Business Fee Schedule

Effective: January 1, 2013
 
Business New Account Set-Up Fee
$ 15.00
Business Savings Account Monthly Service Charge
Affects members age 18 or older whose total funds on deposit (cumulative) on the last day of the month are under $50.00 and have no loan (Credit Cards excluded).
$ 5.00
Total Business Checking Monthly Service Charge
- waived if average monthly balance is at least $1500
$ 10.00
Total Business Checking Per Item Fee
- First 100 Items FREE
$ 0.25
Basic Business Checking Monthly Service Charge
- waived if average monthly balance is at least $1500
$ 5.00
Basic Business Checking Per Item Fee
- First 125 Items FREE
$ 0.20
Business Account Update
$ 20.00
Currency Deposited Fee
- charged for every $100 over $5,000
$ 0.20
Rolled Coins - per roll
$ 0.10
Special Currency Orders - over $5,000
$ 50.00
Overdraft Privilege (item paid) This fee will be imposed for overdrafts created by checks, ACH debits, ATM withdrawals, debit card purchases and in person withdrawals. Overdrafts must be paid within 30 days.
$ 25.00
ACH Credit Manual Post (each)
$ 10.00
ATMs withdrawals at ATMs other than McCoy, CU Here & Publix (each)
$ 2.00
Bad Address (fee charged monthly on savings acct)
$ 5.00
Coin Processing
3%
Returned Item (drawn on a 3rd party’s account)
$ 15.00
Returned Item (drawn on member’s account at another financial institution)
$ 30.00
Dormant Account (fee charged to savings monthly if no activity for 1 year)
$ 5.00
Early Account Closure (charged if account is closed within 90 days of opening)
$ 10.00
Foreign Check Collection (each)
$ 35.00
IRA Transfers to another institution (each)
$ 30.00
IRS Levy (each)
$ 50.00
My McCoy FREE
Money Orders (each)
$ 1.00
Exchange a Member’s Check for a Cashier’s Check at Request of Payee
$ 10.00
Items Returned for Non-Sufficient or Uncollected Funds (each)
$ 30.00
Official Checks (each)
$ 1.00
Overdraft Protection - Automatic transfer from savings or line of credit (each)
$ 5.00
Vehicle Paper Title Rush
$ 25.00
Request to Mail Official Check (each)
$ 2.00
Research Check Book Balancing (per hour, 1 hour minimum)
$ 15.00
Statement Copies, Check Copies, Account History Printout (each)
$ 2.00
Statements Mailed to My McCoy Users (FREE online)
$ 5.00
Stop Payment (FREE if placed via My McCoy or Toni the Teller)
$ 25.00
Stop Payment Removal
$ 10.00
Verification of Account Letter or Verification of Deposit Form
$ 15.00
Western Union (within the USA & International)
$ 20.00
Wire Transfer Outgoing (Within USA)
$ 25.00
Wire Transfer Incoming
$ 15.00
Collection Agency Reporting
$ 20.00
BUSINESS CREDIT CARD / DEBIT CARD
 
Replace Credit Card or Debit Card
$ 10.00
Rush Order on Replacement Credit Card or Debit Card
$ 25.00

Credit Card Late Payment Fee
Maximum of $25 but not more than the minimum monthly payment

Up to $25

Returned Check on Credit Card Payment
Maximum of $25 but not more than the minimum monthly payment

Up to $25
Copy of Credit Card Statement, Sales Slip or Other Item (each)
$ 5.00
Credit Card Cash Advance (minimum of $10)
3%
BUSINESS LENDING
 
Mortgage Lein Satisfaction

Disclosed
at time of application

Auto Refinance
Consumer Loan Application
Mortgage Application
Skip-a-Pay (Offered TWICE a Year)
Late Payment on Loan
(minimum of $15 - maximum $25)
Loan Extension
(Effective February 1, 2011)
Subordination
Electronic Payment Fee
(Make loan payment from another finanical institution, or by credit/debit card, each payment)
2.5%
SAFE DEPOSIT FEES
 
Safe Deposit Box Key Deposit
$ 10.00
Safe Deposit Box Drilling Fee
$ 175.00
Safe Deposit Box Annual Rental Fee
3" X 5"
$ 36.00
Safe Deposit Box Annual Rental Fee
3" X 10"
$ 48.00
Safe Deposit Box Annual Rental Fee
5" X 10"
$ 60.00
Safe Deposit Box Annual Rental Fee
10" X 10"
$ 96.00
CREDIT UNION SHARES
A minimum balance of $5.00 is required at all times in the primary savings (share) account. The first $5.00 in shares cannot be used for overdraft protection or automatic loan payment transfers or ATM withdrawals.
CHECK ORDERS
The charge for your initial order of checks and all subsequent reorders will be deducted automatically from the checking (share draft) account. The deduction will appear on your monthly statement.
ATM DEPOSITS
Funds deposited into an ATM will be placed on hold for two (2) Business days not counting the day of deposit. The following amounts will be made available to you immediately:
• $500 for consumer & business accounts
• $100 for Fresh Start Checking accounts
NON-MEMBER SURCHARGE ON ATM WITHDRAWS
Withdrawals from a McCoy ATM using a card issued by another financial institution will be subject to a $2.00 surcharge in addition to any fees charged by the financial institution who issued the card.
Business Services



Featured Rates

APR as low as

New Auto 1.99% Apply
Used Auto 3.00% Apply

Mortgage Rates

15 Year Fixed 3.793% Apply
30 Year Fixed 4.775% Apply

APY as high as

Savings 0.15%
12 Month Certificate 0.70%
Money Market 0.20%
APY=Annual Percentage Yield
APR=Annual Percentage Rate

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