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Andrews Federal Credit Union
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Account Fees

Charging a fee is our least favorite part of serving you.

These fees apply to accounts and services.

Because we're a credit union and a not-for-profit, we keep fees as low as possible and often eliminate them. But there are certain fees we need to charge to cover our expenses.

Member Account Fees

FEES FOR ALL ACCOUNTS   Current Fees
Abandoned Accounts   $50.00
Bad Address Fee   $5.00
Checking Account - Advantage Balance below $1,500 $10.00
Checking Account - Second Chance Waived with direct deposit $10.00
Check Clearing History1 Last 10 checks $5.00
Direct Deposit Correction After 3rd occurance $25.00
Early Account Closing Closing within 60 days of opening $25.00
Early Withdrawal - Club Account & Generator Share Certificate   $25.00
European Bill Pay   $2.00 in branch/$.50 online
Inactive Account Fee No account activity for 12 months or more $5.00
Money Market Excess Transaction2   $10.00
Money Market Low Balance3   $10.00
Non Sufficient Funds (NSF) Return Charge   $32.00
Paper Statements4   $5.00
Privilege Pay Fee5 Overdraft Protection for Checks & ACH $32.00
Returned Deposit Item   $25.00
Stop Payment   $25.00
Tax Levy/Garnishment Administrative Fee   $75.00
DEBIT CARD USAGE    
Andrews Federal & CO-OP ATMs ATM/POS (Point of Sale) transactions Free of Charge
Replacement Card   $10.00
Visa® Debit Card Overdrafts6 Debit card purchases overdraft protection $32.00
Safety Deposit Box Annual Rental    
3 x 5   $35.00
3 x 10   $55.00
5 x 10   $85.00
10 x 10   $150.00
Drilling   $150.00
Key Replacement   $30.00
OTHER SERVICES AVAILABLE    
Account Research / Reconciliation $25/minimum; fees waived if Andrews Federal error $25.00/hr
Balance Request by Phone7 3 free per month $2.00
Copy of Paid Item / Statement   $5.00
Custodian IRA Transfers   $10.00
Express Mail Subject to weight and delivery location limits Costs vary
Interim Statement   $5.00
Loan Late Payment 10 days after due date 5% of payment or $10, whichever is greater
Loan Payment by Phone8   $14.95
Loan Payment Transfer by Phone9   $2.00
Notary   $2.00
Money Order   $2.00
Official Check One per day with no fee $5.00
Share Transfer by Phone10   $2.00
Signature Guarantee   $25.00
Special Collection Item Domestic $10.00
  Foreign Costs vary
Temporary Checks Per sheet (4 checks) $4.00
Verification of Deposit   $25.00
Wire Transfers Western Union (Domestic) $25.00
  Western Union (International) Costs vary
  Bank-to-Bank Outgoing Wires (Domestic) $25.00
  Bank-to-Bank Outgoing Wires (International) $35.00
  Bank-to-Bank Incoming Wires11 $15.00

Business Account Fees

FEES FOR ALL ACCOUNTS   Current Fees
Abandoned Accounts   $50.00
Bad Address Fee   $5.00
Check Clearing History1 Last 10 checks $5.00
Check Printing Charges   set by printer (see upon request)
Checking Account Monthly Maintenance2   $25.00
Direct Deposit Correction After 3rd occurance $25.00
Early Account Closing Closing within 60 days of opening $50.00
Excess Transaction Fee3   $0.25
Inactive Account Fee No account activity for 12 months or more $5.00
Non Sufficient Funds (NSF) / Uncollected Item Return Charge   $32.00
Official Checks   $5.00
Overdrawn Account (item paid on uncollected or insufficient funds) $32.00 per item
Paper Statements   $5.00
Returned Deposit Item   $25.00
Stop Payment   $25.00
Tax Levy/Garnishment Administrative Fee   $75.00
DEBIT CARD USAGE    
Andrews Federal & CO-OP ATMs ATM/POS (Point of Sale) transactions Free of Charge
Replacement Card   $10.00
Visa® Debit Card Overdrafts4 Debit card purchases overdraft protection $32.00
OTHER SERVICES AVAILABLE    
Account Research / Reconciliation $25/minimum; fees waived if Andrews Federal error $25.00/hr
Balance Request by Phone5 3 free per month $2.00
Coin Service   varies upon request
Currency Service   varies upon request
Copy of Paid Item / Statement   $5.00
Express Mail Subject to weight and delivery location limits Costs vary
Interim Statement   $5.00
Loan Late Payment 10 days after due date 5% of payment or $10.00, whichever is greater
Loan Payment by Phone6   $14.95
Loan Payment Transfer by Phone7   $2.00
Notary   $2.00
Money Order (per item) $2.00
Remote Check Deposit8   $25.00
Share Transfer by Phone9   $2.00
Signature Guarantee   $25.00
Special Collection Item Domestic $10.00
  Foreign Costs vary
Temporary Checks Per sheet (4 checks) $5.00 per sheet
Verification of Deposit   $25.00
Wire Transfers Western Union (Domestic) $25.00
  Western Union (International) Costs vary
  Bank-to-Bank Outgoing Wires (Domestic) $25.00
  Bank-to-Bank Outgoing Wires (International) $35.00
  Bank-to-Bank Incoming Wires10 $15.00

Andrews Federal members received over $19 Million in direct member benefits through lower fees, lower loan rates and higher deposit yields.

1To avoid these fees, you can view your check clearing history and/or current balance in our Mobile App, online banking, or use our automated phone service. To avoid this transfer fee, you can schedule share transfers in our Mobile App or online banking.

2Each of your savings accounts to include your money market account is limited to no more than six transfers per calendar month or statement cycle as mandated by federal regulation. This includes transfers to another account for overdraft protection or to third parties each month by check, preauthorized/ automatic agreements, telephone or computer. These withdrawals or transfers do not include in-person withdrawals or withdrawals at Automated Teller Machines (ATMs).

3The low balance fee for Money Market Accounts does not apply to IRA and Roth IRA Money Market Accounts.

4Members 18 and under or 62 and older are exempt from the $5 paper statement fee.

5Fee is per overdraft occurrence (i.e., item paid on insufficient or unavailable funds) when your total negative checking balance is greater than ($12 negative share balance). Cap of $224 in Privilege Pay fees per account per day.

6Fee is per overdraft occurrence (i.e., item paid on insufficient or unavailable funds) when your total negative checking balance is greater than ($12 negative share balance). Cap of $224 in Privilege Pay fees per account per day. Fees are assessed for overdrafts if you have made an Opt-In election for Privilege Pay coverage of your Visa® Debit Card.

7To avoid these fees, you can view your check clearing history and/or current balance in our Mobile App, online banking, or use our automated phone service. To avoid this transfer fee, you can schedule share transfers in our Mobile App or online banking.

8To avoid these fees, you can 1) Set up an automated payment by Direct Deposit, or 2) Schedule a monthly payment through Bill Pay, a service accessed through online banking, or 3) Set up a recurring ACH by contacting the credit union.

9To avoid these fees, you can 1) Set up an automated payment by Direct Deposit, or 2) Schedule a monthly payment through Bill Pay, a service accessed through online banking, or 3) Set up a recurring ACH by contacting the credit union.

10To avoid these fees, you can view your check clearing history and/or current balance in our Mobile App, online banking, or use our automated phone service. To avoid this transfer fee, you can schedule share transfers in our Mobile App or online banking.

11External Account Transfers in online banking can be utilized to avoid this fee. The daily limit for inbound and outbound transfers is $5,000. The monthly limit for inbound and outbound transfers is $25,000.

Andrews Federal Credit Union is a full-service financial institution with stateside locations in Washington, D.C., Maryland, Virginia and New Jersey, as well as overseas locations in the Netherlands, Belgium and Germany.