It’s expensive to maintain inactive accounts, and here at MICU, saving you money is our first priority. To minimize costs, inactive account fees will be assessed when these conditions are present:
- Don’t have a loan
- Have less than $100 on deposit
- Who do not make even one transaction in six months
Will be assessed an inactive fee of $10 per quarter for each savings account number.
- Have checking accounts with less than $100
- Who do not make even one transaction in six months will be assessed $10 per month for each checking account number.
Avoid these fees by making sure you keep the minimum in a savings or checking account, see us for a loan OR just make at least one transaction every six months for each account.