| Loan Application Fee |
Nonrefundable fee for a loan. |
$25.00 |
| Membership Fee |
Charged when a new account is opened. This covers the cost of materials. |
$5.00 |
| Late Payment Fee |
Applied to loan payments at 30 days late and continues every 30 days thereafter. |
$25.00 |
| Modification Fee |
Paid by the member when a delinquent loan is re-aged to make the loan current. Fee based on the number of months delinquent. |
$10.00 |
| NSF Fee |
Deducted from the member’s Share Account when a check bounces. |
$25.00 |
| Refinance Fee |
Charged to a member when they refinance a loan that has been on the books less than 12 months. |
$10.00 |
| Inactive Accounts Fee |
It is important to keep a Share Account active; this means at least one member-authorized transaction within a 12-month period. If more than 12 months. |
$10.00 |
| Inactive Accounts Fee (cont.) |
If more than 24 months. |
$15.00 |
| Vehicle Title Fee |
Borrower is assessed a fee for adding SNFCU as lienholder to the title of the financed vehicle. These proceeds are used to cover the costs incurred by the credit union. |
$40.00 |
| Fee for the Early Closing of an Account |
This fee is charged to an individual who opens an account and closes same account within 90 days. |
$10.00 |
