Fee Schedule

At Somerville Municipal Federal Credit Union it is our goal to offer you not only services of the highest quality and convenience, but with as little added costs as possible. However, there are occasions when circumstances dictate that some small charges be applied to an account.

Other Charges

LIST OF FEES AS OF JANUARY 2017
Check Printing Varies
Statement Copies $3.00
Overdraft – Item returned $27.50
Overdraft – Transfer $5.00
Check copy – single item $3.00
Check copy – multiple items:
Checks Cleared < 6 months $3.00
Checks Cleared > 6 months $5.00
Stop Payment Fee $20.00
Official Check Fee (not payable to member) $5.00
Official Check Copy $5.00
Stop Payment on Official Check $20.00
ACH overdrafts – item returned $27.50
ACH overdrafts – transfer $5.00
ATM Transactions $1.00
ATM Transactions at 236 Holland Street No Charge
Replacement Card $10.00
ATM Overdrafts $27.50
Money Orders $1.50
Money Orders – Non Member $2.50
Deposited Check Returned $5.00
Deposited Check Retd-Self Paid $15.00
Loan Payment Check Returned $15.00
Wire out fee $20.00
Wire out fee – foreign $50.00
Research fee $25.00 per Hour
IRA annual fee $15.00
Levies $25.00
Abandoned Account $50.00
Below Minimum Balance Fee $2.00 per Month
Mortgage subordination fee $100.00