Fees and Disclosures
Current Fees
| ATM/DEBIT CARD Fees* | Amount in $ | Description |
|---|---|---|
| ATM Transaction Fees (only applies to ATM transactions) | $2.00 | Per withdrawal |
| ATM Inquiry Fees (only applies to ATM inquires) | $1.00 | Per Inquiry |
| ATM/DEBIT Cards | $10.00 | To replace lost or stolen card |
| ATM PIN Replacement Fees | $0.00 | Members now do this by phone |
| ATM/DEBIT Overdrawn Account | $40.00 | Per Item |
| Invalid ATM/DEBIT Deposits | $100.00 | Each |
| Account Fees* | ||
|---|---|---|
| Account Opening Requirements *Par value of one full Share | $10.00 | Minimum Balance To Be Maintained In Share (Savings) To Be In Good Standing |
| Share Draft (checking) Opening Requirements | $50.00 | To Be Deposited and a Direct Deposit |
| Below Minimum Balance Checking Fee | $9.00 | Per month - No Fee for SharePLUS Accounts |
| Overdraft Protection Fee | $6.00 | Each |
| NSF Fees | $40.00 | Each |
| Returned Deposit Fee | $15.00 | Each |
| Stop Payment Fee | $30.00 | Each |
| Overdraft Fee | $40.00 | Each |
| Canceled Check Copy / Check Look-up Fee | $10.00 | Each |
| Check Printing Fees | Prices vary depending on style | |
| New Membership Fee | $0.25 | At initial opening of membership account |
| SharePLUS Monthly Maintenance Fee | $5.00 | Per Month |
| Early Closeout Fee - Before 90 Days | $10.00 | Per Account |
| Christmas and Vacation Club Fees* | ||
|---|---|---|
| Account Withdrawal Fee | $30.00 | Per withdrawal |
| Other Service Fees* | ||
|---|---|---|
| Account Reconciliation | $35.00 | Per hour ($35.00 Minimum charge) |
| Verification of Deposit | $20.00 | Each |
| Loan Late Fees | $30.00 | Payment made 10 or more days late |
| Copies of Statements & Account Histories | $5.00 | Per page |
| Bank-to-Bank Incoming Wire Transfers | Free | Domestic wires only |
| Bank-to-Bank Outgoing Wire Transfers | $30.00 | Each |
| Dormant / Escheat Fees | $20.00 | Per month charged after one year |
| IRA Transfer Fees (to another institution) | $25.00 | Each |
| Garnishments / IRS Levies / Attachments / Liens | $100.00 | Each |
| Counter check made payable to 3rd Party | $1.00 | Each |
| Returned Statements Fee | $5.00 | For each statement returned by USPS |
*Effective January 5, 2024
Privacy Statement
WHAT DOES POST OFFICE CREDIT UNION OF MARYLAND DO WITH YOUR PERSONAL INFORMATION?
WHY?
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
WHAT?
The types of personal information we collect, and share depend on the product or service you have with us. This information can include: Social security number and account balances, credit history and credit scores, income and payment history.
HOW?
All financial companies need to share members’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their members’ personal information; the reasons Post Office Credit Union of Maryland chooses to share; and whether you can limit this sharing.
Reasons We Can Share Your Personal Information.
For our everyday business purposes – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or to report to credit bureaus.
Does POCUMD share? YES Can you limit this sharing? NO
For marketing purposes - to offer our products and services to you.
Does POCUMD share? YES Can you limit this sharing? YES
For joint marketing with other financial companies.
Does POCUMD share? YES Can you limit this sharing? YES
For our affiliates everyday business purposes - information about your transactions and experiences.
Does POCUMD share? NO Can you limit this sharing? WE DO NOT SHARE
For our affiliates everyday business purposes - information about your creditworthiness.
Does POCUMD share? NO Can you limit this sharing? WE DO NOT SHARE
For our affiliates to market to you.
Does POCUMD share? NO Can you limit this sharing? WE DO NOT SHARE
For non-affiliates to market to you.
Does POCUMD share? NOCan you limit this sharing? WE DO NOT SHARE
To Limit Our Sharing
Call us at (410) 727-5469 or email info@pocumd.org
Please note: If you are a new member, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our member, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.
Questions? Call (410)727-5469 and speak to a Member Services Representative.
What We Do
How does Post Office Credit Union of Maryland protect my personal information?
To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
How does Post Office Credit Union of Maryland collect my personal information?
We collect personal information, for example, when you:
open an account or deposit money
pay your bills or apply for a loan
We also collect your personal information from others such as credit bureaus, affiliates, and other companies.
Why can’t I limit all sharing?
Federal law gives you the right to limit only:
Sharing for affiliates’ everyday business purposes—information about your creditworthiness
Affiliates from using your information to market to you
Sharing for non-affiliates to market to you
State laws and individual companies may give you additional rights to limit sharing.
What happens when I limit sharing for an account I hold jointly with someone else?
Your choices will apply to everyone on your account.
Definitions
Affiliates
Companies related by common ownership or control. They can be financial and nonfinancial companies.
POCUMD has no affiliates
Non-affiliates
Companies not related by common ownership or control. They can be financial and nonfinancial companies.
Non-affiliates POCUMD shares with can include insurance companies, government agencies, plastic card processors (debit/ATM), financial statement publishers or printers, mortgage companies, mortgage service companies, consumer reporting agencies, data processors, check/share draft printers, and direct marketing companies.
Joint Marketing
A formal agreement between POCUMD and non-affiliated financial companies that together market financial products or services to you.
POCUMD’s joint marketing partners include advertising/marketing agencies, CUNA Mutual Group’s MEMBERCONNECT, ATM card company, and loan recapture programs.