Initial Deposit Requirements

Basic Checking - no minimum required
Premier Checking - minimum of $500 to open and maintain this account

Fees

The following products and services are offered free of charge.

• Routine/regularly scheduled electronic deposits originated by Leyden Credit Union using the Automated Clearing House (ACH) system
• Financial Institution Wires from another Financial Institution into Leyden Credit Union
• Point of Sale transactions using the Leyden Credit Union Visa Check Card
• Online images of paper checks that have cleared Leyden Credit Union within the last ninety days

The following services may cause a fee to be assessed to your account.

• Under minimum balance in Premier Checking: $5 per month
• Financial Institution Wires from Leyden Credit Union to another Financial Institution: Fees vary
  
• Monthly User Fee for Basic Checking without direct deposit : $2.00 per month
• Request to Reconcile Statement: $20 per hour with minimum of 1 hour
• Non-Sufficient Funds Charges: $25.00 per paper check
• Account Closure by credit union for misuse: $25.00
• Stop payments: $25.00 per paper check. If you make payments electronically, there is no charge for editing pending payments.
• Overdraft protection: $5.00 per overdraft. Transfers will be made for the exact amount needed
• Paper copies of account statements: $1.00 per page.
• Paper copies of checks: $3.00 each up to 5; $1 each after 5 plus document retrieval fee of $5.

Interest Rate Information

No interest will be paid on the Basic Checking account. Interest is paid on balances maintained in Preferred Checking.

Electronic Funds Transfer Limitations