Business Fees
Business Banking Fees
|
Account Feature |
Business Basic |
Business Performance |
|---|---|---|
|
Account Feature ACH Platform Services |
Business Basic Contact for proposal |
Business Performance Contact for proposal |
|
Account Feature Payroll/Merchant Services |
Business Basic Contact for proposal |
Business Performance Contact for proposal |
|
Account Feature Remote Deposit Capture |
Business Basic Contact for proposal |
Business Performance Contact for proposal |
|
Account Feature Opening Deposit |
Business Basic $100 |
Business Performance $1,000 |
|
Account Feature Minimum Balance |
Business Basic $50 |
Business Performance $50 |
|
Account Feature Monthly Maintenance Fee |
Business Basic $5 (waived with minimum $500 average daily balance) |
Business Performance $20 |
|
Account Feature Per Item Charge |
Business Basic $0.35 per item after 50 |
Business Performance N/A |
|
Account Feature Business Account Research Fee |
Business Basic $30 per hour |
Business Performance $10 per hour |
|
Account Feature Business Cash/Coin Order Fee |
Business Basic $5 per order |
Business Performance N/A |
|
Account Feature Business Deposit Tickets & Stamp |
Business Basic Prices vary on style |
Business Performance Prices vary on style |
|
Account Feature Account closure |
Business Basic $25 if closed within 6 months of account opening |
Business Performance $25 if closed within 6 months of account opening |
|
Account Feature Account Research |
Business Basic $30 per hour (or fraction thereof) |
Business Performance $10 per hour (or fraction thereof) |
|
Account Feature Account Verification |
Business Basic $20 each |
Business Performance $20 each |
|
Account Feature ACH Stop Payment |
Business Basic $25 each |
Business Performance $25 each |
|
Account Feature ATM Withdrawals |
Business Basic 5 free each month, $2.00 each additional (unlimited free withdrawals at all LFCU-owned ATMs) |
Business Performance 5 free each month, $2.00 each additional (unlimited free withdrawals at all LFCU-owned ATMs) |
|
Account Feature Attachment (tax levy, garnishment) |
Business Basic $75 each |
Business Performance $75 each |
|
Account Feature Bad Address on Account |
Business Basic $10 per month |
Business Performance $10 per month |
|
Account Feature Cashier’s Check |
Business Basic $8 each |
Business Performance $8 each |
|
Account Feature Cashier’s Check Stop Payment |
Business Basic $25 each |
Business Performance N/A |
|
Account Feature Check Photocopy |
Business Basic $2 each; free if member retrieves via Online Banking |
Business Performance $2 each; free if member retrieves via Online Banking |
|
Account Feature Check Stop Payment |
Business Basic $25 each |
Business Performance N/A |
|
Account Feature Dormant Account Fee |
Business Basic $20 per month |
Business Performance $20 per month |
|
Account Feature Excessive Money Market Withdrawals |
Business Basic $20 |
Business Performance $20 |
|
Account Feature Excessive Preferred Savings Account Withdrawals |
Business Basic N/A |
Business Performance N/A |
|
Account Feature Excessive Premier Savings Account Withdrawals |
Business Basic N/A |
Business Performance N/A |
|
Account Feature Failure to maintain minimum Share Savings balance |
Business Basic $10 per month |
Business Performance $10 per month |
|
Account Feature Foreign Transaction Fee |
Business Basic 2% |
Business Performance 2% |
|
Account Feature Loan Late Payment |
Business Basic 5% of payment amount due |
Business Performance 5% of payment amount due |
|
Account Feature Mastercard® Late Payment |
Business Basic $35 per month |
Business Performance $35 per month |
|
Account Feature NSF or Returned Item (Check, ACH, ATM overdraft) |
Business Basic $30 each |
Business Performance $30 each |
|
Account Feature Non-Member Check Cashing |
Business Basic $10 per check |
Business Performance $10 per check |
|
Account Feature Overnight Mail Delivery |
Business Basic $18 each |
Business Performance $18 each |
|
Account Feature Online Banking Checks |
Business Basic $5 each |
Business Performance $5 each |
|
Account Feature Online Bill Pay |
Business Basic $5 per month |
Business Performance N/A |
|
Account Feature Share Savings Withdrawals |
Business Basic 4 free each month, $1 each additional |
Business Performance 4 free each month, $1 each additional |
|
Account Feature Replacement ATM/Debit Card |
Business Basic $15 each |
Business Performance $15 each |
|
Account Feature Replacement ATM/Debit PIN |
Business Basic $5 each |
Business Performance $5 each |
|
Account Feature Returned Deposit Item |
Business Basic $25 each |
Business Performance $25 each |
|
Account Feature Returned Bill Pay Item |
Business Basic Bill Pay provider charges a $25 fee for overdrafts (this fee is in addition to LFCU’s NSF fee) |
Business Performance Bill Pay provider charges a $25 fee for overdrafts (this fee is in addition to LFCU’s NSF fee) |
|
Account Feature Short-Term Account History |
Business Basic $5.00 each |
Business Performance $5.00 each |
|
Account Feature Skip a Payment |
Business Basic 10% of full payment per loan |
Business Performance 10% of full payment per loan |
|
Account Feature Statement Photocopy |
Business Basic $3 |
Business Performance $3 |
|
Account Feature Treasury Tax & Loan Payments |
Business Basic $25 each |
Business Performance $25 each |
|
Account Feature Wire Transfers |
Business Basic Incoming: $15 Outgoing: $25 ea. (domestic) $40 ea. (foreign) |
Business Performance Incoming: $15 Outgoing: $25 ea. (domestic) $40 ea. (foreign) |