withdrawal penalties outlined above. The early withdrawal penalty is not waived if the IRA participant transfers or rolls over the funds, prior to maturity, to another financial institution, or redeems the investment prior to maturity for the purpose of reissuing the investment with the credit union to obtain a higher rate. (iii) Where the account is a My First Home Savings and the owner provides the Credit Union with proof of an active home purchase contract for a primary residence at the time of withdrawal. 11. Renewal Policy. The renewal policy for your accounts is stated in the Rate Schedule. For Certificate of Deposit accounts, Add-On Certificate of Deposit accounts, My First Home Savings, IRA Certificate of Deposit accounts, and Variable Rate Certificate of Deposit accounts, your account will automatically renew for another term of the same length upon maturity. For Promotional Certificate of Deposit accounts and IRA Promotional Certificate of Deposit accounts, your account will automatically renew for the next longer available term offered on non-promotional accounts at the time of renewal. For the 6 Month Add-On and 12 Month Add-On Certificates of Deposit, your account will automatically renew as an Add-On Certificate of Deposit for another term of the same length upon maturity. For the My First Home Savings, your account will automatically renew as a My First Home Savings for another 12 month term. For all accounts, you have a grace period of ten (10) days after maturity in which to withdraw funds in the account without being charged an early withdrawal penalty. 12. Nontransferable/Nonnegotiable. Your account is nontransferable and nonnegotiable. The rates appearing in this Schedule are accurate as of the Effective Date indicated on this Truth-in-Savings Disclosure. If you have any questions or require current rate and fee information on your accounts, please call the Credit Union. FAIRWINDS Credit Union Truth-In-Savings (4 of 4) December 2017

5 Rates and Yields accurate as of Type of Account Rate Annual Percentage Yield Balance to Earn Annual Percentage Yield Balance to Open Account Frequency of Rate Change Compound Credited Business Savings $0.01 $ Variable Daily End of Month Business Money Market $4, or below $0.01 Variable Daily End of Month $5, $9, $5, Variable Daily End of Month - $24, Variable Daily End of Month $5, $25, $49, $25, Variable Daily End of Month $50, $99, $50, Variable Daily End of Month $100, $100, Variable Daily End of Month Premium Business Money Market $.01 - $49, $0.01 Variable Daily End of Month $50, $249, $50, Variable Daily End of Month $250, $999, $250, $50, Variable Daily End of Month $1,000, $2,499, $1,000, Variable Daily End of Month $2,500, $2,500, Variable Daily End of Month Non- Profit Business Money Market Business Savings Accounts Schedule of Call (407) for current rate information. $4, or below $0.01 Variable Daily End of Month $5, $9, $5, Variable Daily End of Month - $24, Variable Daily End of Month $5, $25, $49, $25, Variable Daily End of Month $50, $99, $50, Variable Daily End of Month $100, $100, Variable Daily End of Month 3 Month Business Certificate of Deposit Month Business Certificate of Deposit Month Business Certificate of Deposit Month Business Certificate of Deposit Month Business Certificate of Deposit Month Business Certificate of Deposit Month Business Certificate of Deposit The rates appearing with this Schedule are accurate as of the Last Dividend Declaration Date indicated on this Business Rates Disclosure. If you have any questions or require current rate and fee information on your accounts, please the Credit Union. The rates, fees, and terms applicable to your account at the Credit Union are provided in this Business Rates Disclosure. The Credit Union may offer other rates for these accounts from time to time. BUS April 2017

6 Consumer Service Charge Schedule Listed below is FAIRWINDS Service Charge Schedule, which sets forth certain conditions, rates, fees, and charges applicable to your accounts as of November 15, This schedule is incorporated into your Master Account Agreement with FAIRWINDS Credit Union. Basic Checking - Monthly Charge... $10 Waived with a total of $500 in monthly electronic deposit(s) (direct deposit, ACH, ATM or mobile check deposit), or a $10,000 average monthly combined deposit and loan balance (excluding credit cards), or an investment* account balance $10,000 or greater. Preferred Checking - Monthly Charge... $25 Waived with $25,000 average monthly combined deposit and loan balance (excluding credit cards), or an investment* account balance $25,000 or greater. Student Checking - Monthly Charge... No Charge Only available to currently enrolled students between ages 13 to Paper Statement Fee... $2 per month Waived for members ages 13 to 17. UCF Student Checking - Monthly Charge... No Charge Only available to currently enrolled UCF students. $5K Savings Account (This product is discontinued as of February 3, 2017.) - Monthly Charge... $10 Waived with minimum $10 aggregate monthly automatic transfer from a FAIRWINDS checking account. - Withdrawal Fee... $10 If balance < $5,000 or within 3 years of account opening. Health Savings Account (This product is discontinued as of November 15, 2017.) - Additional and/or Replacement Debit Card... $5 - Excess Contribution, per Return... $10 each - Monthly Maintenance... $2.50 Savings Accounts - Money Market... $12 per month Average monthly balance below $2, Premium Money Market... $15 per month Average monthly balance below $10, Regular Savings... $5 per month Waived with a $300 average monthly balance, or minimum $25 total monthly transfer/deposit to account, or $10,000 average monthly combined savings balance, or for Preferred Checking accounts. Electronic Services - Bill Payer... No Charge - Call No Charge - estatements... No Charge - FAIRWINDS Online... No Charge Card Services - ATM Transactions - At FAIRWINDS and Presto!... No Charge - ATM Transaction - Foreign ATM... $2.50 each ATM inquiries/transfers/withdrawals at ATMs other than FAIRWINDS and Presto! - Credit Card Balance Transfer Fee... 3%, $5 minimum - Credit Card Cash Advance Fee... 4%, $10 minimum - Credit Card Custom Image... $15 Waived for Preferred Visa Signature Credit Cards. - Credit Card Late Fee... Up to $35 - Credit Card Returned Payment... Up to $30 - Credit and Debit Card Foreign Currency Exchange Rate... 2% of transactions - Debit Card Replacement... $5 - Inactive Debit Card... $1.50 per month After 6 months of no transactions Deposit Services - Account Reconcilement... $20 per hour - Bad Address... $5 per month - Bill Payment Check Copy Fee... $10 each - Check Copies (delivery of printed copies)... $5 each No charge to view/print through FAIRWINDS Online. - Check Copies Within One Day... $10 each - Dormant Account after 12 Months... $10 per month Account balances under $500 - Early Closing Fee (Within 30 days of account opening)... $15 - IRA Outgoing Direct Transfer Fee... $50 each - Return Deposit Items (Due to NSF/UCF)... $15 each Deposit Services (Continued) - Return Deposit Items... $35 each For reason other than NSF/UCF - Redeposit of a Return Deposit Item... $12 each Per member request - Stop Payment... $30 each ACH, Bill Payment, or Check - Stop Payment Removal... $10 each Loan Services - FAIRWINDS Loan Payments online by ACH... $2 each From funds at another financial institution - Loan Payments by ACH, Credit or Debit Card... $7.95 each Employee Assisted - GAP Vehicle Protection... $395/$495 - Letter of Credit... $250 - Lien Recording Fee (Vehicle Loan)... Actual Cost - Loan Late Fee (7 days past due)... 5% of monthly payment ($5 min./no max.) - Loan Processing Fee... 2% of balance ($10 min./$45 max.) - Mechanical Repair Coverage... Actual Cost - Real Estate Application... $95 - Real Estate Closing... Actual Cost - Real Estate Conversion... $250 each - Real Estate Points... Quoted Daily Overdraft - Insufficient Funds (NSF)... $35 each ACH transactions, ATM, check, and everyday debit transactions - Overdraft Transfers... $10 per day - Premium Overdraft Plus... $35 each Checks, ACH, Debit and ATM transactions - Uncollected Funds... $35 each Occurs when you make a purchase but your available balance is not enough to cover the purchase. The available balance is your balance minus any holds or debit card authorizations from merchants that may be processed on your account. Safe Deposit Services - 3x5... $50 per year - 5x5... $65 per year - 3x10... $75 per year - 5x10... $100 per year - 6x10... $115 per year - 10x10... $135 per year - Drilling of Lock... Actual Cost - Key Replacement... $50 each Wire Services - Incoming Domestic... $15 each - Incoming International... $20 each - Outgoing Domestic... $25 each - Outgoing International... $45 each Miscellaneous - Cashier s Checks... $5 each - Coin-Over 20 Rolls per Day... $2 per 20, over 20 - Coupon Redemption... $50 - Express Mail Delivery... Actual Cost Next day and second day - Fax Service (local)... $1 per page - Garnishment/Levy Processing... $100 each - Money Orders... $4 each Waived for Preferred and UCF Student Checking accounts. - Non-member Certifying a FAIRWINDS Check... $10 each - Research... $20 per hour - Statement Copies (Previous 3 months)... No Charge - Statement Copies... $5 each No charge to view/print through FAIRWINDS Online. - Verification of Deposit... $10 each *Investment products and services are offered through CUSO Financial Services, L.P. ( CFS ), registered broker dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. 11/15/ FAIRWINDS Credit Union FCU

7 Business Service Charge Schedule Listed below is FAIRWINDS Business Service Charge Schedule which sets forth certain conditions, rates, fees and charges applicable to your accounts as of May 1, This schedule is incorporated into your Business Membership and Account Agreement with FAIRWINDS Credit Union. FAIRWINDS Business Grow Account - Monthly Charge... No Charge - Bill Payer... $3.95 per month Waived if you pay 10 bills or less per month. - Deposit and Withdrawal per Item... First 25 combined items are free. $0.50 per item above 25. Combined items include checks, withdrawals, deposits, and - Paper Statement... $2 per month FAIRWINDS Business Innovate Account - Monthly Charge... $12 Waived with 15 or more posted debit transactions per month. Rebated with $5,000 or more monthly deposits from FAIRWINDS Merchant Services (Excluding POGO or CloverGo). - Deposit and Withdrawal per Item... First 200 combined items are free. $0.35 per item above 200. Combined items include checks, withdrawals, deposits, and FAIRWINDS Business Optimize Account Monthly Charge... $25 Waived with $15,000 or greater average monthly balance in checking, or $15,000 or greater average monthly loan balances, or 20 or more posted debit transactions per month, or $50,000 average monthly balance in combined deposit and loan balances (excluding certificate of deposits). Rebated with $10,000 or more monthly deposits from FAIRWINDS Merchant Services (Excluding POGO or CloverGo). - Deposit and Withdrawal per Item... First 500 combined items are free. $0.25 per item above 500. Combined items include checks, withdrawals, deposits, and FAIRWINDS Additional Business Operating Checking - Monthly Charge... No Charge - Deposit and Withdrawal per Item... First 100 combined items are free. $0.25 per item above 100. Combined items include checks, withdrawals, deposits, and FAIRWINDS UCF Club Checking - Monthly Charge... No Charge - Deposit and Withdrawal per Item... First 200 combined items are free. $0.35 per item above 200. Combined items include checks, withdrawals, deposits, and FAIRWINDS Business Analysis Checking - Monthly Charge... $15 - Deposit and Withdrawal per Item... $0.15 per item - Earnings Credit... Contact Business Services - Sweep Maintenance... $40 per account Savings Accounts - Business Money Market... $10 per month Average monthly balance below $5,000 - Non-Profit Business Money Market... $10 per month Average monthly balance below $5,000 - Premium Business Money Market... $15 per month Average monthly balance below $50,000 - Savings Account Service Charge... $5 per month Waived with an average monthly account balance of at least $500. Card Services - ATM Transactions - At FAIRWINDS and Publix Presto!... No Charge - ATM Transactions - Foreign ATM... $2.50 each ATM inquiries/transfers/withdrawals at ATMs other than FAIRWINDS and Presto! - Credit and Debit Card Foreign Currency Exchange Rate... 3% of transaction - Credit Card Returned Payment... $30 - Credit Card Late Fee... $39 - Credit Card Over Limit... $39 Over-limit by 1% or more of the credit line - Credit Card Balance Transfer Fee... 3%, $5 minimum Card Services (continued) - Credit Card Cash Advance Fee... 4%, $10 minimum - Debit Card Replacement... $5 - Inactive Debit Card... $1.50 per month After 6 months of no transactions Deposit Services - Account Reconcilement... $20 per hour - Dormant Account after 12 Months... $10 per month Account balances under $500 - Return Deposit Items (Due to NSF/UCF)... $15 each - Return Deposit Items... $35 each For reason other than NSF/UCF - Redeposit of a Return Deposit Item... $12 each Per member request. - Stop Payment... $30 each ACH, Bill Payment, or Check - Stop Payment Removal... $10 each Electronic Services - Call No Charge - e-statements... No Charge - FAIRWINDS Business Online... No Charge - Online ACH/Payroll Implementation *... $100 - Online ACH/Payroll Exception Item *... $5 each - Online ACH/Payroll Template Assistance *... $5 each * Requires FAIRWINDS Business Grow Checking, FAIRWINDS Business Innovate Checking, FAIRWINDS Business Optimize Checking, or FAIRWINDS Business Analysis Checking. Overdraft Services - Insufficient Funds (NSF)... $35 each ACH transactions, ATM, check, and everyday debit transactions. - Overdraft Transfer... $10 per day Waived for FAIRWINDS Business Optimize Checking and FAIRWINDS Business Analysis Checking. - Uncollected Funds... $35 each Occurs when you make a purchase but your available balance is not enough to cover the purchase. The available balance is your balance minus any holds or debit card authorizations from merchants that may be processed on your account. Wire Services - Incoming Domestic... $15 each - Incoming International... $20 each - Outgoing Domestic... $25 each - Outgoing International... $45 each - Online Wire: Implementation *... $120 - Online Wire: Wire Template Assistance *... $5 each - Online Wire: Outgoing Domestic *... $10 each - Online Wire: Outgoing International *... $20 each * Requires FAIRWINDS Business Grow Checking, FAIRWINDS Business Innovate Checking, FAIRWINDS Business Optimize Checking, or FAIRWINDS Business Analysis Checking. Miscellaneous - Account Research... $20 per hour - Bad Address... $5 per month - Bill Payment Check Copy Fee... $10 each (per check) - Cash - Coin Purchase or Deposit... $0.10 per roll - Cash - Currency Purchase or Deposit... $0.10 per $100 (after $5,000) - Check Copies... $5 each Delivery of printed check copies. No charge to view/print through FAIRWINDS Business Online. - Check Copies Within One Day... $10 each - Express Mail Delivery... $20 - $75 Next day and second day - Early Closing Fee (Within 90 days)... $25 - Fax Service (local, per page) $1 each - Garnishment/Levy Processing... $100 each - Loan Payments by ACH, Credit or Debit Card... $7.95 each Employee Assisted - Loan Payments online by ACH... $2 each From funds at another financial institution - Money Order... $4 each - Cashier s Check... $5 each - Statement Copies (Previous 3 months)... No Charge - Statement Copies... $5 each No charge to view/print through FAIRWINDS Business Online. - Verification of Deposit... $10 each 05/01/ FAIRWINDS Credit Union FCU