CHECKING FEES
| Club/Association/Business Checking Account Maintenance | $5.00/month |
|---|
SAVINGS FEES
| HighQ Savings and HighMarq Maintenance
Applies when eStatements are not maintained. |
$10.00/month |
|---|
CHECKING & SAVINGS SERVICES FEES
| Paper Statement QBoost Checking | $2.00 per month |
|---|---|
ATM Card or Debit Card
ATM fee refund amount up to $15.00 a month for QChoice Checking Members. |
First 2 free, then $10.00 |
| Replacement Cards | First free, then $10.00 |
| ATM Withdrawals, first 10 | First 10 withdrawals free |
| ATM Withdrawals, after first 10 | 11+: $2.00 per |
| Verification of Deposit | $15.00 |
| Cashier Checks | $5.00 |
| Stop Payment | $32.00 |
Paid NSF Fees (per transaction) |
|
| Courtesy Pay Fee/Negative Balance | $37.00 |
Overdraft Transfer from Savings
Fees reimbursed at the end of the month for QChoice Checking Members. |
$20.00 |
| Check or ACH Debit Returned (Insufficient Funds) | $37.00 |
CONVENIENCE FEES
| Incoming Wire Transfer | Free |
|---|---|
| Outgoing Domestic Wire Transfer* | $20.00 |
| Outgoing International Wire Transfer* | $45.00 |
| Return of a Check You Deposited | $25.00 |
| Abandoned Property Processing | $100.00 |
| Invalid Address/Returned Mail | $2.50/month |
| Statement Copy | $10.00 |
| Mid-Cycle Statement History | $10.00 |
| Notarization | Free |
| Research/Special Correspondence Fee | $20.00/hr ($20.00 min) |
| Subpoena/Restraining Notice/IRS Levy | $100.00 |
| *If originated through any other channel including but not limited to over-the-phone banking and in branch a $10 surcharge per transfer will apply. | |
OVERNIGHT MAIL
| Domestic | $15.00 |
|---|---|
| International | $25.00 |
| Saturday Delivery | Add $5.00 |
SHARED BRANCHING TRANSACTIONS
Members with $100,000 in daily aggregate deposits with Quorum are exempt from these fees.
| Deposit | $5.50 |
|---|---|
| Withdrawal | $6.00 |
CREDIT CARDS
| Quorum Cash Advance
Finance charge assessed from the day of cash advance to the day of full payment. |
2% ($5.00 min/$25.00 max) |
|---|---|
| Returned Payment Fee | Up to $25.00 |
Late Payment Fees |
|
| Minimum Payment of $25.00 or More | $25.00 |
| Minimum Payment of $10.00 to $24.99 | $10.00 |
| Replacement of Credit Card | First free, then $10.00 |
LOANS
| Late Payment | $25.00 |
|---|---|
| Duplicate Lien Release | $25.00 |
Private Education Line-of-Credit |
|
| Application Fee | Free |
| Late Payment | 5% of the payment due |
| Non-Sufficient Funds (NSF) | $20.00 |
MORTGAGES AND HOME EQUITY LOANS
| First Mortgage and Co-Op Loan Application | $295.00 |
|---|---|
| First Mortgage Processing Fee | $500.00 |
| Rate Lock Extension Fee | 0.25% |
| HELOC/Home Equity Loan Processing Fee | $100.00 |
| HELOC/Home Equity Loan Origination Fee | First Lien HELOC: $495 Second Lien HELOC: $495 Fixed-Rate Home Equity: $495 Renovation HELOC: $495 Investment HELOC: $695 Bridge Loan HELOC (1st Lien): $995 |
| HELOC/Home Equity Loan Annual Fees | First Lien HELOC: $0 Second Lien HELOC: $0 Fixed-Rate Home Equity: $0 Renovation HELOC: $0 Investment HELOC: $100 Bridge Loan HELOC (1st Lien): $0 |
| Late Payment | Varies |
| Renovation HELOC Monthly Supervision Fee | $149/month during the renovation until Certificate of Completion received |
| Appraisal | Varies |
| Closing Costs | Varies |
| Subordination Agreement Fee | $150.00 |
| Preparation and Recording of Satisfaction | Varies by county |
| Flood Certification | First Mortgage: $8.50 HELOC: $7.00 |
| Credit Report Fees | First Mortgage: $64.25/$128.50 (single/joint)
HELOC: $54.65/$109.30 (single/joint) |
| Tax Service Fee | Varies – begins at $61.00. |
| Modification | $225.00 |
| Trust Agreement | Variable – begins at $150.00 |
| Verification of Mortgage | $15.00 |
LOAN PAYMENT SERVICE FEES
| Recurring Payments via Loan Payment Portal and ACH | Free |
|---|---|
| One-time Payment via Loan Payment Portal | $1.95 |
| One-time Payment via Automated Telephone Service | $1.95 |
| One-time Payment via Member Service | $9.95 |
TERM SAVINGS ACOUNT (similar to a High-Yield CD)
Early Withdrawal Penalties |
|
|---|---|
| 2-11 Month Term Accounts | 1% of amount withdrawn never to exceed original principal balance |
| 12-24 Month Term Accounts | 2% of amount withdrawn never to exceed original principal balance |
| 25 Month+ Term Accounts | 3% of amount withdrawn never to exceed original principal balance |
Holiday Club Early Withdrawal Penalties
| Holiday Club Account | $15.00 |
|---|
IRA Withdrawals/Rollovers/Transfers
| IRAs (Under age 59 1/2. IRS penalty will also apply) | $25.00 |
|---|---|
| All Outgoing Transfers or Rollovers | $25.00 |
ATM/DEBIT CARDS
| Daily Maximum Withdrawal Limit – ATM Card | $500.00 |
|---|---|
| Daily Maximum Withdrawal Limit – Debit Card | $1,000.00 |