Business Service Fees

Effective Date: July 1, 2025

MY CREDIT UNION Membership
Membership Share	$5 par value
Closing Account (within 90 days of account opening)	$10

Business Checking AND Organizational Checking Account Fees

Fee Type	Amount
Check Printing	Prices vary by style
Check Copy	$5 per copy
Overdraft*	$25 per item
Insufficient Funds Charge	$25 per item
Check Stop Payment	$30 per request
ACH Stop Payment	$30 per occurrence
ACH Same Day Transfer	$25 per transfer

*This fee will appear on account statements as "Insufficient Funds Charge (Paid)."

 

Business Checking Account Fees 
(These DO NOT pertain to Organizational Checking Accounts)

Average Monthly Balance Fee Based on All Deposit Accounts
$0-$999.99	$10
$1,000-$2,499.99	$5
$2,500 and greater	$0
$25,000 and greater	$0 and no deposit, item, or cleared check charge
# of Deposits per Month
0-20	$0
21-50	$0.50 each deposit
51 and greater	$1.00 each deposit
# of Checks Deposited per Month
0-50	$0
51 and greater	$0.03 each check
# of Checks Cleared per Month
0-50	$0
51 and greater	$0.20 each check

 

Other Service Fees (Applicable to All Accounts)

Service	Fee
Currency Purchase	$0.20 per currency strap
Coin Purchase	$0.05 per roll
Notary Public	Member Free. $5 Non Member
MY CREDIT UNION or Medallion Signature Guarantee	Member Only, No Charge
Photocopy	$0.25 per page
Statement Copy	$5 per copy
Current Transaction Printout	$1 per copy
Account Reconciliation	$30 per hour
Account Research	$30 per hour
Deposit Returned Check	$4 per item
Items Sent for Collection	$15 per item
Legal Process (Levy, Garnishment, or Summons)	$100 per item
Returned Mail	$10 per occurrence
Wire Out Transfer (Domestic)	$25 per transfer
Wire Out Transfer (International)	$100 per transfer
Lockable Deposit Bag	At cost
Cashier’s Check	$5 per check, members w/ aggregate balances + $10K free
Canadian Item Processing	$20 per deposit
Foreign Item Processing	Varies depending on country, please inquire
Copy of Lien Release	$10 per item
Dormant Fee (membership - non-active account relationship 12 mo. or longer, over 21. Account balance +$250 no fee)	$10 per month
IRA Transfer Fee	$25 per transfer

 

Electronic Funds Transfer

MY CREDIT UNION Debit & ATM Card Fees
Monthly Fee	None
ATM Withdrawals at MY CREDIT UNION Owned Machines	None
ATM Withdrawals at Non-MY CREDIT UNION Owned Machines*	$1 per transaction
ATM/Debit International Transactions	1% of transaction total
Debit Card Overdraft	$14 per item
Debit Card Replacement	$10 per card
Rushed Card	$30 per card

* There may be an additional surcharge on your transaction from the ATM owner.

 

Safe Deposit Box Fees (Annual Rental)

Box Size	Annual Fee
3" x 5" *	$25
5" x 5"	$40
3" x 10"	$50
5" x 10"	$80
6" x 10" *	$90
10" x 10"	$120
Late Payment	$5 per month
Loss of One Key	$15
Loss of Both Keys/ Drilling of Box	At cost

* Listed box size not available at all locations, speak to a MY CREDIT UNION Member Service Representative for more details. 

Safe Deposit Box Hours

You may access your safe deposit box during normal hours of operation. Refer to the 'Locations' tab for specific branch hours.

Safe deposit box rentals are available at the Richfield, Lyndale Avenue, and Inver Grove Heights branch offices only.

Fees and service charges are subject to change. The fees appearing on this Schedule are accurate and effective for deposit accounts as of the Effective Date indicated on this Fee Schedule. If you have questions, or require current rate or fee information on your accounts, please call the Credit Union at 612.798.7100 or 800.967. MY CREDIT UNION (7228).