All fees effective as of 7/1/2019. Call 515-283-4195 for details on commercial account fees.
Share Draft
| Fee | Fee Amount |
|---|---|
| 50 share draft or less processed | no monthly fee |
| Excess share draft fee (over 50 per month) | $.50 per check* |
| Overdraft (NSF) for returned ACH or draft | $30.00 per item |
| Overdraft (NSF) for paid ACH or draft | $30.00 per item |
| Stop payment fee | $30.00 per item |
| Overdraft transfer fee from savings | $5.00* |
| Overdraft transfer fee from MasterCard | $5.00* |
| Account/statement copy printout | $5.00 per month |
| Account balancing and research | $20.00 per hour |
| Temporary checks | $2.00 |
| Check copy | $3.00 per check |
*Subject to 7% Iowa sales tax – includes 1% local option sales tax.
Note: We will charge an overdraft fee each time an item is presented to us for payment against insufficient funds, regardless of whether we pay or return the item. Items can be represented multiple times, which is beyond our control.
ATM
| Fee | Fee Amount |
|---|---|
| 10 withdrawals (W/D) | no monthly fee |
| ATM W/D fee (over 10 per month) | $2.00 per withdrawal* |
| ATM balance inquiry fee | $1.00 per transaction* |
| ATM W/D fee (outside Iowa) | $1.00 per transaction* |
| Extra cards (no charge for the first two) | $5.00 |
| Transfer between account or deposits | no monthly fee |
| Daily withdrawal limit | $510.00 |
*Subject to 7% Iowa sales tax – includes 1% local option sales tax.
MasterMoney Debit Card
| Fee | Fee Amount |
|---|---|
| Unlimited transactions per day (swipe & sign) | no monthly fee |
| Annual/Monthly fee | no fee |
| Photocopies or reprints of transactions | $1.00 per page |
| Lost card or lost PIN | $5.00 per card |
| Cash advance fee | no fee |
Account Access
| Fee | Fee Amount |
|---|---|
| 10 Tellerphone calls per month | no monthly fee |
| Each additional Tellerphone call | $2.00 per call* |
| Home Banking access | FREE |
| Bill Payer | FREE** |
*Subject to 7% Iowa sales tax – includes 1% local option sales tax.
**If Bill Payer is not used to pay a bill in a 60-day time period, we have the right to automatically terminate the service.
Check-Cashing Fees
| Fee | Fee Amount |
|---|---|
| Check cashing for members | $3.00* for checks up to $1,000.00 1% for checks over $1,000.00 |
| Check cashing for non members | $5.00* for checks up to $1,000.00 |
*The check-cashing fee is waived for members who have a $500 relationship with DMMCU, an active checking account, or regular direct deposit. The fee is also waived for members 18 years of age or younger. The maximum fee is $20.
Safe Deposit
| Fee | Fee Amount |
|---|---|
| 3″ x 5″ x 24″ | $25.00 annually |
| 5″ x 5″ x 24″ | $30.00 annually |
| 3″ x 10″ x 24″ | $40.00 annually |
| 5″ x 10″ x 24″ | $50.00 annually |
| 10″ x 10″ x 24″ | $75.00 annually |
| Fee for 1 lost key | $15.00 |
| Fee for 2 lost keys | drilling costs |
Please call DMMCU at 515-283-4195 to check the availability of safe deposit boxes.
Visa® Gift & Reloadable Cards
Visa® Gift Cards
| Fee | Fee Amount |
|---|---|
| Initial load fee for amounts $25.00 – $750.00 | $2.00 per card |
| Lost/Stolen card replacement fee | $5.00 per card |
| Maintenance fee – first 12 months | no fee |
| Maintenance fee – after 12th month | $2.50 per month* |
*$2.50 per month until card balance is $0.
Visa® Prepaid Reloadable Cards
| Fee | Fee Amount |
|---|---|
| Aquire card | $4.95 per card |
| Load fee in person | no fee |
| Load fee over the phone under $50 | $2/load |
| Monthly Fee | $5.95* |
For a complete listing of fees associated with Coopera Prepaid Reloadable Visa Gift cards, visit http://www.cooperacard.com/terms_and_fees/#rates
*Monthly fee is waived if at least $500 in loads/direct deposit monthly.
Miscellaneous Fees
| Fee | Fee Amount | |
|---|---|---|
| Corporate check to a third party | $2.00 per check | |
| Certified corporate check | $5.00 per check | |
| Money orders | $1.50 each | |
| Outgoing wire transfer (inside U.S.) | $15.00 | |
| Incoming wire transfer | $8.00 | |
| Early account closing (before 6 months) | $15.00 | |
| Reopen closed account within 6 months | $5.00 | |
| Dormant Account fee | $5.00 per month* | |
| Inactivity closing fee | $25 after 3 years** | |
| Incorrect address | $5.00 per month | |
| Administrative levy | $10.00 | |
| Legal process fee | $25.00 | |
| Foreign check collection | $15.00 | |
| Non-member notary fee | $5.00 per document | |
| Return deposit item – issued to you by another person | $10.00 per item | |
| Return deposit item – written on your account at another financial institution | $25.00 per item | |
| CU Service Network (over 10 per month) | $1.00 per transaction | |
| Account research fee (electronic/other) | $20.00/$50.00 per hour | |
| Paper Statement Fee (for members who join after 1-1-16) | $2.00/statement |
*A dormant fee is assessed when mail has been returned for one year or the account has been inactive for one year.
**Inactivity closing fee is for accounts that have been inactive for three years, when we receive no response after attempting to contact a member.