If you are looking for the best credit union company that comes with great service, then you easily go with PenFed Credit union. It is one of the largest credit unions in the United States that offers saving and checking accounts, online banking, credit cards, loans, mortgages, money market service, and more to the military, government, and normal citizens.
You can easily become a member of the PenFed and enjoy its services after you are qualified. After you join a PenFed credit union, then you can register to PenFed online banking so that you can access it online mobile banking. You can do all your transaction or transfer within your device through the PenFed mobile app and website.
But everything comes with a price. This means you have to pay a certain amount of money or there are certain charges which you need to bear to enjoy the services of PenFed.
So, in this article, we will talk about the overall PenFed service fees.
PenFed Credit Union Service Fees
PenFed provides a wide range of services to its members. If you are using any one of the services of PenFed, then you have to pay charges for it. Some of the services of the PenFed are free to use, but some of them charge you a little bit which is less than other credit union or a bank.
So, if you are wondering how much PenFed services cost you monthly or yearly, then take a look at the following all services charges of the PenFed.
Note: The PenFed Service fees can be changed from time to time.
PenFed Checking Accounts Fee
If you are a new member of the PenFed and you have a checking or saving account on PenFed credit union, then here are the fees which you have to pay to use their services.
Access America Account
Note: If you deposit at least $500 monthly or you have a daily balance of $500 in your account then you don’t have to pay monthly service charge.
|
Service |
Charge |
| Monthly Service Charge | 10.00 |
| Check Stop Payment (Individual) | 20.00 |
| Check Stop Payment (Sequential Series) | 30.00 |
| Returned Inbound Electronic Transfer (Originated at PenFed) | 30.00 |
| Return Deposited Check | 5.00 |
| Returned ACH (Originated at another financial instituation) check or Preauthorized Debit
· Non-Sufficient Funds · Uncollected Funds (Deposits on hold) |
30.00 10.00 |
| Check Ordering (Per order) First 50 Free/
For second 50 checks |
5.00 |
| Bill Pay | Free |
| International Transaction Fee | Up to 2% of the transaction amount |
Complete Access Account
Note: If you deposit at least $500 monthly or you have a daily balance of $500 in your account then you don’t have to pay monthly service charge.
|
Service |
Charge |
| Monthly Service Charge | 10.00 |
| Check Stop Payment (Individual) | 20.00 |
| Check Stop Payment (Sequential Series) | 30.00 |
| Returned Inbound Electronic Transfer (Originated at PenFed) | 30.00 |
| Return Deposited Check | 5.00 |
| Returned ACH (Originated at another financial instituation) check or Preauthorized Debit
· Non-Sufficient Funds · Uncollected Funds (Deposits on hold) |
30.00 10.00 |
| Check Ordering (Per order)
· First 50 checks · Second 100 checks |
Free 6.82 |
| Bill Pay | 5.00 |
| International Transaction Fee | Up to 2% of transaction amount |
Penchecks Plus Account
Note: If you deposit at least $500 monthly or you have a daily balance of $500 in your account then you don’t have to pay monthly service charge.
|
Service |
Charge |
| Monthly Service Charge | 10.00 |
| Check Stop Payment (Individual) | 20.00 |
| Check Stop Payment (Sequential Series) | 30.00 |
| Returned Inbound Electronic Transfer (Originated at PenFed) | 30.00 |
| Return Deposited Check | 5.00 |
| Returned ACH (Originated at another financial instituation) check or Preauthorized Debit
· Non-Sufficient Funds · Uncollected Funds (Deposits on hold) |
30.00 10.00 |
| Check Ordering (Per order)
· First 50 · Second 100 checks |
10.00 16.25 |
| Bill Pay | 8.95 |
| International Transaction Fee | Up to 2% of transaction amount |
Free Checking Account
|
Service |
Charge |
| Monthly Service Charge | Free |
| Check Stop Payment (Individual) | 20.00 |
| Check Stop Payment (Sequential Series) | 30.00 |
| Returned Inbound Electronic Transfer (Originated at PenFed) | 30.00 |
| Return Deposited Check | 5.00 |
| Returned ACH (Originated at another financial instituation) check or Preauthorized Debit
· Non-Sufficient Funds · Uncollected Funds (Deposits on hold) |
30.00 10.00 |
| Check Ordering (Per order)
· First 50 · Second 100 checks |
5.00 10.00 |
| Bill Pay | Free |
| International Transaction Fee | Up to 2% of the transaction amount |
PenFed Money Market Saving Account, Premium Online Savings, Regular Share Fee
|
Service |
Charge |
| Check Stop Payment (Individual) | 20.00 |
| Check Stop Payment (Sequential Series) | 30.00 |
| Returned Inbound Electronic Transfer (Originated at PenFed) | 30.00 |
| Return Deposited Check | 5.00 |
| Bill Pay | Free |
| Returned ACH (Originated at another financial instituation) check or Preauthorized Debit
· Non-Sufficient Funds · Uncollected Funds (Deposits on hold) |
30.00 10.00 |
| Share and Money Market Savings Account
· Non-PenFed Branded ATM Withdrawal Fee · Non-PenFed Branded ATM Balance Inquiry Fee |
1.50
1.00 |
| International Transaction Fee | Up to 2% of the transaction amount |
PenFed Credit Cards Fee
|
Service |
Charge |
| Convenience Check Stop Payment (each) | 15.00 |
| Two or more simultaneous Stop Payment | 25.00 |
PenFed Loans Fee
|
Service |
Charge |
| Returned Loan Payment, Check or ACH | 30.00 |
| Late Charge on Loans (per payment) | 29.00 |
| Automobile Lien Placement Charge | Actual fee incurred |
| Thrifty Credit Service, Personal Line of Credit Over limit fee, Tax-smart College Line (each time) | 15.00 |
PenFed Equity Line of Credit Fee
|
Service |
Charge |
| Convenience Check Stop Payment (Individual) | 20.00 |
| Check Stop Payment (Sequential Series) | 30.00 |
| Over Credit Limit (per month) | 20.00 |
| Returned Check | 30.00 |
| Returned Loan Payment, Check or ACH | 30.00 |
| Lien Release Processing | 20.00 |
| Late Charge | 5% of past due amount (minimum 20.00) |
PenFed Mortgages and Equity Loans Fee
|
Service |
Charge |
| Late Charge | As provided in a promissory note |
| Returned Loan Payment, Check or ACH | 30.00 |
| Lien Release Processing | 20.00 |
PenFed Maintenance Fee
|
Service |
Charge |
| Bad Address/Inactive Accounts (per quarter) | 15.00 |
| Garnishment or Levy Fee | 20.00 |
| Account Research (per hour) | 15.00 |
PenFed Additional Services Fee
|
Service |
Charge |
| Mailed Consolidated Statement of Accounts | 2.00 |
| Mailed Credit Card Statement | 1.00 |
| Statement Copy | 3.00 |
| Check Copy (each, after first four free) | 1.00 |
| Western Union Money Order | 12.00 |
| Domestic Wire Transfer | 25.00 |
| International Wire Transfer | 30.00 |
| Real Estate Subordination Request | 150.00 |
| ACH Transfer via 3rd Party Servicer | 10.00 |
| ACH Transfer via Member Service | 5.00 |
PenFed ATM Fee
|
Service |
PenFed ATMs |
In-Network ATMs |
Out-Network ATMs |
| Access America Checking | No Fee | Free | No Fee |
| Free Checking | |||
| Complete Access Checking | |||
| PenCheck Limited Checking | Free | Withdrawal $1.50
Balance Inquiry $1.00 |
Withdrawal $1.50
Balance Inquiry $1.00 |
| PenCheck Plus Checking | |||
| Regular Share Savings | |||
| Money Market Savings |
Conclusion
The overall Service fee of the PenFed credit union is average compared to others. Some of them are a little bit high, but as long as the service is good and suits you or you are satisfied, a fee doesn’t matter. So, go through the PenFed credit union service fees of credit card, loans, mortgages, money market, saving or checking account, ATM, maintenance, and more.
In case you’ve any confusion over the service charges of PenFed, then do contact their customer service routing number (256078446).
If you have any queries related to PenFed credit union them leave a comment down below.
