Keeping our fees to the bare minimum

At Purdue Federal, our goal is to put more money in your pocket. That's why we offer everything from digital banking to ATM access to fund transfers at no cost. Fees? Yes, we have some of those to cover our operating costs. But we strive to keep them as low as possible, and we offer the list below so there are never any surprises.

All Purdue Federal Checking Accounts are free with no monthly service or maintenance fees.

Student, Sensible & Merit Checking
Fee Type Fee
Closing Penalty(if in first 90 days) $50
Negative Balance Fee
(automatically assessed after 5 business days)
$5/day
Stop Payment
(check or ACH via branch/contact center)
$35
Stop Payment (check) via Digital Banking $20
Temporary Check from Purdue Federal Staff $1/sheet
Inactive Checking Account If balance <$100 for 1 year $5/month
Non-Sufficient Funds (NSF) Related Fees
Fee Type Fee
NSF $35
Courtesy Pay/Paid NSF (check or ACH) $35
Overdraft Transfer Fee $10/day
*Please see Your Guide to Member Services for terms and conditions.
Health Savings Account (HSA) Checking
Fee Type Fee
Set-up Fee $20
Closing Penalty (if in first 90 days) $50
Negative Balance Fee
(automatically assessed after 5 business days)
$5/day
Stop Payment
(check or ACH via branch/contact center)
$35
Stop Payment (check) via Digital Banking $20
Temporary Check from Purdue Federal Staff $1/sheet
Inactive HSA Membership
If aggregate checking and savings balance <$100 for 18 months
$5/month
Savings
Fee Type Fee
Penalty for Below Min. Balance $4.99
Member Closing Penalty (if in first 9 mos.) $5
Inactive Savings Account
If balance <$100 for 3 years
$5/month
Stop Payment (ACH) $35
Negative Balance Fee
(automatically assessed after 5 business days)
$5/day
Money Market Account
Fee Type Fee
Negative Balance Fee
(automatically assessed after 5 business days)
$5/day
Stop Payment (check or ACH) $35
Stop Payment (check) via Digital Banking $20
Temporary Check from Purdue Federal Staff $1/sheet
Inactive Money Market Account
If balance <$100 for 1 year
$5/month
Credit Card
Fee Type Fee
Reissue Card
(fraud, expiration or Purdue Federal request)
FREE
Replacement Card $5/card
Replacement PIN $1.50
Foreign Transaction: Visa Signature NONE
Foreign Transaction: Visa Traditional Rewards
All transactions in U.S. dollars
Up to 1% of each transaction
Late/Returned Payment Fee Up to $25
Debit Card
Fee Type Fee
Reissue Card
(fraud, expiration or Purdue Federal request)
FREE
Replacement Card $5/card
Replacement PIN $1.50
Foreign Transaction
All transactions in U.S. dollars
Up to 1% of each transaction
Digital Banking Services
Fee Type Fee
Digital Banking(via browser or app) FREE
Bill Pay (desktop and mobile app) FREE
Documents (paperless statements, notices, etc.) FREE
Print Check to Branch FREE
Bank-by-Phone FREE
External Transfers (incoming/outgoing) FREE
Other Services
Fee Type Fee
Debit Card with Checking FREE
Credit Card Rewards Program FREE
Annual IRA Administration FREE
Signature Guarantee FREE
Annual HSA Administration FREE
Shared Branch Transactions FREE
Foreign (Non-Purdue Federal) ATM Fees
(surcharges may be assessed by ATM owner)
FREE
CO-OP or Alliance One ATM Transactions FREE
Account Fees
Fee Type Fee
Account Balancing Service (1 hr. min.) $30/hr.
Account Research (1 hr. min.) $30/hr.
Transaction History $3
Statement Copy $5/month
Check Copy $5/check
International Statement Mailing Fee $10/ statement
Verification of Deposit Letter $25
Cashier’s Check Copy $3
Returned Deposit Item $10
Returned Deposit Item
(endorsed from Purdue Federal member)
$25
Levy Processing $50
Garnishment/Attachment Processing $20
Replacement for Lost or Stolen Purdue Federal Cashier’s Check $35
Miscellaneous Fees
Fee Type Fee
Cashier’s Check 1 free per day. Free online. $5 ea./ after
Notary
3 free per day
$1 ea./ after
Wire Incoming, Domestic $15
Wire Outgoing, Domestic $25
Wire Incoming, International $15
Wire Outgoing, International $45
Foreign Currency Shipping $15
Foreign Currency (Selling/Exchange Srvc.)
(Coins will not be accepted.)
$5
Foreign Check Processing Fee $25
View all disclosures of our My Member Perks program here.
 
Fee Type Business Checking Commercial Checking Dividend Checking Gold Checking Non Profit Checking
Minimum Balance Fee None $10* $10* $10* None
Activity Fees
(Checks Cleared)
50 Free/mo.
$0.15 ea./after
150 Free/mo.
$0.15 ea./after
300 Free/mo.
$0.15 ea./after
500 Free/mo.
$0.15 ea./after
500 Free/mo.
$0.15 ea./after
Service Fees
(Checks Deposited)
50 Free/mo.
$0.15 ea./after
150 Free/mo.
$0.15 ea./after
300 Free/mo.
$0.15 ea./after
500 Free/mo.
$0.15 ea./after
500 Free/mo.
$0.15 ea./after
*Waived if average daily balance of preceding month was $500 for Commercial, $5,000 for Dividend, and $25,000 for Gold Checking.
Checking
Fee Type Fee
Closing Penalty
(if in first 90 days)
$50
Temporary Checks
(from Purdue Federal branch)
$1/sheet
Inactive Checking Account
(if balance <$100 for 1 year)
$5/mo.
Negative Balance Fee
(after 5 days)
$5/day
Stop Payment Fees
Fee Type Fee
Stop Payment
(check or ACH via branch/contact center)
$35
Stop Payment
(check via digital banking)
$20
Replacement for lost or stolen Purdue Federal cashier’s check $35
Non-Sufficient Funds (NSF) Related Fees
Fee Type Fee
NSF $35
Courtesy Pay/Paid NSF
(check or ACH)
$35
Overdraft Transfer Fee $10/day
*Please see Your Guide to Business Services for terms and conditions.
Business Savings
Fee Type Fee
Minimum Balance to Open $5
Minimum Balance Requirement
(membership share)
$5
Closing Penalty
(if in first 90 days)
$5
Penalty for Below Minimum Balance $4.99
Minimum Balance for Dividend Accrual $5.01
Inactive Savings Account
(if balance <$100 for 3 years)
$5/mo.
Paper Statements $5/mo.
Negative Balance Fee
(after 5 days)
$5/day
Business Share Certificate
Fee Type Fee
Minimum Balance to Open Varies
Early Withdrawal Fee Varies
Business Money Market
Fee Type Fee
Minimum Balance to Open $2,500
Visa® Business Debit Card
Fee Type Fee
Replacement Card $5/card
Replacement PIN $1.50
Reissue Card
(fraud, expiration or Purdue Federal request)
FREE
Foreign Transaction
All transactions in U.S. dollars
Up to 1% of each transaction
Visa® Business Credit Card
Fee Type Fee
Rewards Points*
(not valid on bal. transfers or cash advances)
1.5 rewards points/$1
Replacement Card $5/card
Reissue Card
(fraud, expiration or Purdue Federal request)
FREE
Foreign Transaction
All transactions in U.S. dollars
Up to 1% of each transaction
Late/Returned Payment Fee Up to $25
* Rewards points are applied to and redeemable by the Authorized Officer only and do not expire. Other restrictions may apply
Fee Type Fee
Selling or Exchange $5
Foreign Check Processing Fee $25
Outgoing, International $45
*Coins will not be accepted
Fee Type Fee
Digital Banking(via browser or app) FREE
Documents (paperless statements, notices, etc.) FREE
Print Check to Branch FREE
Bank-by-Phone FREE
External Transfers (incoming/outgoing) FREE
Wire Fees
Fee Type Fee
Incoming, Domestic or International $15
Outgoing, Domestic $25
Outgoing, International $45
Member Business Services
Fee Type Fee
Account Balancing (1 hour minimum) $30/hour
Account Research (1 hour minimum) $30/hour
Deposit Ticket Template FREE
Signature Guarantee FREE
Notary Signature (3 free per day) $1/ea.
Check Copy $5/check
Verification of Deposit Letter $25
Cashier’s Check Copy $3
Nationwide Access
Fee Type Fee
Foreign (Non-Purdue Federal) ATM Fees
(surcharges may be assessed by ATM owner)
FREE
CO-OP or Alliance One ATM Transactions FREE
Copies, returned items and legal processing
Fee Type Fee
Purdue Federal Cashier’s Check
(1 free per day)
$5
Copies: Statement Copy $5/mo.
Returned Items: Returned Deposit Item $10
Returned Deposit Item
(endorsed from Purdue Federal member)
$25
Legal Processing: Garnishment/Attachment Processing $20
Legal Processing: Levy Processing $50
Process Type Time (in Eastern Time Zone)
ACH Deposits Opening of business or 9 a.m.
Remote Deposit Capture 2 p.m.
Mailed-in Deposits 5 p.m.
After-Hours (night drop box)
Deposits made at a Purdue Federal 24-Hour Depository Box after 10 a.m. will be considered deposited the next business day we are open.
10 a.m.
Drafts/Checks Deposited at Branch
(on business days credit union is open)

Lafayette & West Lafayette (Eastern Time):

Lobby Hours
Mon. - Fri. 9 a.m.-5:30 p.m.
Sat. 9 a.m.-Noon

Drive-Up
Mon. - Fri. 7 a.m.-6 p.m.
Sat. 8 a.m.-Noon

Crown Point & La Porte (Central Time):

Lobby Hours
Mon. - Fri. 9 a.m.-5 p.m.
Sat. 9 a.m.-Noon

Drive-Up
Mon. - Fri. 8:30 a.m.-6 p.m.
Sat. 9 a.m.-Noon

Purdue Federal Credit Union serves members worldwide and operates branches throughout Greater Lafayette, Crown Point and La Porte, Indiana.