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- Services: Rates
As of November 1,
2011Rates Are Subject to change without notice
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Your Funds
are Federally insured to at least $250,000 and backed by the full faith
and credit of the United States Government. The National Credit Union
Administration (NCUA) is a U.S., Government Agency. Please call or stop
in for a booklet on Your Insured Funds. |
Savings
|
Type of Account |
Dividend
Rate |
Annual Percentage Yield |
Other Information |
|
Share |
.25% |
.25% |
$25 Minimum Balance |
|
Club |
.25% |
.25% |
No Minimum Balance |
|
Member Checking |
.0% |
.0% |
No Minimum Balance |
|
Member Plus Checking |
.20% |
.20% |
$500 Minimum Balance |
|
IRA < $10,000 |
.55% |
.55% |
|
|
IRA > $10,000 |
.80% |
.80% |
|
|
Money Market Account |
|
|
|
|
Equal to or less then
$20,000 |
.30% |
.30% |
$1000
Minimum Balance |
|
Greater than $20,000 |
.45% |
.45% |
$1000 Minimum Balance |
|
Certificate of Deposit |
|
|
|
|
6 months |
.45%
|
.45%
|
$1000
Minimum Balance |
|
1 yr |
.55%
|
.55%
|
$1000
Minimum Balance |
| 15 months |
.70% |
.70% |
$1000 Minimum Balance |
|
2 yrs |
.80%
|
.80%
|
$1000
Minimum Balance |
|
3 yrs |
1.15%
|
1.16%
|
$1000
Minimum Balance |
|
4 yrs |
1.50%
|
1.51%
|
$1000
Minimum Balance |
|
5 yrs |
2.00%
|
2.02% |
$1000
Minimum Balance |
|
IRA Certificate of Deposit |
|
|
|
|
6 months |
.45%
|
.45%
|
$1000
Minimum Balance |
|
1 yr |
.55%
|
.55%
|
$1000
Minimum Balance |
|
2 yrs |
.80%
|
.80%
|
$1000
Minimum Balance |
|
3 yrs |
1.15%
|
1.16%
|
$1000
Minimum Balance |
|
4 yrs |
1.50%
|
1.51%
|
$1000
Minimum Balance |
|
5 yrs |
2.00%
|
2.02% |
$1000
Minimum Balance |
Monty Moose
(Children's Savings Account) |
.25% |
.25% |
$5
Minimum Balance |
| Take Charge (Teen Program) |
.25% |
.25% |
$5
Minimum Balance |
Monty Moose &
Take Charge Certificates are also available.
Minimum Balance is $500. Rates and Terms are same as those stated above.
Share & Checking Accounts Truth in Savings Disclosure click here
Share Certificate Accounts Truth in Savings Disclosure click here
Account Service Fees
Share (Savings) Account Fees
- Accounts under the minimum balance of $25.00 will be subject to a $5.00 per month service fee.
- Share Accounts closed within 6 months of opening will be charged a $20.00 fee.
-
2nd Returned Statement due to incorrect address $5.00
- Back-Up Withholding
Set-Up Fee $10.00
- Legal Processing Fee $25.00
- Inactivity Account
Fee $50.00
Share Draft (Checking)
- Monthly Service Charge $1.00 per month
- Member Plus Checking $5.00 per month - if minimum not met
- NSF Fee $25.00 per item
- Member Privilege fee $25.00 per item
- Debit Card NSF fee $25.00 per item
- Overdraft Transfer Fee $5.00 per item
- Copy of Share Draft Fee $3.00 per item
(Over Night $7.00 per item)
- Check Printing Fee prices may vary depending on style
Business Checking
- Monthly Service Charge $6.00
- Over 50 items cleared per month $0.20
IRA Fees
- IRA New Account $5.00
- IRA Annual Fee $8.00
- IRA Close/Transfer $25.00
Other Service Fees (applicable to all accounts)
- Account Reconciliation $15.00 per hour
- Account Research $15.00 per hour
- Statement Copy Fee $5.00 per copy
- Deposited Item Return Fee $10.00 per item
- Wire Transfer Fee
Outgoing $20.00 per transfer
International $35.00 per transfer
- In State Credit Union to Credit Union $5.00
- Western Union Quick Cash $18.00 each
- Money Order Fee $1.00 each
- Money Order Copy $5.00 each
- Stop Payment Request Fee $20.00 per request
- 2nd Extension Loan Processing Fee $25.00
- Loan Modification Fee $150.00
- Lien Subordinations $150.00
- Current History $2.00
- Corporate Draft Copy $10.00 each
- Photocopies $0.25 per copy
- Phone Transfer Fee $3.00 (unless Online Access is not available)
Electronic Funds Transfer Fees (NEACH)
- ACH NSF Fee $25.00 per item
- Member Privilege ACH Fee $25.00 per item
- ACH Stop Payment Request $20.00 per item
- Midcoast owned ATM FREE
- Nonproprietary ATMs $1.00
- Nonproprietary ATMs $0.65 per Account Inquiries
- Nonproprietary ATMs $0.65 per Funds Transfer Fee
- ATM Withdrawals $1.00 after Four (4) FREE per month
- VISA International ATM Fees range between $0.50 - $1.25 on top of
additional exchange fees. For more information contact our Card Services
Department located in our Bath Office, toll free at 1-877-964-3262 or
443-5531.
- Teller-Phone FREE
- Midcoast Connection Online Service FREE
- CU E-Statements FREE
Midcoast Federal Credit Union is a member of Surf (Surcharge-free ATM Credit Union Alliance). The rates and yields appearing in the Rate and Fee Schedule are accurate and effective as of today's date. If you have any questions or require current rate information on your accounts, please call Midcoast Federal Credit Union.
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