PenFed Online

Service Fees

Current as of

Regular Share, Checking, and Money Market Savings Account Amount

Check Stop Payment (each)..........................................$ 15.00

    Two or more simultaneous stop payments ............ 25.00

Returned Deposited Check....................................... 5.00

Returned Inbound Electronic Transfer(Originated at PenFed)......................................................... 30.00

Returned ACH (Originated at another financial institution)

Check, or Preauthorized Debit Non-sufficient Funds............................................ 30.00

Uncollected Funds (Deposits on hold)........................... 10.00

MMSA Excessive Transactions.................................... 10.00

Checking Account

Monthly Service Charge............................................. 10.00

Daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge.

Access Bill Pay Monthly Charge 

Access America................................................... FREE

Complete Access................................................. 5.00

PenCheck Plus..................................................... 8.95

PenCheck Net...................................................... 4.50

PenCheck Net Fee is waived if you maintain an average monthly balance of at least $5,000 in the account.

Access America Checks........................................... 5.00

Complete Access Checks......................................... 6.82

PenCheck Plus and PenCheck Net Checks............... 16.25

ATM Card/Debit Card

Network Withdrawal*.................................................. 1.50

Network Balance Inquiry* ............................................ 1.00

International Transaction Fee................up to 2% of Transaction

Credit Cards

Convenience Check Stop Payment (each).................... 15.00

Two or more simultaneous stop payments............. 25.00

Late Payment Fee (per billing cycle)†

Balance less than $1,000............................... up to 10.00

Balance $1,000–$2,000................................ up to 20.00

Balance greater than $2,000.......................... up to 25.00

Returned Payment, Check or ACH†..................... up to 25.00

Balance Transfer Fee†......................3% of Transferred Balance

 

 *Unlimited PenFed ATM transactions, both withdrawals and balance inquiries, per statement cycle without a PenFed fee from Access America and Complete Access Checking accounts.

No fee with the PenFed VISA Promise Card®, PenFed Defender American Express® Card or PenFed Defender VISA Signature® Card.

Loans Amount

Returned Loan Payment, Check or ACH..................... $30.00

Late Charge on Loans (per payment) .................................20% of Finance Charge Due 

($5 min./$25 max.)

Thrifty Credit Service, Tax-Smart College Line, &
Personal Line of Credit Over Limit Fee (each time) ............ 15.00

Check Stop Payment................................................ 15.00

Automobile Lien Placement Charge.........Actual Fee Incurred

Equity Line of Credit

Convenience Check Stop Payment (each) ..................... 15.00

Two or more simultaneous stop payments............. 25.00

Over Credit Limit (per month)............................................ 10.00

Returned Check ........................................................ 30.00

Check Stop Payment (each).......................................... 15.00

Returned Loan Payment, Check or ACH..................... 30.00

Late Charge......................................5% of Past Due Amount

Mortgage and Equity Loans

Late Charge ...........................As provided in promissory note

Returned Loan Payment, Check or ACH......................$30.00

Services

Mailed Consolidated Statement of Accounts............... 1.00 

Fee is waived if you receive your statements electronically, have a PenFed checking account with Direct Deposit of at least $500 per month to it, or maintain a minimum daily balance of $500 or more in it.

Mailed Credit Card Statement.................................... 1.00 

Fee is waived if you receive your statements electronically.

Statement Copy (each) ................................................. 1.50

Check Copy (each, after first four free).................................... 1.00

Money Order ............................................................. 2.00

Travelers Cheques (per $100)......................................... 1.00

Travelers Cheques for two (per $100).............................. 1.50

Gift Cheques (each)..................................................... 2.50

Western Union Money Order...................................... 12.00

Wire Transfer.............................................................. 20.00

International Wire Transfer.......................................... 30.00

ACH Transfer via Member Service.............................. 5.00 

There is no fee for ACH transfers initiated at PenFed.org

Real Estate Subordination Request.............................100.00

Maintenance

Bad Address/Inactive Accounts (per quarter).................... 15.00

Garnishment or Levy Fee........................................... 20.00

Account Research (per hour).......................................... 10.00

 

 ‡Except where prohibited by law.