New Fees, Old Fees, & What YOU Need to Know!

Fees?  What fees?!

Don’t panic! Most of our membership won’t be affected by ANY of our fees – even the new fees. The Fall Newsletter shows all of our fees, current and new, but if you missed the newsletter just check at either Horizon Community Credit Union branch and they can help you out. Which fees are new? Things like ‘current account activity printout’, so you still get a free statement, but now if you come in during the month and need a printed copy there will be a $1 fee. How to avoid the fee? Try checking your account online! Remember, we can give you any information on your account, the fee comes in when we have to print it out.

What else is new? There’s a dormant fee of $5 now. A dormant fee is assessed on accounts that are not used – no deposits, withdrawals, or payments in a 12 month period. How to avoid that? Use your account at least once every 12 months!! That’s it!

Of course we still have fees involving NSF/Overdraft, Stop Payments and Returned items. As these fees will generally not be waived, you still want to keep a close eye on your accounts so you don’t run into those fees.

A lot of fees can be waived depending on what level you are in for SunDrops points. For instance, if you are in the Silver group the fees for photocopies and faxing are waived! If you’re in the Gold group you aren't charged for a current month activity printout. Lucky you if you’re in the Platinum group, a lot of fees are completely waived!!!

So take a deep breath (of relief) and remember if you need any help - we’re here!

Post by: Mary D