New Fee Schedule Effective August 1st
Effective August 1, 2017, our fee schedule will change. The updated fee schedule can be downloaded online. Please review the changes carefully as your account may be impacted.
The listing of fee changes is included below and details can be reviewed on the full fee schedule.
Paper Statement and Online Bill Pay Fees
We will no longer charge these monthly fees.
Excessive Withdrawal From Savings
Members can make 3 in-branch withdrawals without fee from their savings account each month, regardless of their average daily balance.
External Account Loan Payments
Members may now make payments on their Chesterfield FCU loans by phone from an account elsewhere. Fees for an electronic ACH transaction are $3.00 / payment. For credit/debit card payments, the fee is 2% of the transactions, with a minimum charge of $5.00.
Invalid Account Number
If we receive an invalid account number on an incoming electronic transaction, rather than rejecting the item, we will post the transaction and assess a fee of $3.00. Before initiating an electronic transaction, please contact us at 804-748-1417 to confirm the correct information.
ATM Usage, Out of Network
Members will be charged $2.00 for each ATM transaction outside of our surcharge-free network. To avoid this fee, simply use ATMs within the Allpoint, CUHere & MoneyPass networks.
NSF / Overdraft Privilege
/ Uncollected Funds
Fees for insufficient funds, overdraft privilege transactions and uncollected funds will increase to $30.
Savings Only (Single Service) Fee
A $5.00 monthly fee will be charged if you utilize only savings products (savings & club accounts). To avoid this fee, consider a loan, checking account or certificate product. This replaces the current single service fee.
In-Branch Stop Payment
Our in-branch stop payment fee will increase to $30.00. Members can continue to complete stop payment requests with Net24 Home Banking and Dial24 Telephone Banking at no charge.
Money Market Monthly Service Fee
The minimum average daily balance required to avoid the $10.00 monthly fee will increase to $2,500.00.
Fees for account reconciliation will increase to $20.00 / hour with a 1 hour minimum.
Domestic Wire Transfers
Domestic wire transfer fees will increase to $20 / transaction.
Accounts with a bad address flag will be charges $2.00 / month until your address is updated.
Money orders are available for $3.00 each.
Debit Card Replacement
Members will be allowed one debit card replacement per year at no charge. Each additional debit card replacement will be $10.00.
Reg D Transactions
Electronic transactions over 6 per month will be charged a $2.00 fee per transaction.
For consistency, any fee discounts that may apply through our Owner
Advantage program are not reflected here.