Fee Schedule - TruChoice Federal Credit Union

We hate charging fees, but to protect the interests of all of our members, TruChoice does charge fees for certain services that aren't used by the majority of our membership. To help you reduce or avoid these fees, please consult the Note column in each table or contact us with any questions. You should also contact us immediately if you feel you were charged a fee in error.

General

Service	Fee	Fee-Saving Tips
Inactivity Fee If your account has no activity on it for 2 years	$5 per month	Set up Direct deposit for even a small amount Write a check for something special each year from your account - Mother's Day, your birthday etc.
Account Closure Fee If you close an account within 180 days of opening it.	$25 per month	Enjoy the benefits of your TruChoice accounts for more than 180 days
Early Withdrawal Fee If you withdraw money from your Christmas Club Account	$10 per occurrence	Start out putting small amounts into your Christmas Club and build up from there based on your monthly budget. You can always make an additional deposit later!
Single Service Fee If you have just a single savings account and Average Daily Balance is below $200.	$5 per month	Put more money into the account to bring it up over $200 Open a checking account with no minimum balance and no monthly fees
Returned Statement Fee	$5 per statement	Sign up electronic statements online Be sure to notify TruChoice of any change of address
Escheatment Fee	$50 total	Keep account active

ATM or Visa® Check Card

Service	Fee	Fee-Saving Tips
ATM or Visa® Check Card (VCC) replacement	$10 per card (add'l $50 to rush VCC)	Treat your card like it's cash! Call, e-mail or stop in and we'll give you a protective sleeve for your card

Visa® Credit Card

Service	Fee	Fee-Saving Tips
Late Fee If you submit a payment 20 days past the due date	$25	Schedule an automatic credit card payment by phone or online banking
Visa^® Card Replacement	$10 per card (add'l $50 to rush VCC)	Treat your card like it's cash! Call, e-mail or stop in and we'll give you a protective sleeve for your card
Copy of sales draft	$5 per item	Save your receipts until you see them on a statement

Loans

Service	Fee	Fee-Saving Tips
Loan Reapplication Fee If you apply more than once for the same type of loan in a 6-month period and the original loan application was denied or withdrawn	$20 per occurence	Call or come in to discuss your options with us before you apply for a loan
Title Fee	$33	None
Late Fee If you submit a payment 20 days past the due date	$25	Call to set up an automatic loan payment Use our online TruAlert system to get notification when your loan is due Make automatic loan payments with every pay period so you don't have to pay a lump sum monthly
UCC Fee Fee to obtain a Universal Commercial Code from the State for vehicle types that do not have titles (e.g. ATV, snowmobile, golf cart)	$10	None

Insufficient Funds

Service	Fee	Fee-Saving Tips
Share Transfer Fee If funds had to be transferred to cover a check, an electronic payment or funds withdrawn by using your ATM card or Visa® Check Card	$2 per transfer	Track your transactions online or on the mobile app to stay on top of your balance
Returned Draft Fee If we dishonor a payment made by check due to insufficient funds	$30 per item	You can avoid any additional fees that the merchant might charge you by using overdraft protection. Track your transactions online to stay on top of your balance Find out if you qualify for an Ever Ready (ER) Line of Credit
Return Automated Clearing House (ACH) Fee If we dishonor an electronic payment due to insufficient funds	$30 per item	You can avoid any additional fees that the merchant might charge you by using overdraft protection. Track your transactions online to stay on top of your balance Find out if you qualify for an Ever Ready (ER) Line of Credit
Overdrawn Fee The fee to honor electronic transactions when funds were not available at the time of posting	$30 per item	You can avoid any additional fees that the merchant might charge you by using overdraft protection. Track your transactions online to stay on top of your balance Find out if you qualify for an Ever Ready (ER) Line of Credit
Privilege Pay Fee Any check, ACH, or Visa® Check Card (optional service) transaction that is cleared by using our discretionary overdraft service	$30 per item	Track your transactions online or on the mobile app to stay on top of your balance Find out if you qualify for an Ever Ready (ER) Line of Credit
Deposit Item Fee If an item you deposit into your TruChoice account is returned for insufficient funds	$10 per item	Be careful who you accept checks from Ask for a cashier's check or money order when someone is paying you Follow us on Facebook and read the TruNews to stay informed of potential scams

Wires

Service	Fee	Fee-Saving Tips
Outgoing Wire Fee	$25 per transfer	Use online banking to transfer the money Write a check
International Wire Fee	$50 per transfer	None
Share to Share Wire Fee When wiring money from your TruChoice account to most other Maine credit union accounts	$25 per transfer	Use online banking to transfer the money Write a check

Account Assistance

Service	Fee	Fee-Saving Tips
Reconciliation Fee If you need help reconciling your checkbook	$25 per hour	Use our reconciliation worksheet to balance your checkbook each month
Check Withdrawal/Money Order Fee	$3 per check ($1.50 per check for seniors)	Use online bill pay
Stop Payment Fee If you need to stop payment on a personal check that you have written	$30 per item	Be very careful when writing checks - check the amount, signature and payee information Ask your post office about options for delivery confirmation
Research Fee	$25 per hour	Keep records of transactions at home
Statement Copy Fee If you need back copies of your statement	$5 per statement	You can download statements up to 24 months old online for free
Copy of Check If you need a copy of a cleared check that was written from your personal checkbook	$5 per copy unless you access it online	You can view and print check copies online at no cost
Check Order If you need more personal checks	Varies	Bill Pay is available through your online banking at no cost.