Everything you need to know about how to avoid fees for our products and services.
We provide full disclosures about all our offerings so you know exactly how they work. As a not-for-profit credit union, we're successfully eliminate or reduce many of the fees you pay at other financial institutions. Still, there are times when we must charge a nominal fee to cover the cost of a service, but we never charge more. We care about your financial wellness, so we've provided you with tips on how to avoid the fees. Read through our Membership Disclosures and view our fee schedule for full details.
Fees Schedules - Effective 11/02/2018
Account Opening & Usage - Checking & Savings
| Type | Fee | How to avoid the fee |
|---|---|---|
| Early Account Closure (within 60 days of opening) | $10 | Keep your account open. |
| Inactive Membership (no activity within 12 months) | $7/month | Use your Piedmont Advantage debit or credit card for all your purchases, or by making at least one purchase, deposit, withdrawal or transfer each year. |
| Low Balance Fee | $2/month | Maintain a $100 aggregate balance with your deposit and loan balances. |
| Return Mail | $3/item | Update your address. Call us today! |
| Return Statement | $3/item | Update your address. Call us today! |
| Duplicate Statement Copy (Quarterly/Monthly) | $3 each | Sign up for eStatements. You can access your statements from anywhere, anytime on any device. |
| Verification of Deposit (VOD) | $10/per | |
| ATM Usage (ATMs not owned by Piedmont Advantage) | $1 each (First five transactions are free.) | Use your check card to make "cash back" purchases or using Piedmont Advantage ATMs. |
| Plastic Card Replacement (VISA® Debit) | $20/card | |
| Returned Third Party Check | $12/item |
Account Opening & Usage - Checking Only
| Type | Fee | How to avoid the fee |
|---|---|---|
| VISA International Debit Card Usage | There are never additional fees for using your Piedmont Advantage VISA outside of the United States. | It's already free! |
| CD of Canceled Checks | $15/CD | Use Bill Pay. |
| Copies of Checks | $3 each | Use Bill Pay. |
| Check Orders | Varies by Style | Use Bill Pay. |
| Stop Payment | $25/request | |
| Member's Returned Item for Insufficient Funds (NSF) | $32/item | Set up Overdraft Protection from another Piedmont Advantage account. |
Overdraft Protection Options
| Type | Fee | How to avoid the fee |
|---|---|---|
| Overdraft Advantage | $32/transfer | Use Advantage Access Online Banking or Mobile App, PACUTel, an ATM, or call our call center to transfer funds. |
| Overdraft Protection from a share account | $3/transfer | Use Advantage Access Online Banking or Mobile App, PACUTel, an ATM, or call our call center to transfer funds. |
Transfers
| Type | Fee | How to avoid the fee |
|---|---|---|
| Share Transfer by Phone | $2/transfer | Use Advantage Access Online Banking or Mobile App, PACUTel, an ATM, or call our call center to transfer funds. |
| Wire Transfer - Domestic | $20/transfer | |
| Wire Transfer - International | $35/transfer |
Credit Union Services
| Type | Fee | How to avoid the fee |
|---|---|---|
| Holiday or Vacation Club Early Withdrawal | $20/withdraw | Wait for specified distribution date to receive funds for less stressful holiday shopping and a vacation full of fun! |
| Collection Item | $10/item | |
| Gift Cards | $2/card | |
| Late Loan Payment (Consumer) | 4% of regularly scheduled payment amount | Make all payments on time. This will also help you to maintain your good credit score or build credit if needed. |
| Legal Processes (Escheats) | $100/item | Contact our call center. |
| Money Orders | $3/item | |
| Official Check with 3rd Party Payee | $5/check | |
| Overnight UPS Paperwork/Check Delivery (next business day) | $15/transaction | |
| Overnight UPS Paperwork/Check Delivery (Saturday delivery) | $30/transaction | |
| Overnight UPS Paperwork/Check Delivery (A.M. delivery) | $45/transaction | |
| Member Assisted Phone Payment | $12/request | Use online banking or PACUTel |
| Automated Service Phone Payment | $6/request | Using online banking or PACUTel |
| Real Estate Loans Late Payment | 4% of regularly scheduled payment amount | Make all payments on time. |
| Research | $20/hour | |
| Mortgage Subordination | $100 |
VISA® Account
| Type | Fee | How to avoid the fee |
|---|---|---|
| VISA® Late Payment | $25 | |
| VISA® NSF for Payment | $20 | |
| VISA® Transaction Copy | $25 |