The rates and fees appearing in this schedule are accurate and effective for accounts as of February 1, 2023. If you have any questions or require current rate and fee information on your accounts, please email MemberServices@DOLFCU.org or call (202) 789-2901.
Savings/Share Account Fees
| Membership Opening Deposit | $ 5.00 |
Checking Account Fees
| NSF Fee/Uncollected Fee - Per Submission - Max Three (3) Per Day Charge | $ 30.00 |
| Overdraft Fee - Max Three (3) Per Day Charge | $ 30.00* |
| Stop Payment - Per Request/Per Series | $ 30.00/$ 35.00 |
| Check Printing | Varies |
| Check Copy - Per Month (FREE Online) |
$ 5.00 |
Loan Service Fees
| Credit Card Replacement | $ 5.00 |
| Expedited Credit Card Replacement | $ 40.00 |
| Returned Loan Payment - Per Item | $ 30.00 |
| Delinquent Loan Payment | 10% of late payment due, up to $35.00 |
| Flex Loan Payment Modification | $30.00 |
| Mastercard Late Payment - Up to | $ 20.00 |
| Mastercard Return Payment - Up to | $ 30.00 |
| Mastercard Foreign Transaction Fee - Percentage of Transaction | 1.0% |
| Stretch Pay Annual Fee for $750 limit | $ 120.00 |
| Stretch Pay Annual Fee for $500 limit | $ 70.00 |
| Stretch Pay Annual Fee for $350 limit | $ 35.00 |
| Stop Payment Loan Check | $ 20.00 |
| Skip a Pay | $20 Online/ $30 Inhouse |
| Subordination Fee | $ 150- $250.00 |
Electronic Funds Transfer Fees
| Non-proprietary ATM Withdrawal - Per Transaction | $ 1.00 |
Other Service Fees (Apply to ALL Accounts)
| Account Research/Reconciliation - Per Hour | $ 30.00 |
| Account History Documentation - (FREE Online) | $ 4.00 |
| ATM/Debit Card Replacement - Lost/Damaged | $ 5.00 |
| ATM/Debit Card Replacement - Expedited | $ 40.00 |
| Official or Certified Check - Per Check | $ 5.00 |
| Official/Certified Check or Money Order Stop Payment Request | $ 30.00 |
| Collection Fee for Charged-Off Share/Checking Accounts | $ 30.00 |
| Dormant Account Fee (No Activity or Updated in 12 Consecutive Months) - Per Month | $ 5.00 |
| Gift Card - Mastercard - Cost Per Card | $ 4.95 |
| Member Locator Fee - Per Account | $ 27.00 |
| Money Order - Per Item | $ 5.00 |
| Overdraft Fee (Drafts, ACH, POS, ATM, or Other Electronic Means) - Per Submisson -Max (3) Per Day Charge | $ 30.00* |
| Online Bill Payer Returned Item | $ 30.00 |
| Online Bill Pay Stop Payment - Per Item/Per Series | $ 30.00/$ 35.00 |
| Paper Statement Fee (Monthly) - Free via eStatements | $ 1.25 |
| Returned Checks - Per Check | $ 30.00 |
| Returned Mail - Per Item | $ 5.00 |
| Statement Copy - Per Month (FREE Online) | $ 1.25 |
| Stop Payment - ACH & Checking - Per Item/Per Series | $ 30.00/$ 35.00 |
| Tax Levies/Attachments & Escheatment of Accounts | $ 100.00 |
| Vehicle Security Insurance (VSI) | $ 16.00 |
| Verification of Deposit | $ 10.00 |
| Western Union Quick Cash - Domestic/International | $ 20.00/$ 40.00 |
| Wire Transfer Domestic (Outgoing) - Per Transfer (Available on iPay) | $ 20.00 |
| Wire Transfer International (Outgoing) - Per Transfer | $ 40.00 |
| Close Account (w/in 6 months) | $ 10.00 |
| Holiday Club-Early Withdrawal | $ 5.00 |
| Express Title Release (Electronic title release to DMV) | $ 25.00 |
*We do authorize and pay overdrafts for the following types of transactions: checks/other transactions made using your checking account number and automatic bill payments. We will not authorize and pay overdrafts for the following types of transactions without your consent: ATM transactions and everyday debit card transactions. We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined. Under our standard overdraft practices, we will charge you a fee of up to $30 a maximum of 3 times per day each day we pay an overdraft if your account is overdrawn more than $50. We will not charge you a fee if your account is overdrawn by $50 or less on any given day. There is a maximum of 5 Overdraft Fees and no limit of NSF fees per day on the total fees we can charge you for overdrawing your account If an item is returned because the available balance in your account is not sufficient to cover the item and the item is presented for payment again, Department of Labor Federal Credit Union will charge a return item fee each time it returns the item because it exceeds the available balance in your account. If, on representment of the item, the available balance in your account is sufficient to cover the item Department of Labor Federal Credit Union may pay the item, and, if payment causes an overdraft, charge an overdraft fee.
The NSF/Overdraft fee is assessed based on the available balance in your account at the time the transaction settles to your account, and NOT based on the available balance at the time you authorize the transaction. Merchant transactions could take up to 7 days to settle to your account, which could cause additional overdrafts if funds are removed from your account prior to the pre-authorized transaction settling.
If you have questions or concerns about Overdraft Protection, simply email, visit a branch, or call a Labor CU Member Service Representative at (202) 789-2901.