Business account and service fees
Business account rates: Each account holder agrees to the terms set forth on our Business Account Rate and Fee Schedule and acknowledges that it is part of the Business Membership and Account Agreement. The credit union may offer other rates in the future. Fees or other conditions may reduce the earnings of the account. Member accounts in the credit union are federally insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF). Fees are subject to change. You will be notified of such changes as required by law. Insured by NCUA.
Business membership fees
Effective Date: Saturday, April 1st, 2023
| Fee type | Product fees |
|---|---|
| Credit union membership | $10 |
| Membership closure (if within 120 days) | $10 |
| Inactive memberships | $5 per month |
Business savings account fees
Effective Date: Saturday, April 1st, 2023
| Fee type | Product fees |
|---|---|
| Business Basic Savings account | |
| $250 minimum balance | No charge |
| Less than $250 minimum balance | $3 / calendar month |
| Business Money Market account | |
| $1,000 daily minimum balance | No charge |
| Less than $1,000 daily minimum balance | $15 / statement period |
| Business Investor's Money Market account | |
| $10,000 daily minimum balance | No charge |
| Less than $10,000 daily minimum balance | $20 / statement period |
| Early account closure fee* | $55 |
| *If held less than 90 days | |
See business savings disclosures, rates and fees
Business checking account fees
Effective Date: Saturday, April 1st, 2023
| Fee type | Product fees |
|---|---|
| Free Business Checking | |
| No minimum balance requirements | |
| Checks deposited–first 100 checks | Free |
| Checks deposited–100+ checks | $0.20 / each |
| Cash deposited–up to $3,000 | Free |
| Cash deposited–over $3,000 | $0.10 / $100 |
| Checks cleared–first 100 checks | Free |
| Checks cleared–over 100 checks | $0.20 / each |
| Smart Business Checking | |
| $3,000 average daily balance | No charge |
| Less than $3,000 average daily balance | $10 / statement period |
| Checks deposited–first 250 checks | Free |
| Checks deposited–250+ checks | $0.15 / each |
| Cash deposited–up to $5,000 | Free |
| Cash deposited–over $5,000 | $0.10 / $100 |
| Checks cleared–first 200 checks | Free |
| Checks cleared–200+ checks | $0.15 / each |
| Select Business Checking | |
| Account service fee | $15 / statement period |
| Checks deposited | $0.12 / each |
| Cash deposited | $0.12 / $100 |
| Checks cleared | $0.12 / each |
| Other checking-related fees | |
| Non-MICR encoded checks | $5 / item |
| Misencoded checks | $5 / item |
| Overdraft paid $5.00 or less | No fee |
| Overdraft paid $5.01 or greater | $30.00 per presentment** |
| Overdraft returned $5.00 or less | No fee |
| Overdraft returned $5.01 or greater | $30.00 per presentment** |
** Overdraft fees are limited to a daily maximum of 5 overdraft fees per day. Overdraft fees assessed can be overdraft paid fees, overdraft returned fees, or a combination of both. If we do not pay an overdraft item, there may be a fee as set forth within our fee schedule. We may charge a fee each time an item is submitted or resubmitted for payment. Therefore, you may be assessed more than one overdraft fee as a result of a returned item or resubmission(s) of the returned item. | |
| Overdraft protection transfer | $4 / transfer |
| Stop payment | $25 |
| Check copy | $5 / copy |
| Dishonored credit union check written by authorized signer | $30 / check |
| Business checks | Fees depend on the quantity and style ordered. |
| Endorsement stamps | Fees depend on the quantity and style ordered. |
| Temporary checks | $2 / page |
| Check images printed and mailed | $25 / month |
See business checking disclosures, rates and fees
Business account ATM fees
Effective Date: Saturday, April 1st, 2023
| Fee type | Product fees |
|---|---|
| Oregon State Credit Union owned | Free |
| CO-OP® network ATMs first six transactions per month | Free |
| CO-OP® network ATMs additional transactions | $1.50 / transaction |
| Machines not part of the CO-OP network | $1.50 / transaction |
Cash management
Effective Date: Saturday, April 1st, 2023
Requires Business Online Banking
| Fee type | Product fees |
|---|---|
| Online wire transfer | $20.00 |
Domestic outgoing |
$10 |
International outgoing |
$25.00 |
| ACH origination | $20.00 |
ACH per item |
$0.10 |
ACH return item |
$5.00 |
Miscellaneous account and service fees
Effective Date: Saturday, April 1st, 2023
| Fee type | Product fees |
|---|---|
| Account research | $25 / hour |
| Bad address fee | $5 / month |
| Cash advance in-branch (non Oregon State CU credit or debit card) | $15 |
| Cashier's check | |
Cashier's check |
$5 / check |
Stop payment |
$30 |
| Domestic wire transfers | |
Outgoing Western Union |
$35.00 / $10,000 wire |
Outgoing | |
Essential Member Merits |
$30.00 |
Enhanced Member Merits |
$20.00 |
Premier Member Merits |
$5.00 |
| Endorsement stamps | $25.00 per stamp |
| International wire transfers | |
U.S. funds |
$35.00 + third party fees |
Foreign currency |
$35.00 + third party fees |
With third party fees included, total cost will range from $58 to $101 | |
| Incoming wire | |
Essential Member Merits |
$15.00 |
Enhanced Member Merits |
$10.00 |
Premier Member Merits |
$0.00 |
| IRA plan early closure fee (if closed within 180 days) | $25.00 |
| IRS incorrect SSN/TIN fee | Actual charge |
| Pre-paid Visa® card | |
Reload |
$3 |
Standard issue |
$6.95 |
Personalized |
$11.95 |
| Plastic card replacement | $5 / card |
| Pay by phone, fee per transaction | |
Essential Member Merits |
$15.00 |
Enhanced Member Merits |
$10.00 |
Premier Member Merits |
$5.00 |
Pay an Oregon State Credit Union loan from a checking account at another financial institution | |
| Statement copy | $5 / statement |
| Interim statement copy | $5 / copy |
| Returned deposited item | $10 / item |
| Returned item deposited through CU service center location | $10 / item + correspondent fees |
| Check collections or exchange | $10 + third party fees |
| Electronic bill paying | |
Online account access |
No charge |
Online bill pay |
No charge |
Bill pay stop payment |
$25 |
| Deposit bag | $7 per bag |
| Member in good standing letter | |
First original |
$10 |
Additional originals |
$1 / letter |
| Mortgage amortization schedule | $5 |
| Notary service | $5 / document |
| Safe deposit box | $35 - $110 / year |
Platinum Checking members receive a 10% rebate on safe deposit boxes | |
Safe deposit box re-keying fee |
$50 |
Safe deposit box drilling fee |
$10 + third-party fees |
| Redemption of foreign currency | $10 + third-party fees. |
Minimum redemption amount: $50 U.S. dollars. | |
| Purchase of foreign currency | $10 + third-party fees |
| Special services provided by third-party vendors | Actual charge |
| Locator research fee | $25 |
| Levy / garnishment | $75 |
