Share Draft Checking Accounts
Related Services» Current Savings Rates | Savings Calculator | Checking | Share Certificates

The following is a description of share draft accounts in this credit union. The accounts are also subject to all the terms and conditions in the share draft agreement and any other terms and conditions the credit union establishes from time to time.

No minimum balance required, no monthly maintence fee required.

The fees for use of a share draft account are:

$30.00 for each overdraft
$10.00 for each stop payment
$ 5.00 for each copy of a paid draft
$10.00 to certify a members draft
$ 5.00 for each third party corporate check
$10.00 for each statement of account(s), which must be retrieved from microfiche.
One statement of account(s), per month free, additional statements per month $2.00
Current prices for each box of drafts

Electronic transfers cannot exceed 6 per month. A $30.00 fee will be charged for each transfer after the 6th transfer.

Should the member incur excessive overdrafts, the account will be evaluated with the possible recommendation of closing the account. Should this happen, the member will be given seven days notice prior to closing the account.

VISA Check Card
Lancaster Postal Employees Federal Credit Union offers a VISA check card to our share draft account holders.