Business Fee Schedule
Business Deposit Accounts
| Benefits | Fees |
|---|---|
Step Up Free Business Checking
| FREE |
Step Up Business Plus Checking
| $10.00 PER MONTH Waived with a $5,000 minimum balance in checking |
Business Money Market
| FREE |
Business Savings
| $3.00 PER MONTH Waived with a $100 minimum balance in savings |
Treasury Services
| Benefits | Fees |
|---|---|
Standard Online Banking
| FREE |
Small Business Package
| $15.00 PER MONTH Waived with a $15,000 average daily balance in checking |
Step Up Business Package
| $25.00 PER MONTH Waived with a $25,000 average daily balance in checking |
Signature Business Package
| $50.00 PER MONTH Waived with a $50,000 average daily balance in checking |
Additional Services |
|
| Pricing Varies |
| FREE |
Account & Service Fees
| Service | Fee |
|---|---|
| Courtesy Transfer to checking, per transfer | $5.00 |
| Paid Overdrafts, per item (Courtesy Pay & Courtesy Pay Plus) | $30.00 |
| Returned Checks (NSF), per item * | $30.00 |
| Same Day ACH, per occurrence (Must be approved by electronic services) | $35.00 |
| Deposit Item Returned, per item | $10.00 |
| Dormant Account Fee, per month (Accounts with no activity for 6 months) | $5.00 |
| Stop Payment Fee, per request (One time free for lost/stolen checkbook) | $30.00 |
| Account Reconciliation/Research, per hour (Additional Charges may apply) | $20.00 |
| Returned Mail Fee, per month | $5.00 |
| Copy of Check, per item | $3.00 |
| Copy of Statement, per page | $1.00 |
| Early Closing Fee (If closed within 6 months of opening) | $25.00 |
Your account may be charged an NSF fee (either a Returned ACH (NSF) or a Returned Check (NSF)) when the Credit Union returns or rejects transactions against your account that would exceed your available balance. Importantly, a transaction that you have authorized (for example, a check or an ACH debit) may be presented or submitted to the Credit Union multiple times and you could be charged multiple NSF fees if the Credit Union returns or rejects the transaction multiple times.
Note: The Credit Union does not determine whether or when an item or transaction is presented for payment. Rather, the Credit Union determines whether the available balance is sufficient to pay for a presented or submitted item or transaction.
ATM Fees
| Service | Fee |
|---|---|
| All IHCU ATMs* | FREE |
| Plus ATM Transactions, per item | $1.50 |
| Point-of-Sale Transactions | FREE |
| Deposits | FREE |
| Change PIN | FREE |
| ATM/Debit Card Replacement Fee | $10.00 |
| Foreign Transaction Fee** | 1% of Final Settlement Amount |
**Applies to debit or ATM Transactions that are initiated in a foreign currency or initiated in the U.S. but occur in foreign countries.
Miscellaneous Fees
| Service | Fee |
|---|---|
| Cashier’s/Certified Check, per check | $5.00 |
| Non-member Check Cashing, per check (IHCU checks only) | $5.00 |
| Coin Machine Fee, non-members (Free to members) | 5% |
| Notary Public Service for members | FREE |
| Shared Branching (Transactions & Inquiries) | FREE |
| 24-Hour Transactions & Inquiries (Telephone Banking) | FREE |
| Wire Transfer Fee, per Transfer* *Incoming & Outgoing – Domestic, Incoming only - International | $20.00 |