We are confident that you
will appreciate the many financial benefits of RiverLand Credit Union membership.
We invite you to compare our fees to those charged by other financial institutions.
RiverLand Credit Union Policy
RiverLand Credit Union’s primary objective is
to provide our members with quality financial services, economically priced,
and consistently better than those available elsewhere. We make every effort
to offer you free financial services however, as a non-profit financial cooperative,
we must continuously examine the cost effectiveness of the services and service
we provide, striving for a balance between member benefit and cost. Our philosophy
is the members utilizing services, which cause additional expense for the Credit
Union, should pay their fair share of the expense rather than all members absorbing
the cost of services used by a few. Unlike other financial institutions, we do
not view member service fees as an opportunity to earn additional income. Our
fees are not inflated to generate revenue. By contrast, they are priced as low
as possible to offset the expense we incur.
| MINIMUM REQUIRED BALANCES |
DEBIT CARD & ATM FEES |
| Savings |
$5.00 |
| Certificates |
$1,000.00 |
Money Market
Savings & Checking |
$1,000.00 |
| Super Money Market |
$25,000.00 |
| Money Market IRAs |
$100.00 |
HSAs* - To Open
|
N/A
|
* No minimum balance is required to open and HSA. An HSA balance must exceed $2,000 before investing in a Certificate of Deposit and Certificate minimum balance applies. |
Nonproprietary ATM
Withdrawal, Transfer, & Inquiry
|
$ 1.00 |
| HSA ATM Withdrawal/Inquiry |
$ 1.00
any location |
Replacement PIN
Debit & HSA Card |
$ 2.50 |
| Replaced Card Debit & HSA |
$ 10.00 |
NSF Fee
Debit & HSA |
$25.00 each |
| Copy of Debit Card Receipt Debit & HSA |
$ 25.00 |
|
| DEPOSIT ACCOUNT FEES |
OTHER SERVICE FEES |
| New Member |
$1.00 |
Savings Excessive Withdrawal
|
$ 5.00
Charged after 3 withdrawals per calendar month |
Super Money Market Excessive Withdrawal
|
$5.00
Charged after 6 debits per calendar month |
Christmas Club Early Withdrawal
|
$ 5.00
Charged for closing or withdrawing before September 30th |
Money Market
Re-opening
|
$ 5.00
If reopened within 90 days of closing |
Account Closing - HSA & IRA
|
$ 25.00
Charged if closed within the first 12 months |
HSA - Refund Excess Contribution
|
$ 20.00
|
HSA Checks
|
$ 3.00
8 checks (optional) |
|
| Statement Copy |
$ 1.00 per page |
| Deposited Item Return |
$25.00
each |
Deposited Item Return –
3rd Party
|
$10.00 each |
| Item Sent for Collection |
$ 15.00 |
| Wire Transfer – Outgoing |
$12.00 |
International Wire Transfer –
Outgoing
|
$37.00 |
| Western Union Wire – Outgoing |
$15.00 |
| Money Order |
$1.50 |
Travelers Checks – 1 Signature
|
$1.00 per $100 |
Travelers Checks – 2 Signatures
|
$1.50 per $100 |
| Official Check |
$5.00 |
| Travel Card |
$14.95 |
| Gift Card |
$3.95 |
| Gift Check |
$2.50 |
| Account History |
$2.50 each |
RCU Check
Stop Payment |
$10.00 |
| Dormant Account |
$ 25.00
Charged after one year of inactivity and balance is below
$25.00 |
| Split Deposit |
$5.00
Charged for inactive checking account, when balance is less
than $100.00,
or when less than ½ of the check is deposited. |
| Check Cashing |
$5.00 per check
Charged for inactive checking account(s), or when checking balance is less than
$100.00 |
|
| CHECKING ACCOUNT FEES |
Overdraft
Savings Accounts
|
$5.00 each
Maximum of
6 allowed per
calendar month |
Overdraft
Credit Accounts |
$5.00 each |
NSF Fee
Checking & HSA |
$25.00 each |
Returned Item
Checking & HSA |
$25.00
each |
| Returned Item - 3rd Party |
$10.00 each |
Stop Payment
Checking & HSA |
$25.00
each |
| Temporary Checks |
$3.00
8 checks |
Telephone Transaction
Non – “TONEY”
|
$1.00 |
| Photocopy of Check -
Checking & HSA |
$2.00 |
Account Balancing
|
$ 10.00 per hour,
minimum of 1 hour |
| Check Printing |
Prices vary
by style |
|
| E-TRANSFERS |
To another Financial Institution
|
$ 2.00 |
| Between Two Financial Institutions |
$10.00 |
|
|
| Offices & Phone Numbers |
 MAIN
OFFICE
639 Loyola Avenue - Suite 220
New Orleans, LA 70113
Business Hours:
Monday - Friday 9:00 AM - 4:00 PM CST
Phone: 504-576-5800
Toll-Free: 800-586-4RCU
Fax: 504-576-5805
OTHER
OFFICES |
 Truth in Savings Disclosure
|
Loan
Rates
