CHECKING FEES
| QClassic Checking Maintenance | Free |
|---|---|
QChoice Checking Maintenance
Monthly fee applies when requirements to this account are not maintained: Monthly minimum deposit of $1,000.00 or average daily balance of $5,000.00. ATM fee refund amount up to $15.00 a month. |
$10.00/month |
Checking Rewards Maintenance
Monthly fee applies when requirements to this account are not maintained: Minimum balance to maintain active status $0.01, plus monthly direct deposit and eStatements. |
$10.00/month |
| Club/Association/Business Checking Account Maintenance | $5.00/month |
SAVINGS FEES
| HighQ Savings Maintenance
Applies when eStatements are not maintained. |
$10.00/month |
|---|---|
| Basic Savings, Name Your Own Savings, MMAs, Term Accounts, Holiday Club Accounts | Free |
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| 2-11 Month Term Accounts | 1% of amount withdrawn never to exceed original principal balance |
| 12-24 Month Term Accounts | 2% of amount withdrawn never to exceed original principal balance |
| 25 Month + Term Accounts | 3% of amount withdrawn never to exceed original principal balance |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 Account | $15.00 |
| IRAs (Under age 59-1/2. IRS penalty will also apply.) | $25.00 |
| All Outgoing Transfers or Rollovers | $25.00 |
CHECKING & SAVINGS SERVICES FEES
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 Processing Fee | $500.00 |
| Rate Lock Extension Fee | 0.25% |
| HELOC Processing Fee | $100.00 |
| HELOC Origination Fee | Interest Only Realty Line: $495 Investment Property HELOC: $695 |
| HELOC Annual Fees | Interest-Only Realty Line: $0 Investment Property HELOC: $100 |
| 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: $49.25/$98.50 (single/joint) HELOC: $39.65/$79.30 (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 |
CONVENIENCE FEES
| Bill Payment Check Copy | $10.00 |
|---|---|
| Bill Payment Stop Payment | $32.00 |
| Incoming Wire Transfer | Free |
| Outgoing Domestic Wire Transfer* | $20.00 |
| Outgoing International Wire Transfer* | $45.00 |
| *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. | |
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 |
| 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 |
Overnight Mail |
|
| Domestic | $15.00 |
| International | $25.00 |
| Saturday Delivery | Add $5.00 |
Shared Branching TransactionsMembers with $100,000 in daily aggregate deposits with Quorum are exempt from these fees. |
|
| Deposit | $5.50 |
| Withdrawal | $6.00 |