Savings accounts | Standard savings |
Dividend rate / Annual percentage yield | 0.15% / 0.15% |
Dividends compounded / credited | Quarterly / Quarterly |
Dividend period | Quarterly |
Minimum opening deposit | None |
Minimum required balance to earn stated APY | None |
Balance method | Daily balance |
Account limitations | See #6 below |
First5 savings | under $500.01 | $500.01 and above |
Dividend rate / Annual percentage yield | 7.00% / 7.19% | 0.25% / 0.25% |
Dividends compounded / credited | Quarterly / Quarterly |
Dividend period | Quarterly |
Minimum opening deposit | None |
Minimum required balance to earn stated APY | None | $500.01 |
Balance method | Daily balance |
Account limitations | See #6 below |
Fees Applicable to All Accounts |
Inactive Account (for members 18 and over) |
$2.00 per account (monthly) |
Cashiers Check for Member (not using telephone banking or STCU's online banking) |
$3.00 per item |
Incorrect Address Fee |
$5.00 per month |
Garnishment Processing Fee |
$75.00 unless limited by state law |
Account Research |
Research Fees |
$25 per hour with $5 minimum |
Rush Requests (next day, 10 items maximum) |
Research fee + an additional $25 |
Overdraft Fees |
Transfer from Other Deposit Account |
None |
Cash Advance Fee (transfer from credit card) |
Either $5.00 or 3% of each cash advance, whichever is greater |
NSF Item Paid Fee (created by check, ACH, and debit card transactions) |
$29.00 per item |
NSF Item Returned Fee |
$29.00 per presentment |
Overdraft Fee (Privilege Pay) |
$29.00 ($174 daily limit for overdraft fees, in addition to NSF fees) |
Savings Account Fees |
Monthly Service Charge |
None |
Stop Payment Fee |
$25.00 per item |
Excess Item Fee |
$5 each, first 3 items; $15 for each additional item |
Truth-in-Savings Disclosures
Except as specifically described, the following disclosures apply to all of the accounts named above.