Checking Account Fees

Checking Account Rates

Effective Date: November 1st, 2017 Interest Rate Annual Percentage Yield Minimum Opening Balance Minimum Daily Balance To Earn Interest Interest Compounded & Credited
Peak Checking*
$ .01 - $15,000.00 1.40% 1.41% None None Monthly
$15,000.00 and greater 0.25% Ranges from 1.41% to .60%      
Requirements Not Met .05% .05%      
Simply Checking*, MY Checking*, Check Club*, Check Club Plus*
$ .00 and greater N/A N/A None None N/A
Premier Plus*
$ .00 - $9,999.99 .00% .00% None None N/A
$10,000.00 and greater .05% .05% None  None Monthly
Checking Account Fees  
Check Club Plus $7.00/month
Check Club (waived with minimum daily balance of $100) $8.00/month
Premier Plus (waived with minimum daily balance of $1,000) $7.00/month
Inactive Checking Account (no activity for 6 months balance $250 or less) $10.00/month
Non-Sufficient Funds Fee $30.00/item
Courtesy Pay Fee $30.00/item
Automatic Overdraft Transfers (Checks) $4.00/item
Automatic Overdraft Transfers (EFT) $4.00/item
Check Copy – (obtained in branch) $5.00/copy
Check Copy – (faxed or mailed) $10.00/copy
ACH Returned Item $5.00/each
Check Copy – Third Party $5.00/copy
Certified Check $5.00/check
Counter (Temporary) Checks $4.00 per packet of 16 checks (4
for $1.00)
Check Printing Fees Prices vary depending on style
Stop Payments (per check or EFT**) $25.00
Stop Payment Credit Union Check $25.00
Card Rush Fee $40.00
Identity Theft Recovery Services $1.00/month
Returned Check Fee  
  Written by member $30.00
  Written to member $15.00
Plastic Card Replacement Fee $5.00/card
Visa International Transaction Fee 1% on any transaction originated
in a foreign country
Bill Payment:  
  Non-Sufficient Funds Fee $30.00 per occurrence
  Stop Payment Fee $30.00 per item
Expedited Payment  
  ACH $5.00
  Check Payment $25.00


Each account holder agrees to the terms set forth on this Rate and Fee Schedule and acknowledges that it is a part of the Membership and Account Agreement. This Rate and Fee Schedule sets forth current conditions, rates, fees and charges applicable to your Checking Accounts at Central Willamette Community Credit Union at this time.  The Credit Union may offer other rates and fees or amend the rates and fees contained in this schedule from time to time.  Fees may reduce earnings.  

Except as specifically described, the following disclosures apply to all of the accounts:

*20.00 maximum of your Nationwide ATM fee refunds if requirements are met each cycle that were charged to the Rewards Account.  ATM fee reimbursements will be credited to your account on the last day of your statement cycle.  **1.40% Annual Percentage Yield (APY) paid on balances up to $15,000 and .25% APY paid on all amounts above $15,000 each cycle the minimum requirements are met.  The APY range assumes a minimum balance of $25,000.01 and a maximum balance of $50,000.00.  If at any time the account is closed during the cycle period, the Requirements Not Met .05% APY will apply.  If you do not meet the requirements during a given cycle, you will earn the Dividend Rate of 0.05%.  APY Rates as of November 1, 2017.  We may change the Dividend Rate and APY at any time after the account is opened.  No minimum balance required.  Available to personal accounts only.  No monthly service charge.  If you do not meet the requirements per cycle, your account will still function as a free checking account earning the Dividend Rate, however it will not receive ATM Refunds for that time period. Please contact us for further information regarding terms and conditions.

** EFT – Electronic Funds Transfer

1.Rate Information. The Interest Rate and Annual Percentage Yield on your accounts are set forth above. The Interest Rate and Annual Percentage Yield may change monthly. The Interest Rates and Annual Percentage Yields applicable to each account depends on the balance ranges set forth above. Once a balance range is met, the highest Interest Rate and Annual Percentage Yield for that range will apply to the entire balance in your account.

2. Compounding and Crediting. Interest will be compounded and credited as set forth above.

3. Accrual of Interest. Interest begins to accrue on cash deposits on the business day you make the deposit to your account. Interest will begin to accrue on non-cash deposits (e.g. checks) on the business day you make the deposit to your account.

4. The minimum balance required to open each account is set forth above. For all savings, the minimum balance required to obtain the stated Annual Percentage Yield is set forth above. If the minimum daily balance is not met, you will not earn the stated Annual Percentage Yield. For all accounts, interest is calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is determined by adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period. nbsp; 

5. Account Limitations. The account limitations for each account are set forth above.

The rates appearing in this Schedule are accurate and effective for Checking Accounts as of the Effective Date indicated above.  If you have any questions or require current rate information on your accounts, please call the Credit Union at 541-928-4536 or at 1-800-950-4536.