| Application Fee |
Refundable when the application process is completed. |
$100.00 |
| 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. |
$20.00 |
| 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 |
It is important to keep a Share account active, this means at least one member-authorized transaction within a 12-month period. |
$5.00 |
| Vehicle Loan 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. |
$20.00 |
| Bad Address fee |
We will charge the member a fee for each month after we notify them the first time that we sent them material that came back to us due to a faulty address. |
$5.00 |
| Fee for the Early Closing of an Account |
Effective Jan 2022, a fee is charged to an individual who opens an account and closes same account within 90 days. |
$10.00 |
