All Rates

Savings Rates

The Dividends stated below are as of April 1, 2017 and are subject to change. Minimum balances indicated are required to earn Annual Percentage Yield. Applicable fees may reduce earnings on the accounts.

Dividend Type Annual Dividend
Rate
Annual Percentage
Yield (APY)
Dividend Calculation Method: Average Daily Balance, Compounded Monthly
Regular Share/Savings (minimum balance $5)
$5 and up .10% .10%
Money Market (minimum balance $500)
$500-$2,000 .10% .10%
$2,001-$20,000 .15% .15%
Over $20,000 .25% .25%
IRA Share Savings (Traditional, Roth or Coverdell Education Savings Accounts)
.25% .25%
Basic Checking
0% 0%
Reward Checking
$0-$20,000 with Basic Requirements* 3.0% 3.04%*
Balance above $20,000 with Basic Requirements* .20% .20%*
* Basic Requirements PER MONTH: 20 Debit Card transactions, one Direct Deposit, receive eStatements and use of Internet/Mobile Home Banking. If requirements are not met each month, the APY is .05%.
Share Certificates** (minimum balance $500)
6 month certificate .50% .50%
1 year certificate .70% .70%
2 year certificate 1.10% 1.10%
3 year certificate 1.40% 1.40%
4 year  certificate 1.70% 1.71%
**Certificates can be opened for Individual Retirement Accounts and Coverdell Education Savings Accounts. A penalty may be imposed for early withdrawal.

Click to view Share Account Truth in Savings Disclosure.

Loan Rates

Loan Type Term
Annual Percentage
Rate (APR)*
New or Used Vehicle Loan (Purchase or Refinance) 36-72 months As low as 1.99%
Signature 36-72 months As low as 7.75%
MasterCard Credit Card As low as 8.99%
Variable Rate Signature Line of Credit Prime plus 5.00%**
Share Secured Loan  Share Rate plus 2%
Home Equity Line of Credit (Availability may be limited) As low as
Prime plus 1%**
First Mortgage Daily mortgage rates
or call 800.231.8855

*APR is determined by our normal underwriting guidelines.

** Prime Rate as published in the Wall Street Journal the first business day of each month. As of April 1, 2017, the prime rate is 4%. All variable rate loans have a floor of 4%.

Loan approval and processing is based on standard loan underwriting guidelines. Not all applicants will qualify for the lowest rate. Program fees, rates and features are subject to change. Rates are current as of April 1, 2017, and are subject to change. Please email MemberServices@DOLFCU.org or call 202.789.2901 for additional details.

 

Fees

The rates and fees appearing in this schedule are accurate and effective for accounts as of April 1, 2017. 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

Share Account Service Charge – Per month
(If minimum balance not met)
$ 1.00
Excessive Withdrawal Fee – Per Occurrence
(Over 6 per month for Savings, over 3 per month for Money Market)
$ 5.00

Share Draft Account Fees

NSF Fee/Uncollected Fee – Per Item $ 30.00
Overdraft – Per Item $ 30.00
Stop Payment – Per Request/Per Series $ 30.00/$ 35.00
Share Draft Printing Varies
Share Draft Copy – Per Month
(FREE Online)
$ 5.00

Loan Service Fees

Credit Card Replacement $ 5.00
Expedited Credit Card Replacement $ 55.00
Returned Loan Payment – Per Item $ 30.00
Delinquent Loan Payment – Percentage of Interest Due 20%
MasterCard Late Payment – Up to $ 20.00
MasterCard Foreign Transaction Fee – Percentage of Transaction 1.0%
Stretch Pay Annual Fee for $750 limit $ 100.00
Stretch Pay Annual Fee for $500 limit $ 70.00
Stretch Pay Annual Fee for $350 limit $ 35.00
Stop Payment Loan Check $ 20.00
Loan Payment by Phone Fee $10.00

Electronic Funds Transfer Fees

Nonproprietary ATM Withdrawal – Per Transaction $ 1.00

Other Service Fees (Apply to ALL Accounts)

Account Research/Reconciliation – Per Hour $ 25.00
Account History Documentation – (FREE Online) $ 4.00
ATM/Debit Card Replacement – Lost/Damaged $ 5.00
ATM/Debit Card Replacement – Expedited $ 55.00
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/Share Draft Accounts $ 20.00
Dormant Account Fee (No Activity or Updated in 12 Consecutive Months) – Per Month $ 10.00
Gift Card – MasterCard – Cost Per Card $ 4.95
Member Locator Fee – Per Account $ 27.00
Money Order – Per Item $ 1.50
Overdraft Fee (Drafts, ACH, POS, ATM, or Other Electronic Means) – Per Item $ 30.00
Online Bill Payer Returned Item $ 30.00
Online Bill Pay Stop Payment – Per Item/Per Series $ 30.00/$ 35.00
Returned Checks – Per Check $ 30.00
Special Request Fee/Phone Transfer Fee $ 2.00
Statement Copy – Per Month (FREE Online) $ 3.00
Stop Payment – ACH & Share Drafts – Per Item/Per Series $ 30.00/$ 35.00
Tax Levies/Attachments & Escheatment of Accounts $ 100.00
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