Fee Schedule

As a credit union, we keep our fees to a minimum to cover our costs.

Remember, we have no stockholders to draw profits and no paid Board of Directors. So we pass that savings directly on to you in the form of lower fees, higher earnings on your deposits, and lower interest on loans.

Personal

Savings Accounts

Membership (Base) Savings — establishes membership with the credit union

Custodial Savings — a savings account for your child(ren); Custodian required

Special Savings — a way to save for something specific, such as the holidays, a vacation or a new car

All savings accounts:

  • $5 minimum deposit to open and maintain (Special Savings does not require minimum deposit)
  • Earns dividends on average daily balance of $100 or greater during dividend period
  • No monthly maintenance fees when account is active

All youth savings accounts: (Applies to Dollar Dog, Cha-Ching, and The Edge accounts. Joint account holder(s) required from age Birth–15.)

  • $5 minimum deposit to open and maintain the account
  • Special dividend on first $500 balance

Money Market Accounts

Money Market

Earns dividends on average daily balance of $2,500 or greater during dividend period.

Personal Savings (Base/Special) and Money Market Account Fees

Fee Type Fee How to Avoid Fee Alert Me
Check cashing for savings-only members 1% of check ($5 minimum) Apply for a checking account with LGE.
Inactive savings account (12 months of no activity); applies to balances of $250 or less $5 per month Perform at least one transaction per 12 months; use other LGE products and services.
Excess savings withdrawal: Personal, Custodial, Conservatorship Accounts age 23 and up; Trust Accounts; Estate Accounts $5 each after 5 per month Perform fewer withdrawals for larger amounts.
Excess savings withdrawal: Youth, Custodial, Conservatorship Accounts age birth - 22 $2 each after 5 per month Perform fewer withdrawals for larger amounts.
Minimum balance not met $5 per month Maintain required balance; use other LGE deposit products and services.
Money Market excessive withdrawals $5 each after 5 per month Perform fewer withdrawals for larger amounts.
Savings Accounts and Money Market Accounts are limited to 6 withdrawals per month as required by Regulation D. Examples of transactions that are limited to 6 include, but are not limited to, Checks, Online Banking transfers and Telephone transfers.

Loans

Loans—

  • Credit Cards — Apple Pay available
  • Vehicle loans — auto, motorcycle, boat, RV
  • Student loans
  • Personal loans
  • Debt protection

Loan Fees

Fee Type Fee How to Avoid Alert Me
Loan payment by phone or via LGE website from another institution $7.50 each Use Online Banking transfer to loan payment; schedule automatic ACH transfer from your other financial institution accounts.
Non-Sufficient Funds (NSF) loan payment $30 each Verify sufficient funds in account prior to making or scheduling the payment.
Skip-A-Pay (next loan payment) $25 each (only once every 12 months)

ATMs

ATM

Understanding ATM Fees:

  • Surcharge Fee from ATM operator: When using an ATM other than LGE’s, the operator of the ATM will usually charge you a fee. These charges typically range from $1.50 to $3.50 and are not determined by LGE. You may be charged a fee for a balance inquiry even if you do not complete a fund transfer.
  • Non-LGE ATM Fee: Members will be charged a $1 transaction fee for withdrawing at a non-LGE ATM. You can receive a refund of these fees at the end of each month when you qualify for High Rewards Checking.

ATM Fees

Fee Type Fee How to Avoid Alert Me
ATM withdrawals at non-LGE ATMs $1 each No fee at LGE ATMs; request cash back when making purchases with merchants; refunded to members who qualify for High Rewards Checking.

Debit/Credit Cards

Debit/Credit Cards

  • Chip enabled
  • Apple Pay available
  • Visa Checkout available
  • No annual fee

Debit/Credit Card Fees

Fee Type Fee How to Avoid Fee Alert Me
Custom Cards First card is free; additional and replacement card(s) $10 each
Replacement cards (non-custom) $5 each
Visa International Service Assessment, no currency conversion 0.8% of transaction amount
Visa International Service Assessment, with currency conversion 1.0% of transaction amount

Overdraft Services

Overdrafts

Maximum 5 daily Courtesy Pay and/or NSF fees charged to your account (excludes overdraft protection transfers)

Overdraft Fees

Fee Type Fee How to Avoid Fee Alert Me
Overdraft Protection transfers from your savings (fee applies when overdraft is created by check, ACH debit, ATM withdrawal, debit card withdrawal, or other electronic method) $5 each Use Online Banking account alerts; maintain sufficient funds in checking account.
Overdraft Courtesy Pay fee $30 each Use Online Banking account alerts; link account to savings account for lower overdraft fee.
Non-Sufficient Funds (NSF) $30 each Use Online Banking account alerts; link account to savings account for lower overdraft fee.
Non-Sufficient Funds (NSF) for Bill Pay $30 each plus Bill Pay cost Use Online Banking account alerts; verify sufficient funds in account prior to scheduling payment.

Additional Services

Additional Account Services—

Including savings, checking, and other account services.

Additional Fees

Fee Type Fee How to Avoid Fee Alert Me
Check orders Fees depend on style of check ordered (CheckProtect shipping fee and taxes apply to all check orders) Use Online Bill Pay, debit card, credit card, ACH/automated transfers.
Copies $5 per statement/item View and print statements and check images through Online Banking.
Deposit/Payment Items Returned (when an item is either cashed for you or accepted for deposit to your account and is returned to us unpaid) $30 each Use caution when cashing or depositing negotiable items.
Expedited check request (Bill Pay) $20 each
Return Mail/Bad Address $5 per month Maintain current address on account through Online Banking, written, or branch notification.
Stop Payment (includes Bill Pay) $30 each
Inactive Checking Account (6 months of no activity) - applies to balances of $250 or less $5 per month Perform at least one transaction per 6 months.
Check cashing for non-members (LGE Checks, LGE Money Orders/Official Checks, Bill Pay Checks, LGE Prime Equity Plus Checks) 1% of check ($5 minimum)
Coin machine for non-members 10% of total amount
Express/Overnight delivery $5 plus cost
Legal processing for levies, garnishments, subpoenas, etc. $50 plus $0.25 per page for item copies (per occurrence)
Money orders/Official checks payable to third party $5 each
Research/Balancing of account (minimum 1 hour) $30 per hour
Wire Transfer - Domestic incoming $15 each
Wire Transfer - Domestic outgoing $20 each
Wire Transfer - International incoming $20 each
Wire Transfer - International outgoing USD $65; Foreign $45
Balance Inquiry Fee $2 each Utilize Online or Mobile Banking, Memberline, or Balance Alerts for updated balance information.

Business

Business Savings & Money Market Account Fees

Fee Type Fee How to Avoid Fee Alert Me
Inactive Savings Account (12 months of no activity) - applies to balances of $250 or less $5 per month Perform at least one transaction per 12 months; use other LGE products and services.
Excess Savings Withdrawal $5 each after 5 per month Perform fewer withdrawals for larger amounts.
Money Market minimum balance not met $5 per month Maintain required balance; use other LGE deposit products and services.
Money Market Excessive Teller Withdrawals $5 each after 5 per month Perform fewer withdrawals for larger amounts.
Savings Accounts and Money Market Accounts are limited to 6 withdrawals per month as required by Regulation D. Examples of transactions that are limited to 6 include, but are not limited to, Checks, Online Banking transfers and Telephone transfers.

Business Checking Account Fees

Minimum Balance to Open Average Daily Balance (ADB) Maintenance Fee1 Dividend        Transaction Fees2 Cash Fees Alert Me
Primary Checking Alert Me
$100 $2,500 $10 effective 10/01/18 N/A $0.20 per item >150 effective 10/01/18 $5 per
$1,000 over
$5,000/ Monthly
Growth Checking Alert Me
$100 $10,000 $15 effective 10/01/18 0.25% $0.20 per item >250 effective 10/01/18 $5 per $1,000 over $5,000/ Monthly
Volume Checking Alert Me
$100 N/A $15; may be offset by Earnings Credit N/A $0.20 per debit (check or ACH), $0.25 per credit (ACH), $0.08 per credit (check deposit), $0.20 per item >250 effective 10/01/18 $5 per $1,000 over $5,000/ Monthly
Non-Profit Checking Alert Me
$100 N/A N/A N/A N/A N/A
  • 1Maintenance fee can be waived if associated average daily balance is maintained. If the ADB falls below the amount listed by checking plan, the maintenance fee will be assessed.
  • 2Items include the following: checks paid, checks received, OTC withdrawals, ACH debit/credit, cash transactions

Business Loan Fees

Fee Type Fee How to Avoid Fee Alert Me
Loan payment by phone or via LGE website from another institution $7.50 each Use Online Banking transfer to loan payment; schedule automatic ACH transfer from your other financial institution accounts.
Non-Sufficient Funds (NSF) Loan Payment $30 each Verify sufficient funds in account prior to making or scheduling the payment.

Business Account Service Fees (including Savings and Checking Accounts)

Fee Type Fee How to Avoid Fee Alert Me
ATM withdrawals at non-LGE ATMs1 $1 each
Debit/Credit Custom Cards 1st card is free; additional and replacement card(s) $10 each
Debit/Credit Replacement Cards (Non-Custom) $5 each
Visa International Service Assessment, no currency conversion 0.8% of transaction amount
Visa International Service Assessment, with currency conversion 1.0% of transaction amount
Merchant Capture (Electronic scanning and transmission of deposited checks into account from a remote location) $45 per month
Overdraft Protection transfers from your Savings (fee applies when overdraft is created by check, ACH debit, ATM withdrawal, debit card withdrawal, or other electronic method) $5 each
Overdraft Courtesy Pay fee $30 each
Non-Sufficient Funds (NSF) $30 each
Non-Sufficient Funds (NSF) for Bill Pay $30 each plus Bill Pay cost
Check orders Fees depend on style of check ordered (CheckProtect shipping fee and taxes apply to all check orders) Use Online Bill Pay, debit card, credit card, ACH/automated transfers.
Copies $5 per Statement/Item View and print statements and check images through Online Banking.
Deposit/Payment Items Returned (when an item is either cashed for you or accepted for deposit to your account and is returned to us unpaid) $30 each Use caution when cashing or depositing negotiable items.
Expedited check request (Bill Pay) $20 each
Return Mail/Bad Address $5 per month Maintain current address on account through Online Banking, written, or branch notification.
Stop Payment (includes Bill Pay) $30 each
Express/Overnight Delivery $5 plus cost
Legal processing for Levies, Garnishments, Subpoenas, etc. $50 plus $0.25 per page for item copies (per occurrence)
Money orders/Official checks payable to 3rd party $5 each
Research/Balancing of Account (min 1 hour) $30 per hour
Wire Transfer - Domestic incoming $15 each
Wire Transfer - Domestic outgoing $20 each
Wire Transfer - International incoming $20 each
Wire Transfer - International outgoing USD $65; Foreign $45
Balance Inquiry Fee $2 each Utilize Online or Mobile Banking, Memberline, or Balance Alerts for updated balance information.
  • 1When you use an ATM not owned by us, you may be charged a fee by the ATM operator or any network used. You may be charged a fee for a balance inquiry even if you do not complete a fund transfer.