Abilene Federal Credit Union Share Draft Account Information
|Dividend||Paid on avg daily balance of $300 or more||0.10% APY**|
|Service Charge||Charged if daily balance falls below $300
|Debit Card||Per card/ Per month||FREE|
|Insufficient Funds||Share draft/ Electronic debit (ACH) / Debit card||$25.00|
|Temporary Checks||Per page of 4
(1 page of 4, free with new account.)
Other Fees That May Apply
|Cashier’s Check||Per Item (1 free per day)||$0.50|
|Money Order||Per Item||$0.50|
|Stop Payment||Per Item||$10.00|
|Wire Transfer||Per Wire||$12.50|
|Western Union Wire||Per Wire||$20.00|
|Statement Copy||Per Month||$1.00|
|Overdraft Protection¹||Per transfer- up to 6 transfers per month||$3.00|
|Courtesy Pay²||Per Overdraft||$25.00|
|Share Draft Copy||Per Item||$2.00|
|Balance Member Account||Per hour/1 hour minimum||$10.00|
INACTIVE SHARE DRAFT ACCOUNTS – When a share draft account has had no activity with the exception of a service charge that draws the account into the negative, after three service charges the account can be forced closed without notice.
¹OVERDRAFT PROTECTION – When funds are not available to pay an item presented for payment from the draft account, if there are enough funds available in the share account, a transfer will be made to cover the draft plus a $3.00 transfer fee.
²COURTESY PAY – At the credit unions discretion, an insufficient funds item may be paid on eligible accounts, up to the approved overdraft limit including the fee of $25.00 per item.
Overdraft from shares will be utilized first, if available, to pay NSF items before Courtesy Pay is used.