Rates and Fee Schedule
The fees contained in this Schedule are accurate as of January 1, 2017. For current information call your Credit Union at (713) 850-1600 or (800) 392-5084.
This Fee Schedule sets forth certain conditions, rates, fees and charges applicable to all loans and loan requests at Smart Financial Credit Union and is incorporated as part of your loan agreement(s) with us. All rates quoted are annual percentage rates (APR). All rates are dependent on credit worthiness and loan term. Each product has a minimum loan amount and minimum loan amounts for certain terms. Loan to Value Ratio on Secured loans may increase or decrease the rate. See a Financial Services Specialist to apply or for additional information.
Fees are Subject to change - Contact Your Credit Union
| Loan Accounts Fee Schedule | |
| Effective Date: Tuesday, May 14th, 2024 | |
| Account | Fee |
| Loan Accounts | Late Payment Charge - 5% of monthly installment if 10+ days late ($5.00 min. $30.00 max.) |
| Collection Agency Fees - all costs of collecting the amount you owe including court costs | |
| Collection Attorney Fees - all costs of collecting the amount you owe including court costs and reasonable attorney fees | |
| Returned Check Fee - $30 if a check is returned on a loan payment | |
| Application Fee After 3 Denials Within a 12 Month Period - $25 | |
| Statement Copies - $5 each | |
| Transaction History (up to 90 days) - $5 each | |
| Document Copied - $5 each | |
| Balance Inquiry - $5 each (free through SmartLine) | |
| Telephone Transfer - $5 each (free through SmartLine) | |
| Loan Payoff Letter - $5 | |
| Skip Payment and Extension Fee - $25 each | |
| Rewrite Fee - $25 (Motorcycle, RV, Boats, & Signature Loans) | |
| Rewrite Fee - $100 (Auto Loans only) | |
| Credit Line (Revolving Line of Credit) | Application Fee - $25 |
| Note: Loans are subject to additional fees. For complete fees refer to loan documents. | |
TRUTH-IN-SAVINGS FEE SCHEDULE
Effective January 1, 2017...Subject to change by the Board of Directors
| Checking and Savings Fee Schedule | |
| Effective Date: Tuesday, May 14th, 2024 | |
| Account | Fee |
| Money Market Accounts | $10 Minimum Balance Fee Per Month (Balances < $2,500) |
| Insufficient Check (NSF) - $30 per item | |
| Excess Draw Fee - $10 each (first six free) | |
| Checking Accounts | Insufficient Check (NSF) - $30 per item (paid or unpaid) |
| Insufficient Debit MasterCard Transaction - $30 (per transaction over $10) | |
| Temporary Checks (8) - $8 (No Charge For Starter Checks) | |
| Stop Payment Order Per Series of 25 Checks - $30 | |
| Discretionary Overdraft Protection Fee (DOP) - $30 per transaction > $10. Excludes Smart Scholar & Smart Start Checking | |
| Overdraft Protection Draw Fee if Savings Transfer exceeds $10/day - $5 | |
| Smart Scholar Checking | $10 Monthly Service Charge (waived ages 14 to 17) |
| Smart Start Checking | $10 Monthly Service Charge (waived ages 18 to 25) |
| Smart Choice Checking | $10 Monthly Service Charge (waived if any of the qualifications listed below are met) |
| Waived if Direct Deposit > $500 per month OR | |
| Waived with 20+ debit card (POS) transactions/month OR | |
| Waived for ages 65 and over | |
| Smart Premier Checking | $15 Monthly Service Charge (waived if all of the qualifications listed below are met) |
| Waived if combined average balance of deposits & loans exceeds $15,000 | |
| Smart Select Checking (discontinued) | Monthly Service Charge - $12 |
| Waived if Direct Deposit > $1,000 per month. | |
| Waived if age 25 and under | |
| eChecking (discontinued) | Service Fees - $2 per in branch / phone transaction |
| Freedom Checking (discontinued) | Monthly Service Charge - None with direct deposit. $12 per month fee with no direct deposit. |
| Primary Checking (discontinued) | Minimum Balance to avoid Monthly Service Charge - $400 |
| Monthly Service Charge - $4 per month | |
| Superior Checking (discontinued) | Minimum Average Daily Balance to Avoid Monthly Service Charge - $1,000 or 55+ years of age |
| Monthly Service Charge - $10 | |
| No Check Checking (discontinued) | Monthly Service Charge - $5 (VA only) |
| Individual Retirement Account (IRA) | Closing / Transfer Out Fee - $10 |
| Debit MasterCard / ATM Card Services | SFCU Debit Card Tranactions @ SFCU owned ATM's - No Charge |
| SFCU debit card transactions @ non-SFCU ATMs - $2.00 each (free for Premier Checking) | |
| Replacement Debit MasterCard/ ATM card - $5 each | |
| Currency Conversion Fee (Debit MasterCard Transactions including online purchases) - 1% of transaction amount | |
| Safe Deposit Box Service (North Loop, Conroe & Sugar Land offices only) | Key Deposit - $25 |
| Box Size 3" x 5" - $25 annually | |
| Box Size 3" x 10" - $40 annually | |
| Box Size 5" x 10" - $60 annually | |
| Box Size 10" x 10" - $95 annually | |
| Box Drill - $225 | |
| Other Service Fees | Official Checks - $5 (free for Premier Checking) |
| Official Checks (On Us Check Conversion) - $5 | |
| Money Orders - $2 each (free for Premier Checking) | |
| Closed Account within 6 months of opening - $10 | |
| Collection Items - Domestic items $20 each | |
| Document Copied - $5 each | |
| Foreign Collection Items - $30 each | |
| Inactive account fee - $10 per month (excluding minor, custodial, and CAP) | |
| Incorrect Address Fee - $10 | |
| Insufficient ACH Debit - $30 each | |
| Insufficient Debit MasterCard Transaction - $30 each | |
| Lost Title Fee - $25 | |
| Notary Services (Non Member) - $6 | |
| Overnight Delivery - $25 | |
| Paid Check Copied - $5 | |
| Returned Deposit Item - $30 per item | |
| Statement Copied - $5 | |
| Stop Payment Order ACH - $30 each | |
| Stop Payment Order Check (Branch or Phone) - $30 each | |
| Stop Payment Order check (Online) - $30 each | |
| Tax Levies and Garnishments - $50 | |
| Transaction History (up to 90 days) - $5 each | |
| Verification of Deposit (written - other than SFCU mortgages) - $15 | |
| Wire Transfers - International - $40 each | |
| Wire Transfers - Outgoing Domestic - $20 each | |
| Paper Statement Fee - $2 (on applicable checking accounts) | |
TRUTH-IN-SAVINGS FEE SCHEDULE
Effective March 1, 2015...Subject to change by the Board of Directors
| Business Account Fee Schedule | |
| Effective Date: Tuesday, May 14th, 2024 | |
| Account | Fee |
| All Business Checking Accounts | Insufficient Check (NSF) - $30 per item (paid or unpaid) |
| Temporary Checks (8) - $8 (No Charge for Starter Checks) | |
| Stop Payment Order per Series of 25 Checks - $30 | |
| Check Printing Fees May Vary | |
| Overdraft Protection Draw Fee if Savings Transfer exceeds $10/day - $5 | |
| Smart Business Checking | Minimum Balance to avoid Monthly Service Charge - $2,500 |
| Monthly Service Charge - $10 per month | |
| Maximum # of Transactions per month – 150 | |
| Excessive Transactions Fee: $0.25 each | |
| Smart Advantage Business Checking (Interest-Bearing) | Minimum Average Daily Balance to Avoid Monthly Service Charge - $5,000 |
| Monthly Service Charge - $15 | |
| Maximum # of Transactions per month – 250 | |
| Excessive Transactions Fee - $0.25 each | |
| Sweep Processing Monthly Fee (to Business Money Market Account) - $15 | |
| Business Money Market Accounts | Minimum Balance Fee - $10 per month - with balance below $5,000 |
| Transfer Limitations Violation - $30 per item | |
| Check Cashing Fee | Members with less than $1,000 in aggregate deposit and/or loan balances will be assessed a $3 check–cashing fee. |
| Debit MasterCard/ATM Card Services | Transactions With a Smart Financial Credit Union Card @ SFCU-owned ATM’s - No Charge |
| Transactions With a Smart Financial Credit Union Card @ other ATM locations - $2 each | |
| Replacement Debit MasterCard/ ATM card - $5 each | |
| Currency Conversion Fee (Debit MasterCard Transactions including online purchases) - 1% of transaction amount | |
| Safe Deposit Box Service (available at our Newcastle, Conroe & Sugar Land offices only) | Key Deposit - $25 |
| Box Size 3" x 5" - $25 annually | |
| Box Size 3" x 10" - $40 annually | |
| Box Size 5" x 10" - $60 annually | |
| Box Size 10" x 10" - $95 annually | |
| Box Drill - $225 | |
| Other Service Fees (applicable to all accounts) | Account Inquiry/Transactions by phone - $5 each |
| Cashier's Checks payable to Third Party - $5 | |
| Cashier's Checks (On Us Check Conversion) - $5 | |
| Cashier Check Replacement Fee - $30 | |
| Closed Account within 6 months of opening - $10 | |
| Coin Roll Order - $0.10 per roll | |
| Collection Items - Domestic items $20 each | |
| Currency Strap Order - $0.40 per strap | |
| Deposit Zipper Bags - $5 each | |
| Document Copied - $5 each | |
| Foreign Collection Items - $30 each | |
| Inactive account fee - $10 per month | |
| Incorrect Address Fee - $10 | |
| Insufficient ACH Debit - $30 each | |
| Insufficient Debit MasterCard Transaction - $30 each | |
| Lost Title Fee - $25 | |
| Money Orders - $2 each | |
| Night Deposit Bags (disposable) - 50 @ $25 | |
| Non-Member Check Cashing - $5 | |
| Notary Services (Non Member) - $6 | |
| Overdraft Protection Transfer Fee - $2 | |
| Overnight Delivery - $25 | |
| Paid Check Copied - $5 | |
| Research and Reconciliation (1 hour min. - $2 / page) – $25 | |
| Return Deposit Item from Member Account on Another Institution - $30 | |
| Returned Deposit Item - $30 per item | |
| Statement Copy - $5 | |
| Stop Payment Order ACH - $30 each | |
| Stop Payment Order Check (Branch or Phone) - $30 each | |
| Stop Payment Order check (Online) - $30 each | |
| Tax Levies and Garnishments - $50 | |
| Transaction History (up to 90 days) - $5 each | |
| Verification of Deposit (written - other than SFCU mortgages) - $15 | |
| Wire Transfers - International - $40 each | |
| Wire Transfers - Outgoing Domestic - $20 each | |