Since our beginnings in 1934, SEFCU has served the financial needs of its members by providing a wide range of credit union products at an affordable cost, keeping our service fees as reasonable as possible. In fact, our written policy prohibits the use of fees to generate income for the credit union.
"SEFCU will assess reasonable fees only to offset costs and to encourage responsible use of SEFCU's services by the membership."
SEFCU's ongoing goal is to maintain a generally competitive position on products and services. We cannot always offer the lowest price or the highest return on every product and service without negatively affecting the quality of our offerings and the soundness of our financial cooperative. However, the credit union regularly reviews rates and fees and adjusts them accordingly, in order to apply the best pricing possible for the benefit of our membership.
View the Business Banking fee schedule
Savings
| Item | Fee |
|---|---|
| OD (overdraft) Protection Transfer Fee | $2.50 |
| Below Minimum Average Monthly Balance (Preferred Plus)1 | $15 |
1 Minimum average daily balance for Preferred Plus is $100,000
Checking
| Item | Fee |
|---|---|
| Check Protest Fee | $15 |
| Copy of Canceled Check | $5 |
| Counter Checks (4 per page) | $2 |
| Original Canceled Check | $5 |
| Returned Checks - Deposited | $10 |
| Returned Checks - Insufficient Funds Charge ** | $28 |
| Paid checks – Insufficient Funds Charge | $28 |
| Stop payment on Counter, Personal, or Teller Check (official) | $10 |
** Items returned unpaid (e.g., checks, ACH, bill payments) that are re-presented again for payment will be charged additional insufficient funds fees if available funds in your account are still insufficient when re-presented.
Debit Card and ATM Fees
| Item | Fee |
|---|---|
| Card Capture | $10 |
| Deposit Correction | $7.50 |
| Deposit of Empty Envelope | $15 |
| ATM Inquiry Fee (Non-SEFCU ATM, except for Allpoint® ATMs) | $0.50 |
| ATM Foreign Transaction Fee (Non-SEFCU ATM withdrawal, includes POB transaction except for Allpoint® ATMs). | $1.25/withdrawal |
| POS/Debit Card Insufficient Funds Charge | $28 |
| ATM Withdrawal – Insufficient Funds Charge | $28 |
| Replacement Card | $5 |
| Rush Replacement Card | $36 |
| Withdrawals/Purchases Outside the U.S. | 1% of transaction |
SEFCU iPay
| Item | Fee |
|---|---|
| Members with an average monthly Share Draft balance of $500 or greater | |
| Up to 15 bills per month | No Fee |
| Members with an average monthly Share Draft balance less than $500 | |
| Up to 15 bills per month | $5.95 |
| Additional fees | |
| Each Subsequent Bill Pay Transaction (above monthly maximum) | $0.50 |
| Bill Pay NSF | $28 |
| Bill Pay Stop Payment | $20 |
** Balances used to determine SEFCU iPay monthly fees are for a single account number and not aggregate of the balances on multiple accounts.
Safe Deposit Boxes
Safe deposit boxes* are available at the following locations:
- Midler Branch
- Patroon Creek Branch
- SEFCU Square Branch
- Wilton Branch
| Item | Fee |
|---|---|
| 5"x5"x18" Box size | $50 per year |
| 3"x10"x18" Box size | $55 per year |
| 5"x10"x18" Box size | $80 per year |
| 10"x10"x18" Box size | $120 per year |
*Availability varies by location.
Special
| Item | Fee |
|---|---|
| Account Closed Within 0-3 months | $15 |
| Account Research/Reconciliation | $15 |
| ACH Credit Returned Payment | $28 |
| ACH Debit Items – Insufficient Funds Charge** External Withdrawal (Returned) | $28 |
| ACH Debit Items Paid – Insufficient Funds Charge External Withdrawal (Paid) | $28 |
| ACH Stop Payment on Electronic Debit | $10 |
| Address Search (one time) | $10 |
| Bad Address Fee | $2 |
| Boomer Club | $3/month |
| Canadian Items4 | $10 |
| Canadian Returned Items4 | $15 |
| Copy of Official Check or Money Order | $5 |
| Escheatment | $25 |
| Foreign Collection Item4 | $20 |
| Inactivity fee* |
$3/month |
| Interim Account Histories | $2 |
| IRA Close Plan Fee | $15 |
| IRA Transfer Fee | $15 |
| Loan Documents | $10 |
| Mastercard® Gift Cards | $3.95 |
| Money Orders (Maximum Value $1,000) | $3 |
| POP Money - next day only | $5/transaction |
| Restraining Notices/Levies (Legal) | $50 |
| Second Lien Release for Auto/RV | $10 |
| Statement Copy | $2 |
| Teller Checks | $2 |
| Wire Transfers (Domestic Outgoing) | $22.50 |
| Wire Transfers (Domestic Incoming) | $0 |
| Wire Transfers (International Outgoing) | $35 |
| Wire Transfers (International Incoming) | $10 |
4 Other processing fees from out-of-U.S. institution may apply.
* Applies after 12 months of inactivity and aggregate account balance of $100 or less.
** Items returned unpaid (e.g., checks, ACH, bill payments) that are re-presented again for payment will be charged additional insufficient funds fees if available funds in your account are still insufficient when re-presented.
Transfer Fees
These transfer fees are specifically for transferring funds between your SEFCU account and another account you own at a different financial institution.
| Item | Fee |
|---|---|
| Standard Service 3 business days for transfer completion |
|
| $1 to $5,000 | $4 per transfer |
| $5,000.01 to $10,000 | $6 per transfer |
| $10,000.01 to $15,000 | $8 per transfer |
| Premium Service 1 business day for transfer completion |
|
| $1 to $5,000 | $7 per transfer |
| Other | |
| Inbound Transfer | Free |