Fee Rates

Account Records

• Statement CopyIf you request reproductions of statements or your transaction history, the fee will be charged for each month requested. The current, partial-statement period will be charged the full fee amount.
• $5.00 per month

• Account ResearchA request for account records (for example: check copies, statements, deposited items or other account documentation) will incur this fee. Minimum charge of one hour. If the accumulated charge for the Check Copy Look-Up or Statement Copy fee exceeds the Account Research fee, the lesser fee will apply.
• $35.00 per hour

• Check Copy Look-UpFee is charged if a reproduction of a check is provided. This includes checks you have written off your account, checks you have deposited and official checks written out of the account.
• $2.00

ATM / Debit

• Debit Card ReplacementFee to replace a lost debit card. Fee waived if the card's expiration date is advanced.
• $5.00

• Foreign ATM TransactionFee is charged if you use a non-Meritrust branded ATM or ATM not in the Credit Union CO-OP Network. A cash withdrawal, balance transfer and balance inquiry are considered transactions for this fee.
• $1.50

BusinessPro Banking Treasury Services

Business members previously enrolled in BusinessPro Banking Treasury Services products before March 11, 2024 will retain the original pricing structure. That structure is listed below:

• BusinessPro Banking Elite - ACH and WiresThe BusinessPro Elite ACH and Wires fee includes the BusinessPro Elite checking account, access to unlimited same day and next day Automated Clearing House (ACH) origination services, unlimited outgoing domestic and international wire services within Business Online Banking, and additional online reporting options not available with the basic online access. The standard international wire transfer service fee will be assessed to each international wire transfer that is processed through Business Online Banking. Wires initiated outside the online banking platform and all incoming wires will incur standard wire transfer services fees. You may select that the BusinessPro Elite fee be paid monthly or annually. Monthly fees will be charged to your account on the first day of the next full-statement cycle. Annual fees will be charged on the first day of the next full-statement cycle and every year on the same date thereafter.
• $57.00 per month

• BusinessPro Banking Elite - ACH and Check Positive PayThe BusinessPro Elite ACH and Check Positive Pay fee includes the BusinessPro Elite checking account, Business Online Banking, and ACH and Check Positive Pay services.
• $22.00 per month

• BusinessPro Banking Elite - Business Remote Deposit CaptureThe BusinessPro Elite Business Remote Deposit Capture fee includes the BusinessPro Elite Checking account, Business Online Banking, and Business Remote Deposit Capture services. The monthly Business Remote Deposit Capture Fee will be charged to the BusinessPro Elite Checking Account. Per item fee includes checks that are scanned and accepted for deposit. Per item fee will be assessed to any business deposit checking account that is used with this service. Rejected checks are not subject to the per item fee.
• $35.00 per month plus $0.10 per item

Business members enrolled in BusinessPro Banking Treasury Services March 11, 2024 and forward will be charged for the following services:

BusinessPro Lite Checking

• Monthly Service Charge A $10.00 monthly service charge will be charged to your account at the end of the monthly statement cycle. This fee is waived if you either maintain an average daily balance of $2500.00 during the statement cycle, or the monthly fee may be reduced by $0.50 per debit card transaction during the statement cycle, up to $10.00.
• $10.00 per month

• Per Item Fee Per-item transaction fee of $0.25 in excess of 100 items per-month. First 100 items are free. An item is defined as a transactional debit or credit posted to your account. This does not include service fees or dividends.
• Greater than 100 items $0.25 per item

• Paper Statement Fee A paper statement fee of $5.00 is charged to the account at the end of the monthly statement cycle. We waive this fee if you are enrolled to receive eStatements. Only one monthly $5.00 fee is charged per taxpayer identification number if you have more than one account with this fee.
• $5.00 per month

BusinessPro Elite Checking

• Monthly Service Charge A $12.00 monthly service charge will be charged to your account at the end of the monthly statement cycle. This fee is waived if you maintain an average daily balance of $10,000.00 during the statement cycle.
• $12.00 per month

• Per Item Fee Per-item transaction fee of $0.25 in excess of 200 items per-month. First 200 items are free. An item is defined as a transactional debit or credit posted to your account. This does not include service fees or dividends.
• Greater than 200 items $0.25 per item

• Paper Statement Fee A paper statement fee of $5.00 is charged to the account at the end of the monthly statement cycle. We waive this fee if you are enrolled to receive eStatements. Only one monthly $5.00 fee is charged per taxpayer identification number if you have more than one account with this fee.
• $5.00 per month

Treasury Services

• ACH Origination Services Unlimited same day and next day Automated Clearing House (ACH) origination services. Fee is charged to your account at the end of the monthly statement cycle.
• $25.00 per month

• Online Wire Origination Services Unlimited outgoing domestic and international wire services within Business Online Banking. Wires initiated outside the online banking platform and all incoming wires will incur the standard wire transfer services fees for non-Treasury Services wire activity. This fee is charged at the end of the monthly statement cycle.
• $15.00 per month

• Online Outgoing Domestic Wire Unlimited outgoing domestic and international wire services within Business Online Banking. Wires initiated outside the online banking platform and all incoming wires will incur the standard wire transfer services fees for non-Treasury Services wire activity. This fee is charged at the end of the monthly statement cycle.
• $5.00 per wire

• Online Outgoing International Wire Unlimited outgoing domestic and international wire services within Business Online Banking. Wires initiated outside the online banking platform and all incoming wires will incur the standard wire transfer services fees for non-Treasury Services wire activity. This fee is charged at the end of the monthly statement cycle.
• $45.00 per wire

• Business Remote Deposit Capture Services Per item fee includes checks that are scanned and accepted for deposit. Per item fee will be assessed to any business deposit checking account that is used with this service. Rejected checks are not subject to the per item fee. This fee is charged at the end of the monthly statement cycle.
• $35.00 per month plus $0.10 per item

• Positive Pay Services - Check Allows the business member to authorize or reject check transactions from the member's business account. This fee is charged at the end of the monthly statement cycle.
• $25.00 per month

• Positive Pay Services - ACH Allows the business member to authorize or reject ACH transactions to or from the member's business account. This fee is charged at the end of the monthly statement cycle.
• $10.00 per month

• Account Sweep Services - Investment Sweep Monthly Fee This fee is charged at the end of the monthly statement cycle.
• $25.00 per month

• Account Sweep Services - Line of Credit Sweep Monthly Fee This fee is charged at the end of the monthly statement cycle.
• $75.00 per month

• Zero Balance Account Services - (ZBA) Monthly Fee This fee is charged at the end of the monthly statement cycle.
• $25.00 per month

Corporate Money Market

• Low Balance FeeIf the average daily balance per month in your Corporate Money Market Account falls below $2,000.00, this fee will be charged to your account at the end of the statement cycle.
• $10.00

Business Money Market

• Low Balance FeeIf the average daily balance per month in your Business Money Market Account falls below $2,000.00, this fee will be charged to your account at the end of the statement cycle.
• $10.00

Small Business Checking

• Per Item Fee Per-item transaction fee of $0.25 in excess of 50 items per-month. First 50 items are free. An item is defined as a transactional debit or credit posted to your account. This does not include service fees or dividends.
• Greater than 50 items $0.25 per item

Basic Business Checking

• Monthly Service Charge A $5.00 monthly service charge will be charged to your account at the end of the monthly statement cycle. This fee is waived if you maintain an average daily balance of $500.00 during the statement cycle.
• $5.00 per month

• Per Item Fee Per-item transaction fee of $0.25 in excess of 50 items per-month. First 50 items are free. An item is defined as a transactional debit or credit posted to your account. This does not include service fees or dividends.
• Greater than 50 items $0.25 per item

Analysis Select Checking

• Monthly Service Charge A $12.00 monthly service charge will be charged to your account at the end of the monthly statement cycle.
• $12.00 per month

• Paper Statement Fee A paper statement fee of $5.00 is charged to the account at the end of the monthly statement cycle. We waive this fee if you are enrolled to receive eStatements. Only one monthly $5.00 fee is charged per taxpayer identification number if you have more than one account with this fee.
• $5.00 per month

• Per Item Fee Per-item transaction fee of $0.25. An item is defined as any credit or debit transaction posted to your account other than account fees initiated by and paid to the credit union.
• $0.25 per item

• Account Analysis Fee The account analysis calculation takes the average daily balance of the account for the statement period (excluding any deposited funds placed on hold) and deducts 10.00% (the reserve amount) to determine the net available balance. The remaining net available balance is multiplied by the earnings credit rate of 1.00% to determine the earnings credit dollar amount. If the earnings credit dollar amount is more than the applicable service fees for the statement period, then no service charges will be applied to your account. If your earnings credit dollar amount is less than the applicable service fees for the statement period, the difference will be deducted from your account. The earnings credit rate is subject to change. Service fees applicable to account analysis are: Monthly Account Maintenance Fee, Monthly Activity Charge, ACH Origination Fee, Online Wire Origination Monthly Fee, Online Domestic Wire Origination Fee, Online International Wire Origination Fee, Business Remote Deposit Capture Fee, Business Remote Deposit Capture Per Item Fee, Check Positive Pay, ACH Positive Pay, Investment Sweep Monthly Fee, Line of Credit Sweep Monthly Fee, Zero Balance Account Monthly Fee, Paper Statement Fee.
• Calculated as below

Insurance Agent Checking

• Monthly Service ChargeA $10.00 monthly service charge will be charged to your account at the end of the monthly statement cycle.
• $10.00 per month

• Paper Statement Fee A paper statement fee of $5.00 is charged to the account at the end of the monthly statement cycle. We waive this fee if you are enrolled to receive eStatements. Only one monthly $5.00 fee is charged per taxpayer identification number if you have more than one account with this fee.
• $5.00 per month

Community Plus Checking

• Per Item Fee Per-item transaction fee of $0.25 in excess of 50 items per-month. First 50 items are free. An item is defined as a transactional debit or credit posted to your account. This does not include service fees or dividends.
• Greater than 50 items $0.25 per item

• Paper Statement Fee A paper statement fee of $5.00 is charged to the account at the end of the monthly statement cycle. We waive this fee if you are enrolled to receive eStatements. Only one monthly $5.00 fee is charged per taxpayer identification number if you have more than one account with this fee.
• $5.00 per month

Business Informal Association Accounts

• Informal Association Savings No monthly service fee. Non-profit corporations are prohibited from opening this account.
• Free

• Informal Association Checking No monthly service fee. No minimum balance required. Free and unlimited monthly activities, includes paid checks and deposit items. Non-profit corporations are prohibited from opening this account.
• Free

Check Processing

• Non-Meritrust or On-Us Check Written From Non-Payee Owned AccountFee is charged if you cash or deposit a check from someone other than the owners on your account and that check is returned.
• $5.00

• Non-Meritrust Check Written From Payee Owned AccountFee is charged if you cash or deposit a check from a financial institution other than Meritrust, you are the owner of the account at the other financial institution and the check is returned.
• $32.00

• Canadian Check Collection Returned ItemFee is charged if you cash or deposit a check from a bank that clears its checks in Canada and that check is returned.
• $20.00

• Check CashingFee is charged if you want to cash a check. Fee is waived if you have aggregate balances across all your accounts greater than $100 or you have a current loan.
• $3.00

• Oil and Gas Draft ProcessingThese drafts do not process like a regular check. They are sent for collection to the paying bank, which may result in a longer turnaround time before your account is credited the amount of the draft.
• Actual cost or $10.00, whichever is greater

• Foreign Check Item ProcessingFee is charged if you deposit a check from a bank that clears its checks in a foreign country. Fee is charged to your account when we receive credit for the item.
• Actual cost or $10.00, whichever is greater

Consumer Checking Accounts

• Perks Checking Account Monthly FeeFee is charged to your account at the end of the monthly statement cycle.
• $7.00

• Premium Perks Checking Account Low Balance FeeIf your account falls below the average minimum daily balance of $2500.00 for a monthly statement cycle, this fee will be charged to your account at the end of the monthly statement cycle.
• $10.00

• Smart Checking Account Monthly FeeFee is charged to your account at the end of the monthly statement cycle.
• $10.00

• Standard Checking Account Monthly FeeFee is charged to your account at the end of the monthly statement cycle. We waive this fee if you are enrolled to receive eStatements. If you are 65 or older and you are the primary member/tax reported owner, a trustee on a revocable or irrevocable trust account, or an executor on an estate account, this fee is waived, regardless of enrollment in eStatements.
• $3.00

Electronic Services

• Phone Electronic Payment ProcessingYou can make a one-time payment on a loan with us from another financial institution by calling us and requesting to use this service.
• $15.00

• Online Electronic Payment ProcessingYou can make a one-time payment on a loan with us from another financial institution by going to our website and entering your account information.
• $10.00

• Online Banking Loan Payment ProcessingYou can make a one-time payment on a loan with us from another financial institution by logging into your online banking account and entering your account information.
• $4.00

• Expedited Electronic TransferFee is charged if you would like to expedite a payment in our bill payment service inside online banking. This will send the payment the next business day, assuming your payment recipient receives ACH payments.
• $9.95

• Expedited Overnight CheckFee is charged if you would like to expedite a payment in our bill payment service inside online banking. This will send the payment overnight by check the next business day, assuming your payment recipient does not receive ACH payments.
• $29.95

Holiday and Vacation Club Accounts

• Early Withdrawal FeeYou may withdraw money from your club account before the allowed payout dates of the accounts. Fee will be applied to the amount you wish to withdraw if you withdraw before those dates.
• $10.00 or 3% of amount withdrawn, whichever is greater

Miscellaneous

• Early Account ClosingFee is charged if your membership account is closed by you within 6 months of opening.
• $10.00

• Stop PaymentFee to stop an ACH or check payment. Fee is charged per item. Fee may be waived for fraudulent activity. Multiple items may be covered under one fee for lost books of checks.
• $32.00

• Returned Loan PaymentFee is charged if you make a payment to a loan at Meritrust with a check and it is returned.
• $25.00

• Official ChecksThis fee is charged when an official check is issued. You will not be charged a fee for official checks from loan disbursements; for any disbursement of funds from a deposit account to a named payable on death beneficiary; for an IRA account transfer, rollover or account closure; for proceeds from any deposit account closure; nor for Club account automatic payouts or Share Certificate dividend payments.
• $3.00 per check

• Inactive AccountCharged to your account per month once there has been 6 months of no transactional activity. There is no inactive account fee for business accounts.
• $10.00

• Garnishment / Tax LeviesFee is charged if we receive a request for payment to satisfy a garnishment or tax levy.
• $15.00

• Collection ItemsIf you are in default on a loan obligation or cause a loss to the credit union, we may charge you fees we pay to third parties to aid us in collecting the debt. This may include attorney's fees, fees to outside collection agencies or fees to collateral recovery companies.
• Actual expense

• Returned Mail / Incorrect AddressFee will be charged if we receive returned mail that we sent to you that indicates your address is incorrect. If you notify us of a change in your address to the correct address within 60 days of us charging the fee, we will refund the fee amount.
• $10.00

Money Market Consumer Accounts

• Advantage Money Market Low Balance FeeIf your balance falls below the average minimum daily balance of $2,500.00 for a monthly statement cycle, this fee will be charged to your account at the end of the dividend period.
• $10.00

• Elite Money Market Low Balance FeeIf your balance falls below the average minimum daily balance of $2,500.00 for a monthly statement cycle, this fee will be charged to your account at the end of the dividend period.
• $5.00

• Flex Money Market Low Balance FeeIf your balance falls below the average minimum daily balance of $2,000.00 for a monthly statement cycle, this fee will be charged to your account at the end of the dividend period.
• $10.00

• Meritrust Money Market Low Balance FeeIf your balance falls below the average minimum daily balance of $2,000.00 for a monthly statement cycle, this fee will be charged to your account at the end of the dividend period.
• $10.00

• Spirit Meritrust Money Market Low Balance FeeIf your balance falls below the average minimum daily balance of $2,000.00 for a monthly statement cycle, this fee will be charged to your account at the end of the dividend period.
• $10.00

• Wealthy Spirit Money Market Low Balance FeeIf your balance falls below the average minimum daily balance of $2,000.00 for a monthly statement cycle, this fee will be charged to your account at the end of the dividend period.
• $10.00

Non-Member Services

• Non-Mbr Service Charge Check Cashing Fee (On-Us Checks)If you are not a member of the credit union and would like to cash a check on us that you received from a member of the credit union, you will pay this fee if the check amount is from $100.00 to $299.99.
• $3.00

• Non-Mbr Service Charge Check Cashing Fee (On-Us Checks)If you are not a member of the credit union and would like to cash an on-us check that you received from a member of the credit union, you will pay this fee if the check amount is $300.00 or more.
• $6.00

• Non-Mbr Service Charge Exchange of CheckThis fee is charged if you are not a member of the credit union and would like to exchange an on-us check that you received from a member of the credit union for an official check.
• $15.00

• Non-Mbr Service Charge Coin CountingThis fee is charged if you are not a member of the credit union and use our coin counting equipment to exchange a large amount of coins for cash.
• 15% of total

• Non-Mbr NotariesWe will perform notary services for those who are not members of the credit union. This fee is charged per visit.
• $10.00

Overdraft

• Overdraft Check / ACHOverdraft/non-sufficient funds fee created by a check clearing the account, an on-us check cashed in a branch or an Automated Clearing House (ACH) transaction. This fee is waived for transaction amounts $5.00 or less.
• $29.00 per item

• Overdraft Debit CardOverdraft/non-sufficient funds fee for debit card transactions clearing the account. This fee is waived for transaction amounts $5.00 or less. You may opt out of this service.
• $29.00 per item

Safe Deposit Boxes

This fee is charged annually to your account on the date you originally signed the safe deposit box lease agreement. Safe deposit boxes are available at Cross Pointe, Derby East, Tyler, and West Maple.

• Safe Deposit Boxes 3 X 5
• $25.00 per year

• Safe Deposit Boxes 5 X 5
• $30.00 per year

• Safe Deposit Boxes 3 X 10
• $35.00 per year

• Safe Deposit Boxes 5 X 10
• $50.00 per year

• Safe Deposit Boxes 10 X 10
• $90.00 per year

Share Certificates

• Share Certificate Early Redemption Original Maturity 1 to 11 MonthsThis fee applies if you remove funds or close your share certificate before the maturity date. You may always withdraw interest earned on the certificate without any penalty. The penalty is calculated only against the amount you withdraw that falls below the original certificate amount at the beginning of the term of the certificate. In certain circumstances we may waive this fee, such as the death or incompetence of an owner of the account, or the law permits, or in some cases requires the waiver of the penalty.
• 90 days interest

• Share Certificate Early Redemption Original Maturity 12 to 35 MonthsThis fee applies if you remove funds or close your share certificate before the maturity date. You may always withdraw interest earned on the certificate without any penalty. The penalty is calculated only against the amount you withdraw that falls below the original certificate amount at the beginning of the term of the certificate. In certain circumstances we may waive this fee, such as the death or incompetence of an owner of the account, or the law permits, or in some cases requires the waiver of the penalty.
• 180 days interest

• Share Certificate Early Redemption Original Maturity 36 Months or GreaterThis fee applies if you remove funds or close your share certificate before the maturity date. You may always withdraw interest earned on the certificate without any penalty. The penalty is calculated only against the amount you withdraw that falls below the original certificate amount at the beginning of the term of the certificate. In certain circumstances we may waive this fee, such as the death or incompetence of an owner of the account, or the law permits, or in some cases requires the waiver of the penalty.
• 365 days interest

Vehicle Titles

• MaintenancePlease contact Meritrust at 800.342.9278 to begin requests for duplicate titles, state changes, name changes, and additional lien releases. Our Contact Center representative will collect information from you. You will then work directly with your local tag office to finalize the request through their system. To cover the Meritrust fees, please have the funds available in a preferred Meritrust account. Contact your local tag office for information on fees for their services.
  Contact your local tag office for information on fees for their services.
• $13.86 per title (State Title Change Fee),
  $12.79 per duplicate title (Duplicate Title Fee )

VISA Credit Card

• VISA Credit Card Cash AdvanceFee is charged if you use your Meritrust VISA Credit Card to obtain cash.
• 3% of advanced amount,
  $8.00 minimum,
  $35.00 maximum

• VISA Credit Card Balance TransferIf you move a credit card balance from another card to your Meritrust card, we will not charge a fee.
• Free

• VISA Credit Card Late PaymentIf payment is less than $28.00, then the late payment fee will not exceed the amount of the payment.
• $28.00

• VISA Credit Card Returned Loan PaymentFee will be charged if you use a check to pay your VISA Credit Card payment, and that check is returned. If payment is less than $28.00, then the returned loan payment fee will not exceed the amount of the payment.
• $28.00

• VISA Credit Card Over-Credit LimitIf the payment is less than $28.00, then the over-credit limit fee will not exceed the amount of the payment.
• $28.00

Wire Transfer Services

• Incoming DomesticFee will be charged to you if someone sends you a wire transfer from a domestic account to your account at Meritrust.
• $15.00

• Incoming InternationalFee will be charged to you if someone sends you a wire transfer from an account in a financial institution outside the United States to your account at Meritrust.
• $20.00

• Outgoing DomesticFee will be charged to you if you send a wire transfer from your account at Meritrust to an account at another domestic financial institution.
• $25.00

• Outgoing InternationalFee will be charged to you if you send a wire transfer from your account at Meritrust to an account at another financial institution outside the United States.
• $45.00