Effective February 1, 2012
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1 $200 minimum balance for dividends
2 Grandfathered LIfe Savings Account. No deposits taken, account to be closed if withdrawal brings balance below $2,000
3 $1,000 minimum balance for dividends.
4 Platinum Money Market Tier 1 $0-34,999.99 Tier 2 $35,000+
Failure to maintain balance will result in a default on this account
5 Platinum Plus Money Market Tier 1 $0-49,999.99 Tier 2 $50,000+
Failure to maintain balance will result in a default on this account
6 Minimum monthly deposit $10.00, annual bonus dividend of 0.25% on first %500.00 if monthly deposit requirement and no more than three withdrawals in a calendar year are met.
7 $3,000 minimum average daily balance for dividends for Premium Checking
8 Rewards Checking - Tier 1 rate applies to accounts to accounts not meeting the account qualifications; Tier 2 rate applies to account balances over $20,000; Tier 3 rate applies to qualified accounts up to $20,000, see account disclosure for account qualifications. 2.50% APY effective 02/06/11.
9 Business Remote Deposit Capture Tier 1 $0-$249,999.99. Tier 2 $250,000+
*ANNUAL PERCENTAGE YIELD (APY). The dividend rate and APY were accurate as of the effective date above. Penalties for early withdrawal of certificates may apply. Rates are subject to change without notice.
** JUMBO RATE for $20,000.00 and up.
Your savings federally insured to $250,000.00 by National Credit Union Administration, a U.S. Government agency. IRA separately insured up to $250,000.00.
Loan Rates
| Loan Product | Annual Percentage Rate |
| New Vehicle ** | 2.39% - 18.00% |
| Used Vehicle ** | 2.39% - 18.00% |
| New Boat, Motorcycle, RV Loan ** | 3.89% - 18.00% |
| Used Boat, Motorcycle, RV Loan ** | 3.89% - 18.00% |
| New Member Turbo*** | 1.99% - 3.99% |
| Personal Loan ** | 10.99% - 18.00% |
| Share Secured Loan * | 3.00% above current dividend rate |
| MasterCard Platinum - Min $500* | 9.49% - 18.00% |
| VISA Platinum Rate - Min $500 * | 7.99% - 18.00% |
| VISA Platinum Reward - Min $500 * | 9.49% - 18.00% |
| Sharedraft/Overdraft Line of Credit ** | 10.99% - 18.00% |
Click here to review our Mortgage Rates.
** Rates effective 10/01/2011.
***Rates effective 12/01/2011.
General Loan Disclosures
* ANNUAL PERCENTAGE RATE (APR) varies according to credit history of applicant(s). All loans are subject to approval. Late payment fee is 5% of payment amount when more than 7 days late. On mortgage loans a modification fee of 0.75% and closing costs may apply. Some restrictions apply. Rates are subject to change without notice.
Credit Card Disclosures
* ANNUAL PERCENTAGE RATE (APR) varies according to credit history of applicant(s). Lines of Credit are subject to approval. We reserve the right to periodically review your account which may result in your interest rate being changed. Please refer to your "Important Information About Your Credit Cards" for further explanation.
** A Performance APR of 18.00% will be imposed on the total balance if your account becomes 2 times 30 days past due or 1 time 60 day past due in the current and preceding 11 months.
Changes to This Plan: We reserve the right to change any and all of the terms of this agreement. For example, we can change the type and amount of the fees we charge, the interest rate, and the minimum payment amount, as well as the other features of this plan.
Fee Schedule
| Savings Account Fees | |
| Money Market - excessive w/d transfers (more than 6 per month) | $10.00 |
| Re-Open Savings Account | $20.00 |
| Single Service (per month) | $5.00 |
| Inactive/Dormant (per month) | $15.00 |
| IRA Account Fees | |
| IRA Rollover or Transfer (Before Age 59 1/2) | $25.00 |
| IRA External Transfer | $25.00 |
| Coverdell Education Rollover, Transfer, W/D (Before Age 18) | $25.00 |
| Checking Account Fees | |
| Non-Sufficient Funds | $29.00 |
| Overdraft Protection (Courtesy Pay) | $29.00 |
| Stop Payment | $29.00 |
| Non-Automated Overdraft Protection Transfers from Related Accounts | $2.00 |
| Check Copy | $5.00 |
| Balance Account (per hour charge) | $20.00 |
| Check Printing | varies |
| Monthly Service Fees - see Lifestyle Checking Disclosures | varies |
| Electronic Funds Transfer Fees | |
| ATM Inquires and Transactions (Non-ABNBFCU Machines) | $1.25 |
| ATM Transactions on Non-Owned International ATMs | $1.50 |
| VISA Check Card Non-Sufficient Funds | $29.00 |
| VISA Check Card Replacement | $5.00 |
| Bill Pay Service Fees | |
| Bill Pay with Checking, Direct Deposit, & eServices/eStatements | No Charge |
Bill Pay without Checking, Direct Deposit, & eServices/eStatements |
$4.95 |
| Bill Pay Non-Sufficient Funds | $29.00 |
Bill Pay -Stop Pay on Check Transactions |
$29.00 |
| Bill Pay Inquiry | $21.00 |
| Bill Pay Check Copy | $21.00 |
| Other Service Fees | |
| Certified/Cashiers Check | $5.00 |
| Check Deposit Return | $15.00 |
| Foreign Check Processing | $20.00 |
| Copy of Statement | $5.00 |
| Interim Statement (History) | $3.00 |
| Money Orders | $2.00 |
| Travelers Checks (per $100) | $2.00 |
| Wire Transfers - Incoming | $15.00 |
| Wire Transfers - Outgoing | $20.00 |
| Account Research (per hour) | $20.00 |
| Return Mail (if new address provided - 1st time - fee is returned) | $5.00 |
| Account Collection Charges | |
| Garnishment/Levy | $25.00 |
Check Deposit Item Collection (Domestic or Foreign) |
$20.00 |
Note: 1) Other fees imposed for special services will be disclosed at the time of the request. 2) Fees subject to change with 45-days notice.
Single Service User
Members (excluding youth) must maintain a combined balance of $500 in a savings and/or Demand Deposit accounts, or have another service product such as a club account, money market, certificate, or loan to avoid the $5 single service fee. Youth accounts regardless of balance are exempt from this fee.
Overdraft Protection
In the event that the funds in your checking account are insufficient, overdraft protection provides peace of mind.
There are three options for Overdraft Protection:*
1. From Your Savings Account. In accordance with Federal Regulation D, you may transfer up to six times per month from any share account designated to cover non-sufficient funds. The overdraft option must be selected by the member to be active. **
2. From Your Overdraft Line of Credit. Alternately, you may apply for an ongoing Line-of-Credit. The interest rate for the Line-of-Credit is dependant upon the member's credit qualifications. The overdraft option must be selected by the member, who specifies which account will provide the primary overdraft protection.
3. Courtesy Pay. The Courtesy Pay program is a service offered on qualified share draft checking accounts. The Courtesy Pay Program is an overdraft privilege program that provides added financial security. Courtesy Pay is a privilege service and not a loan; it is not tied to a note, line of credit, or savings option. When you enroll and qualify in Courtesy Pay you can overdraw your share draft checking accounts to a pre-set limit, and retain this privilege by bringing your checking account to a positive balance within a designated time limit.
Courtesy Pay is activated only after available funds in other share/savings accounts that you have previously set up for overdraft protection have been transferred to clear checking account items. ABNB may honor overdrafts of individual share draft checking accounts subject to certain conditions and limitations as set forth in the following policy:
Maximum Overdraft Protection Limits
1. $100.00 for new accounts less than 45 days
2. $600.00 for accounts 46 days or older.
Qualifying Criteria
1. Members who have Opted-In to Courtesy Pay, and
2. Have a regular deposit of at least $50.00 per month, and
3. Bring the account to a positive balance at least once every 30 days.
4. Accounts must be in good standing.
5. The CP privilege is limited to one checking account per primary member
Non-Qualifying Factors
1. ABNB charged-off, garnished and/or bankruptcy accounts
2. Currently delinquent 30 days or more on loans
3. Currently negative account balance over 30 days
4. Accounts that within the first 45 days have gone delinquent on loans, or had a negative balance for more than ten days will be permanently disqualified from courtesy pay
5. Debt Management Program
6. Under 18 years of age
7. Business/commercial accounts
8. Bad address
9. Estate/Trust accounts
10. Other negative account reasons upon management discretion
Overdraft Protection and Fee Information
1. Courtesy Pay fees - $29.00 per item
- There is no interest charged on any overdraft or unpaid overdraft charge. There will be no late charges or other fees other than the overdraft fee.
2. The following draft service channels are included for overdraft privilege:
- Share Draft/Checking
- Bill payer
- ACH debits
- One-time debit card transactions
3. Courtesy Pay limits are included in the “available balance” authorizations on Visa Debit Card transactions only. The CP limit is not disclosed to members on any other type of transaction or available balance information, i.e. ATMs, STAR, ABNB@Home, etc.
*Overdraft Protection Plan. If we have approved an overdraft protection plan for your account, we will honor drafts drawn on insufficient funds by transferring funds from another account under this Agreement or a loan account, as you have directed, or as required under the Credit Union’s overdraft protection policy. The fee for overdraft transfers, if any, is set forth in the Truth-In-Savings Disclosure. This Agreement governs all transfers, except those governed by agreements for loan accounts.
**If, on any day, the funds in your share account are not sufficient to cover drafts, fees or other items posted to your account, we may pay or return the overdraft in accordance with our overdraft policy or an overdraft protection plan you have with us. The Credit Union’s determination of an insufficient account balance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. We do not have to notify you if your account does not have funds to cover drafts, fees or other posted items. Whether the item is paid or returned, your account may be subject to a charge as set forth in the Truth-in-Savings Disclosure. Except as otherwise agreed in writing, we, by covering one or any overdraft, do not agree to cover overdrafts in the future and may discontinue covering overdrafts at any time without notice. If we pay a draft or impose a fee that would otherwise overdraw your account, you agree to pay the overdrawn amount in accordance with our overdraft policy.
