Rates & Fees

Effective October 5, 2018

Loan Type / Model Year
Term
APR As Low As1
New & Used Vehicle Loans
Up to 36 months 3.45%
36 to 48 months 3.75%
49 to 63 months 3.95%
64 to 72 months 4.25%
73 to 84 months 5.25%
New & Used Boat/Watercraft Loans
6.25%
New & Used RV/Trailer Loans
6.45%
New & Used Motorcycle Loans
4.50%
Savings-Secured Loan
36 months 2.149%
Stock-Secured Loan
36 months 9.25%
Line of Credit
48 months 12.90%
Signature/Personal Loan
up to 60 months 7.99%

 

Real Estate Loan Rates

For additional information on real estate loans, visit our Mortgage Center or contact us.

1APR=Annual Percentage Rate. Rates are subject to change, credit history and other factors including but not limited to- model year, term, and financing. Terms and financing are subject to qualifying conditions. Other rates, terms and conditions available. Contact GMFCU for complete details.

Effective October 5, 2018

Type of Account
Annual Percentage Yield1
Balance Requirement
Savings
$5 to $100 0.00% $5
$101 & Higher 0.15% $101
Holiday Club
0.05% None
Health Savings Accounts
Checking 0.05% N/A
1 year Certificate 1.65% $1,000
2 year Certificate 2.05% $1,000
3 year Certificate 2.25% $1,000
IRA Contributory
0.30% $25
Checking
Priority I 0.00% None
Priority II 0.10% $500
Priority III 0.20% $1,500
E*Hanced 6.02%
Money Market
$1,000 to $9,999 0.20% $1,000
$10,000 to $24,999 0.45% $10,000
$25,000 to $49,999 0.55% $25,000
$50,000 to $99,999 0.65% $50,000
$100,000 & Higher 0.75% $100,000
Share Certificate
3 months 0.50% $100 (Youth) or $1,000 (Regular/IRA)
6 months 1.00% $100 (Youth) or $1,000 (Regular/IRA)
12 months 1.65% $100 (Youth) or $1,000 (Regular/Health Savings/IRA)
18 months 1.85% $100 (Youth) or $1,000 (Regular/IRA)
24 months 2.05% $100 (Youth) or $1,000 (Regular/Health Savings/IRA)
36 months 2.25% $100 (Youth) or $1,000 (Regular/Health Savings/IRA)
48 months 2.45% $100 (Youth) or $1,000 (Regular/IRA)
60 months 2.75% $100 (Youth) or $1,000 (Regular/IRA)
72 months 2.80% $100 (Youth) or $1,000 (Regular/IRA)
10% Youth 10.00% $100 minimum, $1,000 maximum
Save To Win 1.65% $25

1APY=Annual Percentage Yield. Rates are subject to change, and terms and conditions apply. Contact GMFCU for complete details.

FEES & CHARGES

Gateway Metro Federal Credit Union

 

Effective February 15, 2018

The vast majority of our financial services are offered to our members at no cost. However, there is a modest charge for some exception services. Certain services may not be available at all locations. Fees and terms are subject to change.

 

GMFCU Membership Fee
FREE!
Account Administration
Share Savings minimum balance fee(if balance falls below $5.00 in any month) $2.50
Share Savings excess withdrawal fee (for each withdrawal in excess of four in a month) *$5.00
Non-Verification of Address (per month) $5.00
Returned statement (per month) $5.00
Dormant Account (per month) (no activity in a 12 month rolling period and no additional services with the credit union) $10.00
Holiday Club excess withdrawal fee (for each withdrawal from Feb. 16 through Sep. 30) *$15.00
New Beginning account (per month) ($5.00 with checking & direct deposit) $10.00
Money Market excess withdrawal fee (for each withdrawal in excess of six in a month) $15.00
Priority II Checking minimum bal. fee (if balance falls below $500.00 in any month) $15.00
Priority III Checking minimum bal. fee (if balance falls below $1,500.00 in any month) $15.00
Return unpaid deposited item (check) (*$30.00 for return of member’s personal check) $20.00
Account closed within 90 days of opening $25.00
Collection item (per item) $28.00
Courtesy Pay Privilege (each paid item) $28.00
Non-sufficient funds (each) $28.00
Acct conversion/reactivation $40.00
Garnishment/levee administration fee (excluding child support) $20.00
Paper Statement Fee (per month) effective June 30, 2016 (members under the age of 18 and members 62 years and older are exempt) $2.00
Additional Services & Research
Personal Financial Management FREE!
Account activity/stmt. printout (per mo.) $5.00
Copy of check (front & back) $5.00
Transfers through call center $5.00
Account research (per hour) $25.00
Stop payment (per item) $28.00
Check Services
Temporary checks (at four per page) $1.00
Money Order (per item) $3.00
Official credit union check/cashier’s check $5.00
Check cashing services –Non Member $10.00
Member (if applicable) $5.00
Checkbook Reconciliation (per hour) $25.00
Account closed for abuse $40.00
HSA / IRA
HSA Annual Fee (waived with checking & direct deposit) $25.00
IRA Transfer Fee (waived with checking & direct deposit) $25.00
Misc. Services
Notary Service (per page) $2.00
Medallion Guarantee (per stamp) $20.00
Coin Machine
Members – FREE!
Electronic Services
FREE!
Virtual Branch Internet Home Banking FREE!
GMFCU Visa debit card
Virtual Branch Bill Pay service (with cyber-statements & direct deposit (each month);
(*$6.95 per month without)
FREE!
Debit card replacement (with debit card assurance; $15.00 per card without) FREE!
CO-OP network ATM transactions FREE!
Freedom 24 Audio Response Line (*5 free calls/mo.; $5.00 for each in excess of 5) FREE!
GMFCU credit card FREE!
Non-GMFCU credit card FREE!
GMFCU debit card assurance (per mo.) *$1.00
Non CO-OP network ATM transactions $1.75
Debit card express shipment fee $50.00
E-Signature per packet $5.00
Loan Services
Check payment online $7.00
Check by phone $10.00
Credit/Debit card by phone $10.00
Coupon book $10.00
Auto Loan release duplicate Skip-a-payment (one per year)
(one every six mo. w/checking & direct deposit)
(10% of payment or $50.00 whichever is lower)
$10.00
Mortgage Services
Release Varies
Subordination $150.00
Modification (additional fees may apply) $250.00
Overdraft Protection
Transfer from line of credit-one per month ( $5 for each additional transfer per month) FREE!
Transfer from savings (each transfer)
(this fee will be deducted from your share draft account)
$15.00
Safe Deposit Boxes
Drilling fee actual cost
Lost Keys actual cost
Safe Deposit Boxes
3×5 $20.00
3×10 $40.00
5×10 $65.00
10×10 $100.00
VISA Reloadable Debit Card
Visa Reloadable Debit Card (Additional fees may apply. See Visa for details.) $7.50
Wire Services
Incoming Wire Transfer FREE!
Outgoing Wire Transfer $30.00

*asterisks denotes changes from previous Account Cost Guide

Schedule of Fees and Charges (Download in PDF format)