Rates and Fees

Rates Schedule

Share Rates
  • $50.00 – 999.99.05%
  • $1,000.00 – $4999.99.05%
  • $5,000.00 – $9,999.99.05%
  • $10,000.00 – and above.10%
Clubs

Vacation Club – .05%

Christmas Club.05%

Share Certificates (CD’s)

06 months 0.25%0.30% APY

12 months 0.40%0.40% APY

(minimum deposit $2000.00)

Loan Rates

Signature7.50% – 18.00%

Line of Credit – 10% – 14%

Share Secured400 Basis Points above the stated rate on share savings at the time of loan.

Pledge of Certificate300 Basis Points above the stated rate on share certificate at the time of loan.

New / Used Vehicles
Duration of Loan Rate
84 months 3.99 – 18.00% Must Purchase Gap Insurance
72 months 3.49 – 18.00% Must Purchase Gap Insurance
60 months 2.99 – 18.00%
48 months 2.99 – 18.00%
36 months 2.99 – 18.00%

*Vehicles over $30,000 can be financed up to 84 months with the purchase of gap insurance.

We will not Finance Vehicles over 10 Years Old.

***Rates are current as of press date and are subject to change without prior notice.

Fees Schedule

All Accounts

Account Research Fee$6.00 per hour

Dormant Fee (No Activity for 12 months)$5.00 a month

Late Fee on Loans$29.00

Legal Process Fee -

  • $84.00 for Garnishment
  • $53.00 for Judgement
  • 25% Attorney Fees

Title Transfer Fee -$10.00

Duplicate Title Fee$10.00

Stop Payment Fee$25.00

Statement Copy Fee$1.00 per copy (per item)

Draft Return Insufficient Funds$35.00

Deposit Item Return - $15.00

 Original Copy of Draft - $10.00

ACH Return Insufficient Funds$35.00

Clear Draft from Shares - $10.00

VISA Check Application Fee$5.00

VISA Check Card Replacement Fee$10.00

Check Cashing Fee (Free with Direct Deposit)$5.00

Share

Excess withdrawal fee of 35.00 per transaction after 6 transactions

Investment Clubs

Christmas Club Account Withdrawal Fee – $10.00 for a withdrawal, other than the automatic withdrawal date ( Nov. 1 )

Vacation Club Account Withdrawal Fee$10.o0 for a withdrawal other than the automatic withdrawal date (June 1)

ATM

ATM Withdrawal Transfer Fee (if not Richmond Heritage ATM)$1.00

Membership

Membership Share$5.00 per value

Membership Fee$5.00

© Copyright Richmond Heritage Federal Credit Union 2013. All rights reserved.