Fees

CHECKING FEES

Club/Association/Business Checking Account Maintenance $5.00/month

SAVINGS FEES

HighQ Savings and HighMarq Maintenance

Applies when eStatements are not maintained.

$10.00/month

CHECKING & SAVINGS SERVICES FEES

Paper Statement QBoost Checking $2.00 per month
ATM Card or Debit Card

ATM fee refund amount up to $15.00 a month for QChoice Checking Members.
First 2 free, then $10.00
Replacement Cards First free, then $10.00
ATM Withdrawals, first 10 First 10 withdrawals free
ATM Withdrawals, after first 10 11+: $2.00 per
Verification of Deposit $15.00
Cashier Checks $5.00
Stop Payment $32.00
Courtesy Pay Fee/Negative Balance $37.00
Overdraft Transfer from Savings

Fees reimbursed at the end of the month for QChoice Checking Members.
$20.00
Check or ACH Debit Returned (Insufficient Funds) $37.00

CONVENIENCE FEES

Incoming Wire Transfer Free
Outgoing Domestic Wire Transfer* $20.00
Outgoing International Wire Transfer* $45.00
Return of a Check You Deposited $25.00
Abandoned Property Processing $100.00
Invalid Address/Returned Mail $2.50/month
Statement Copy $10.00
Mid-Cycle Statement History $10.00
Notarization Free
Research/Special Correspondence Fee $20.00/hr
($20.00 min)
Subpoena/Restraining Notice/IRS Levy $100.00
*If originated through any other channel including but not limited to over-the-phone banking and in branch a $10 surcharge per transfer will apply.

OVERNIGHT MAIL

Domestic $15.00
International $25.00
Saturday Delivery Add $5.00

SHARED BRANCHING TRANSACTIONS

Members with $100,000 in daily aggregate deposits with Quorum are exempt from these fees.

Deposit $5.50
Withdrawal $6.00

CREDIT CARDS

Quorum Cash Advance

Finance charge assessed from the day of cash advance to the day of full payment.

2% ($5.00 min/$25.00 max)
Returned Payment Fee Up to $25.00

Late Payment Fees

Minimum Payment of $25.00 or More $25.00
Minimum Payment of $10.00 to $24.99 $10.00
Replacement of Credit Card First free, then $10.00

LOANS​

Late Payment $25.00
Duplicate Lien Release $25.00

Private Education Line-of-Credit

Application Fee Free
Late Payment 5% of the payment due
Non-Sufficient Funds (NSF) $20.00

MORTGAGES AND HOME EQUITY LOANS

First Mortgage and Co-Op Loan Application$295.00

First Mortgage and Co-Op Loan Application $295.00
First Mortgage Processing Fee $500.00
Rate Lock Extension Fee 0.25%
HELOC Processing Fee $100.00
HELOC Origination Fee First Lien HELOC: $495
Second Lien HELOC: $495
Investment HELOC: $695
Bridge Loan HELOC (1st Lien): $995
HELOC Annual Fees First Lien HELOC: $0
Second Lien HELOC: $0
Investment HELOC: $100
Bridge Loan HELOC (1st Lien): $0
Late Payment Varies
Appraisal Varies
Closing Costs Varies
Subordination Agreement Fee $150.00
Preparation and Recording of Satisfaction Varies by county
Flood Certification First Mortgage: $8.50
HELOC: $7.00
Credit Report Fees First Mortgage: $64.25/$128.50 (single/joint)

HELOC: $54.65/$109.30 (single/joint)

Tax Service Fee Varies – begins at $61.00.
Modification $225.00
Trust Agreement Variable – begins at $150.00
Verification of Mortgage $15.00

LOAN PAYMENT SERVICE FEES

Recurring Payments via Loan Payment Portal and ACH Free
One-time Payment via Loan Payment Portal $1.95
One-time Payment via Automated Telephone Service $1.95
One-time Payment via Member Service $9.95

TERM SAVINGS ACOUNT (similar to a High-Yield CD)

Early Withdrawal Penalties

2-11 Month Term Accounts 1% of amount withdrawn never to exceed original principal balance
12-24 Month Term Accounts 2% of amount withdrawn never to exceed original principal balance
25 Month+ Term Accounts 3% of amount withdrawn never to exceed original principal balance

Holiday Club Early Withdrawal Penalties

Holiday Club Account $15.00

IRA Withdrawals/Rollovers/Transfers

IRAs (Under age 59 1/2. IRS penalty will also apply)  $25.00
All Outgoing Transfers or Rollovers $25.00

ATM/DEBIT CARDS

Daily Maximum Withdrawal Limit – ATM Card $500.00
Daily Maximum Withdrawal Limit – Debit Card $1,000.00