North Alabama Educators Credit Union

NORTH ALABAMA EDUCATORS CREDIT UNION

Fee Schedule

The following Fee Schedule sets forth certain conditions, rates, fees, and charges applicable to your accounts. This schedule is incorporated into your account disclosures and your Master Account Agreement with the Credit Union.

DESCRIPTION                                                                       CHARGE

Memberlink Automated Telephone Service...............................No Charge

Minimum Balance Violations.....................................................$2.00 per month

Dormant Account (No Activity & Bad Address)......................$5.00 per month

Account Closing (If within 90 days of account opening)..........$10.00
Account Reopening (If opened with 90 days of prior closing).$10.00

Excessive Share Withdrawals (6 withdrawals per month).........$1.00 each

Returned Items (NSF Checks)...................................................$25.00 each

Overdraft Pay - Item Paid..........................................................$25.00 each

Third Party Check Returned Items............................................$8.00 each

Stop Payments...........................................................................$25.00 each

ATM/Check Card Withdrawals...........No Fee from NAECU, Members encouraged to use CO-OP Surcharge Free Network

ATM/Check Card Transfers.......................................................$1.00 each at foreign ATMs

ATM/Check Card Balance Inquiries...........................................$0.50 each at foreign ATMs

ATM/Check Card for Primary Owner........................................ No Charge for 1st Card

ATM/Check Card for Joint Owner.............................................$1.50 each

ATM/Check Card Reissuance.....................................................$5.00 each

Wire Transfers-Outgoing.............................................................$15.00 each

Wire Transfers-Incoming.............................................................$12.00 each

Statement Copies.........................................................................$1.00 per page

Share Draft Copies.......................................................................$3.00 each

Account History..........................................................................$3.00 per page

Account Balancing/Research..(1-Hour Minimum).......................$10.00 per hour

Share Draft Printing Charge................................................. Depends on quantity and style selected

International Draft........................................................................$20.00

International Wire.........................................................................$35.00

Home Banking CU-Online Service Charge.............................. No Charge (Inactive users over 6 months will be deleted)

i-Pay Bill Payment Service......................................................No Charge (Inactive users over 6 months will be deleted)

MISCELLANEOUS CHARGES                                              CHARGE

Cashiers Checks                                                                    $2.00 each

Money orders                                                                        $1.00 each

Travelers Cheques (Individual)                                              $1.00 per $100

Travelers Cheques (For Two)                                                 $1.50 per $100

IRA Service Fee (Close Account)                                            $7.50 each

Title Processing Fee                                                               $20.00 per title

Transfer Fee (Overdraft)                                                        $2.50 per automatic transfer

Address Change Fee                                  $2.50 per change if notified by post office

Bad Address Fee                                       $5.00 per month when no forwarding address given

Credit Life Insurance                                                                Actual Cost

Credit Disability Coverage                                                       Actual Cost

BCI Insurance                                                                           Actual Cost

CUNA Direct Insurance                                                           Actual Cost

Loyal American Insurance                                                        Actual Cost

Minnesota Mutual Insurance                                                    Actual Cost

Notary Service                                                                       No Charge

Faxing Service                                                                       $3.00 per page

Legal Orders Received (Levy's, Garnishments, etc.)                  $10.00

Safe Deposit Box Drilling (Keys Lost)                                       $125 to $150 per box

Safe Deposit Box Rental - 3x5x18                                           $20.00 annual

Safe Deposit Box Rental - 3x10x18                                         $40.00 annual

Safe Deposit Box Rental - 5x10x18                                         $60.00 annual

Safe Deposit Box Rental - 10x10x18                                       $100.00 annual

Note: Gold Plus Members are not charged for the following; Gold Plus Club Checks (for qualified members), ATM Cards, Cashiers Checks, Money Orders, and Individual Travelers Cheques. Gold Plus Members also receive a discount on Safe Deposit Box Rentals.

SCHEDULE REVISED 11/01/2009