Fedchoice Federal Credit Union - Altogether Better


Checking & Savings


Service Fees

Nobody here is getting rich off your hard-earned dough. FedChoice is a not-for-profit Credit Union, so all the money goes back to our members in the form of better rates and lower fees compared to many other financial institutions.

Savings, Checking, and Money Market Account Services
Service Fee
Main Share Savings Account 
(Minimum daily balance < $50.00)
Money Market 
(Minimum daily balance < $1,500.00)
Savings and Money Market Excess Transactions+ 
(> 6 per month)
Check Copy - Standard/Rushed $2.00/$5.00 (each)
Paper Statement Fee $1.50 (max.) per month
Courtesy Pay 
(transactions $10.00 or less) 
(transactions $10.01 or more)

Checking Overdraft Transfers 
from Share Account+
Returned Deposit $10.00/each
Premium Checking 
(Minimum daily balance < $500.00)~
eChecking monthly fee for not 
meeting criteria**
Stop Payment (per item or series) $25.00
Revoke Stop Payment $25.00
Non-Sufficient Funds (NSF) - all forms $33.00/each
Holiday Club 
(early withdrawal fee)
IRA Balance Transfers/Rollovers 
(from FedChoice to another outside financial institution)
Account Reconciliation or 
Research Assistance (1 hour minimum)
Statement Reprint $5.00/statement
Document Copy $5.00/each
Copy of Transaction History $1.00/page
Third-Party Verification of 
Deposit or Loan
Incorrect Address $20.00/quarter
Inactive Account (account dormant for 1 year or more; combined deposit account balances < $500) $20.00/quarter
Escheat Fee* $100.00
Account Closed (within 12 months of opening) $20.00
BillPay Payment Request $25.00
Missing or Incorrect 
Account Information
+You may not transfer from your Share or Money Market Accounts to other share accounts within your base number or to another base number more than six times per calendar month by Electronic Funds Transfer (EFT) which includes FedChoice FoneTeller transactions. This is due to limitations imposed by Regulation D - a federally enforced regulation.
**eChecking account criteria: Online transactions only for deposits and withdrawals via ATMs, VISA® Debit card, FedChoice FoneTeller, eBanking, BillPay and mail (no Financial Service Center visits).
~Monthly Maintenance Fee is waived for members age 18 and younger or 55 and over.
*Balances are transferred to the State of Maryland after 3 years of inactivity.
Note: All fees are subject to change at anytime, without notice.
ATM, Debit Card and Credit Card Services
Service Fee
Transactions at FedChoice ATMs Free
Transactions at non-FedChoice 
ATMs* (Usage: > 5 month)
Transactions at Point of Sale (POS) Free
ATM, Debit Card or Credit Card Replacement $5.00
ATM, Debit Card or Credit Card Replacement PIN $1.00
VISA® Late Payment up $35.00 per billing cycle
VISA® Non-Sufficient Funds (NSF) Fee $33.00 per item
Copy of Signed VISA® Credit/Debit Card Transaction $25.00
*Non-FedChoice ATM locations may charge a separate fee.
Note: All fees are subject to change at anytime, without notice.
Credit Union Services
Service Fee
BillPay Free
Credit Union Service Center 
(Usage: Visits > 3 per month)
eTransfers (Incoming/Outgoing Transfers) Free
Cashier's Check (Payable to self or payable to third party) $5.00/ea.
Money Order (maximum amount $1,000.00) $3.00
Money Order Copy $10.00
Money Order Stop Payment $25.00
Requests for Bulk Coin/Cash (minimum of $10.00) 5.00%
MasterCard® Gift Cards $5.95/each
U.S. Savings Bond Redemption Free
Wire: Western Union - Incoming Free
Wire: Western Union - Outgoing $15.00/each
Wire: Outgoing/Domestic# $15.00
Wire: Outgoing/Foreign $35.00
Foreign Item (check collection) $75.00 or more
Foreign Item (check copy request) $5.00/each
Levy/Garnishment Attachments $125.00
Express Mail/Overnight Delivery (Mon. - Fri.) Current Rate
Speedpay $5.00
Notary Service (for FedChoice members) Free
Notary Service (for non-FedChoice members) $2.00 + $1.00 signature
Coin Machine (for FedChoice members) 5% fee on any coin transaction greater than $100 (combined for the day)
Coin Machine (for non-FedChoice members) 5% fee with a $2.00 minimum for any coin transaction
Note: All fees are subject to change at anytime, without notice.
#Additional fees may be incurred on Western Union Wires, depending upon the dollar amount of the wire.
Loan Services
Service Fee
Instant Access Late Loan Payment $35.00
All Other Closed-End Late Loan Payments $35.00
Refinanced Vehicle Tag/Title Processing Free
CARFAX Vehicle History (Vehicle financed with FedChoice.) Free
CARFAX Vehicle History Service (Vehicle not financed through FedChoice) $16.00
Collateral Protection Insurance~ $50.00
Duplicate Certificate of Satisfaction+ $15.00/each
Duplicate Title Acquisition# $25.00/each
Subordination $150.00
Subordination - Rush (48 Hours) $200.00
Lien Release Re-Issue $15.00
Guaranteed Asset Protection (GAP) $299.00
Extended Warranty / Mechanical Breakdown Protection Varies - dependent on vehicle model
~ Invalid insurance information provided by member; insurance policy force-placed by FedChoice. 
+ (For Real Estate Loans) - Original Certificate of Satisfaction already provided. 
# (In addition to any state imposed charge) - When a member opts to have FedChoice obtain this information from the applicable Motor Vehicle Department.
Note: All fees are subject to change at anytime, without notice.


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