Fees

No one likes fees, but unfortunately sometimes they’re unavoidable. The good news is you can waive many of these fees by using the MoneyPerks points you’ve been earning! All fees are effective as of January 1, 2018.

Credit and Debit Cards

Cost

MoneyPerks Points

Card replacement (lost/stolen)

$12

3,000

PIN re-order

$2

500

Reactivation

$25

N/A

Credit card late payment

$25

N/A

Debit card overdraft

$31

4,000

Sales draft copy

$5

1,000

NSF payment

$31

4,000

Cash advance (debit & credit cards)

3% of advance, minimum $10

N/A

Cash advance (debit & credit, another financial institution card)

$5

N/A

Credit card overnight delivery fee

$47

6,000

Personalized debit card

$15

2,000

Foreign transaction

1% of each transaction in U.S. dollars

N/A

ATM Transaction Fees

Cost

MoneyPerks Points

Michigan First / CO-OP ATMs

Free

N/A

All other ATMs

1 free/month, $2.50 each additional

700

Surcharge for non CO-OP Network transactions

$3

N/A

Overdrafts (non-sufficient funds)

$31

3,000

Overdraft transfer from savings

1 free/month, $3 each additional

700

Certificate Services

Cost

MoneyPerks Points

CD early withdrawal

90 days interest

N/A

Checking Account

Cost

MoneyPerks Points

Check copy

$5

1,000

Account reconciliation

$25/hour

N/A

Check printing and re-orders

Varies

3,000

Non-sufficient funds

$31

4,000

MoneyNow® overdraft

$31

4,000

Third party non-sufficient funds (returned items – innocent deposit)

Free

N/A

Overdraft transfer from savings

1 free/month, $3 each additional

800

Stop payment

$31

4,000

Verification of deposit

$10

N/A

Classic Checking

$20/month

N/A

Loan Programs

Cost

MoneyPerks Points

Delinquent loan / late fee

20% of delinquent interest (10 day grace period)

N/A

Skip-A-Pay eligible loans

$40 most eligible loans ($60 home equities)

5,000 (7,000 home equity)

Extension agreement

$40

5,000

General Services

Cost

MoneyPerks Points

Telephone transfer within account

$1

250

Account history – ATMs

$1

N/A

Account history (at branch)

$5

1,000

Account/loan number change

$50

6,000

Statement copy

$5

1,200

Account research (members)

$25/hour

N/A

Account research (outside agencies)

$50/hour

N/A

Money orders

$3

800

Official check

$3

800

Official check copy

$5

1,000

Official check (stop payment)

$31

4,000

Unclaimed property

$50

N/A

Undeliverable mail

$5

1000

Foreign checks / collection items

$10 + bank charges

N/A

Non-member check cashing

$5

N/A

Levies and garnishments

$75

N/A

Safe deposit box 3 x 5

$30/year

4,000

Safe deposit box 3 x 10

$45/year

6,000

Safe deposit box 5 x 10

$80/year

10,000

Safe deposit box 10 x 10

$110/year

15,000

Safe deposit box lost key

$10

N/A

Safe deposit box drilling

$125

N/A

Traveler’s checks (one signature)

$1/100

N/A

Traveler’s checks (two signatures)

$1.50/100

N/A

Service centers & shared branches

$4 teller cash withdrawal

800

ACH / Electronic Funds

Cost

MoneyPerks Points

Return ACH

$31

4,000

Stop payment

$31

4,000

Wire transfer – outgoing (domestic)

$25

3,000

Wire transfer – outgoing (international)

$50

6,000

Wire transfer – incoming

Free

N/A

Outgoing account to account transfer

$2

N/A

Manual posting of an ACH item

$20/item after appropriate notice

N/A

Savings Programs

Costs

MoneyPerks Points

Account re-opening fee (within one year of closing)

$25

N/A

Minimum balance fee (balance falls below $100* after 3 months)

$3/month

800


*Savings minimum balance fee waived for minors and for First Gear account holders.