• Terms and Conditions of Your Account
• Check 21 Disclosure
• Fair and Accurate Credit Transaction Act of 2003 (FACT Act)

Change to MasterCard Cross-Border Transaction Fee

Currently, the conversion rate used by MasterCard International to determine the transaction amount in U.S. dollars for such transactions is generally either a government mandated rate or a wholesale rate determined by MasterCard International for the processing cycle in which the transaction is processed, plus 1%. The currency conversion rate used by MasterCard International on the processing date may differ from the rate that would have been used on the purchase date or cardholder statement posting date.

Effective April 7, 2006, the currency conversion fee will be discontinued. Instead, fees will be assessed as follows:

·A fee of 0.2% will also be assessed to card issuers on cross-border transactions that are converted from foreign currencies back to U.S. dollars (i.e. currency conversions.)

·A fee of 0.8% will be assessed to card issuers on all cross-border transactions (this excludes transactions initiated in U.S. territories or at U.S. military bases in foreign countries). This assessment will be charged to the credit union whether or not a currency conversion is performed.

Assessment of Fees

Effective April 7, 2006, all fees related to cross-border transactions will be assessed to the member’s account.

Fee Schedule -effective as of August, 16th 2007

The following schedule is an itemization of fees that may apply to your account. As you'll see in the schedule, credit union accounts and services are reasonably priced and applicable account fees are applied to members' accounts in instances where the service provided is an operating expense to the credit union. Because Munising Community Credit Union is a not-for-profit cooperative, we are able to maintain reasonably priced accounts, while providing competitively higher rates on savings and lower rates on loans.

Credit Union Membership
Membership Share	$5.00 par value

Share Savings Account
No applicable fees

Share Draft Checking Account
Debit/Draft Non-Sufficient Funds Fee	$25.00 per item
Stop Payment Fee	$10.00 per request
Check Order Fee	Prices vary depending on style
Draft Copy Fee	$2.00 per draft

Safe Deposit Box Fees
Small(3x5x24)	$10.00 Annual Fee
Medium(3x10x24)	$15.00 Annual Fee
Large(10x5x24)	$30.00 Annual Fee
Ex-Large(10x10x24)	$40.00 Annual Fee
Lock Replacement	Actual Cost
Key Replacement	Actual Cost

ACH
ACH Non-Sufficient Funds Fee	$25.00 per item
ACH Stop Payment	$10.00 per item

ATM
ATM Card Issue Fee	1st card no fee ; $5.00 for replacement
ATM Withdrawal – Our Machine	No charge 1st ten (20 with Net Pay) $1.00 each additional withdrawal
Non-proprietary ATM Withdrawal / Inquiries	$1.00 each request; Foreign ATM fee may apply
ATM Non-Sufficient Funds Fee	$25.00 per request

Other Service Fees
Account Reconciliation / Research Fee	$15.00 per hour; 1st occurrence free
Statement Copy from Microfiche	$2 per item
Deposit Item Return	$25.00 per item
Visa Gift Cards	$4.95 Initial Cost , $10.00 VISA assessed replacement fee
Fax (sending or receiving)	$1.00 for 1st page; $.50 each additional page
Copy Machine Fee	$.10 each page; 1st three copies free
Money Order Fee	$1.00 per money order; Free with SSA/Pension direct deposit
Traveler’s Cheques Fee	$1.00 per $100 issued; Free with SSA/Pension direct deposit
Corporate Check Fee	$3.00 per check; Free with SSA/Pension direct deposit
Corporate Check Stop Payment	$10.00 per request
Garnishment/Levy Processing	$50.00
Notary	No fee
Signature Guarantee	No fee
Returned Mail Fee	$5.00 per item

Cyberbranch Home Banking
Home Banking	No Charge
Bill Pay:
Stop Payment Order	$10/item
Return Item	$25/item
NSF	$25/item
Photocopy of Cleared Item	Actual Cost
Replacement Item	Actual Cost

MAXXAR Touch-Tone Teller
24 Hour account Access	No Charge

VISA – No annual Fee
Late or Over Limit Fee	$20.00 each occurrence
VISA Card Issue Fee	1st card no fee; $5.00 for replacement

 *15 day grace period before late fee is assessed (effective 1 Oct 2007)

Wire Transfers
DomesticShare to Share	$15.00 per transfer
Non Share to Share	$25.00 per transfer
International	$35.00 per transfer
Incoming	No Charge

The rates and fees appearing in this Schedule are accurate and effective for accounts as of the Effective Date. If you have any questions or require current rate and fee information on your accounts, please contact the credit union at (906) 387-3839.