Disclosures

Please review the tabs below for our fee schedules and privacy disclosure.

Online Applications that request non-public, personal information are not intended to be completed by persons under 13 years of age.

Fee Schedule

The following are fees associated with various products and services offered by Cheney FCU (effective 6/1/11):

Checking Account Fees

NSF (Non-Sufficient Funds) $25 per item (paid or returned)
Stop Payment $25 per request
Share Draft Checking Service $5 per month if minimum balance is not maintained
Share Draft Checking Overdraft/Transfer $5 per transfer if transferred from Share Savings or from Overdraft Line of Credit
Check Copy $2 per copy after the first 5 copies

IRA Account Fees

Processing $15 one-time set up fee

Other Service Fees

Return Mail $1 per statement
Account Research $25 per hour
Statement Copies $1 per statement
Money Order $1 per Money Order
Escheatment Fee $75 after account dormant 3 years
Teller’s Checks $2 per check (1 free per month)
Stop Payment $25 per request
Deposited Item Return $5 per item
Foreign Deposited Item Return $20 per item
Wire Transfer $15 (outgoing)
International Wire Transfer $40 (outgoing)
Regulation D Violation Fee $5 per transfer after 6 per month
Account Closure $20 per account if closed within 6 months of opening account

Debit / ATM Card Fees

Replacement of Lost Card $5

Loan Late Fees

Mortgage Loan Late Fee A payment over 10 days past due will receive an $18 late fee
Consumer Loan Late Fee A payment over 10 days past due will receive an $20 late fee per month delinquent

Share Certificate Fees

90 days interest penalty on amount of principal withdrawn (after the 7 day grace period)

IRA Certificate Fees

180 days interest penalty on amount of principal withdrawn (after the 7 day grace period)

Privacy Policy

A Private Note to our members:
Cheney Federal Credit Union is committed to making financial products and services available that will enable you to meet your financial needs and reach your financial goals. Protecting personal information and using it in a manner consistent with your expectations is a high priority for everyone associated with your credit union.

Click Here to view our full Privacy Notice.

Cheney FCU will collect only the personal information that is necessary to conduct our business.
That means just what is necessary to identify you and to provide competitive financial products and services – no more. We collect this non-public personal information about you from the following sources:

  • Information we receive from you on applications or other forms;
  • Information about your transactions with us, or others; and
  • Information we receive from a consumer reporting agency.

Cheney FCU will only share information when absolutely necessary. We do not disclose any non-public personal information about our members or former members to anyone, except as permitted by law. We will only share information in the course of administering the products and services we provide, or when required to do so by law. We do not provide account or personal information to other companies for the purpose of independent telemarketing or direct mail marketing.

Cheney FCU will partner only with businesses that follow strict confidentiality requirements. The businesses we select will offer products designed to enhance our members’ economic well being. When we conduct business with third parties, we require them to maintain similar standards of conduct regarding the privacy of non-public personal information provided to them.

Cheney FCU will protect your personal information. Your credit union will maintain strong security controls to ensure that member information in our files and computers is protected. We will use advanced security coding techniques to protect against unauthorized access to personal records, ensure accuracy and integrity of communications and transactions, and protect member confidentiality.

Cheney FCU will limit employee access to your personal information. Employee access to non-public personal information is limited to those employees with a business reason to know such information. Employees are educated on the importance of maintaining the confidentiality of member information.

We believe the confidentiality and protection of member information is one of our fundamental responsibilities.

USA Patriot Act – About the USA Patriot Act