Disclosures

Business Fee Schedule

Effective December 2012

Membership Fees

Membership application No charge
Opening fee None
Monthly service charge None
Close within 6 months of opening $25
Dormant accounts (no activity within 12 months):  
Dormant monthly fee: $5
Negative accounts after 7 calendar days $2 per day

Checking Fees

Monthly service charge: on balances of $1,000 or more

($5.00 when balances drop below $1,000 within the month).
No charge
Monthly Transaction Fee: for 75 items (or less) per billing cycle

($.25 per item that exceeds the 75 item per billing cycle limt).
No charge
Overdraft transfer notification $1.50
“Paid” Non-Sufficient Funds (NSF) checks: Per check, up to $500 negative balance
This service will only be available to members who meet eligibility requirements.
$30
Returned Non-Sufficient Funds (NSF) checks $30
 
Returned / Deposited Item:
Written on themselves $30
Received from non-member $10
Received from another member No charge
 
Stop payment order:
Single check or series of checks $30
Check/Debit card POS stop order $30
 
Photocopy or off-site inquiry per copy $2
Foreign check currency conversions $1

Electronic Funds Transfers Fees

Including automated funds transfers and vendor payments set up through the Federal Reserve’s Automated Clearing House (ACH)

Member requested ACH stop/return
- Requires an affidavit signed by member
- Applied each time a vendor withdrawal is attempted
$30
ACH Non-sufficient funds (NSF):
Overdraft transfer notification $1.50
NSF ACH not covered by transfer $30

Wire Transfer Fees

Incoming wire No Charge
Domestic outgoing wire $15

Business Accounts/Checking

See separate Business Account Fee Schedule

Online BillPay Services

Standard Bill-pay Service No Charge
Account-to-Account Transfer (w-other institutions) $1.00
Same Day Bill Pay $9.95
Overnight Checks $15.95

Mobile Banking Services

First 100 texts per month No Charge
After 100 texts per month $.05 each

ATM / Debit Card Fees

- Highmark subscribes to the CO-OP & MoneyPass ATM system.

Application and initial order No Charge
Reorder or Lost Card $5
Foreign / International Transaction Fee 1% of each transaction in US Dollars
 
Fee per ATM transaction, CO-OP & MoneyPass Network at participating locations:
First eight per month No Charge
Over eight per month $2.00 each
Use of ATM outside of Network $2.00 each
 
Fee per Domestic Debit transaction None
Monthly service charge None
Overdraft transfer notification $1.50
 
Non-sufficient funds (NSF) withdrawals*
Up to $500 negative balance $30 per transaction
Over $500 negative balance Revocation of card plus $30 per transaction

*This service is subject to eligibility requirements.

VISA® Credit Card

Foreign / International Transaction fee 1% of each transaction in US dollars
Document Copy Fee $5
Rush Fee $30
Emergency Card Replacement Fee $30
Card Replacement Fee $5

Cashier’s Checks and Money Orders

Credit Union Checks $2
Money Orders $1
Stop Payment on lost or stolen CU checks
- Requires an affidavit signed by member
$30
Stale-dated credit union checks $15 per month

Other service fees

CPI (Collateral Protection Insurance) Processing Fee $35
Counter Checks (Qty of 8) $5
Address Correction/Return Mail/No Address $5 quarterly
Early withdrawal (Summer Savings) $25
Early withdrawal (Christmas Club) $5
Account research $15/hour ($5 minimum)
Checkbook/account reconciliation $15/hour ($5 minimum)
Account statement printout $1 per sheet
Notary service: members only
- Limited to one (1) per day
No Charge
Payment-by-phone checks for credit cards No Charge
All other payment-by-phone checks $10
Loan payment deferral $30
NSF Return Credit Card Payment $25
NSF Return Loan Payment $30
Title handling fee/perfection of title $10
Photo copies $.10 per page
Incoming FAX $1 per page
Outgoing FAX (non international faxes): First page $1
Each additional page $.50
Regulation D limits to electronic transfers
In excess of six
$5
Incoming Collection Item $10
Outgoing Collection Item $10
Live telephone transfers/inquiries $2
Written Verifications of deposit $5
Compliance with Garnishment/Levy/Legal order $15

Fee Schedule

Effective May 1 2014

Membership Fees

Membership application No charge
Opening fee None
Monthly service charge None
Close within 6 months of opening $25
Dormant accounts (no activity within 12 months):  
Dormant monthly fee: $5
Negative accounts after 7 calendar days $2 per day

Checking Fees

Monthly service charge None
Overdraft transfer notification $1.50
“Paid” Non-Sufficient Funds (NSF) checks: Per check, up to $500 negative balance
This service will only be available to members who meet eligibility requirements.
$30
Returned Non-Sufficient Funds (NSF) checks $30
 
Returned / Deposited Item:
Written on themselves $30
Received from non-member $10
Received from another member No charge
 
Stop payment order:
Single check or series of checks $30
Check/Debit card POS stop order $30
 
Photocopy or off-site inquiry per copy $2
Foreign check currency conversions $1

Electronic Funds Transfers Fees

Including automated funds transfers and vendor payments set up through the Federal Reserve’s Automated Clearing House (ACH)

Member requested ACH stop/return
- Requires an affidavit signed by member
- Applied each time a vendor withdrawal is attempted
$30
ACH Non-sufficient funds (NSF):
Overdraft transfer notification $1.50
NSF ACH not covered by transfer $30

Wire Transfer Fees

Incoming wire No Charge
Domestic outgoing wire $15

Business Accounts/Checking

See separate Business Account Fee Schedule

Online BillPay Services

Standard Bill-pay Service No Charge
Account-to-Account Transfer (w-other institutions) $1.00
Same Day Bill Pay $9.95
Overnight Checks $15.95

Mobile Banking Services

First 100 texts per month No Charge
After 100 texts per month $.05 each

ATM / Debit Card Fees

- Highmark subscribes to the CO-OP & MoneyPass ATM system.

Application and initial order No Charge
Reorder or Lost Card $5
Foreign / International Transaction Fee 1% of each transaction in US Dollars
 
Fee per ATM transaction, CO-OP & MoneyPass Network at participating locations:
First eight per month No Charge
Over eight per month $2.00 each
Use of ATM outside of Network $2.00 each
 
Fee per Domestic Debit transaction None
Monthly service charge None
Overdraft transfer notification $1.50
 
Non-sufficient funds (NSF) withdrawals*
Up to $500 negative balance $30 per transaction
Over $500 negative balance Revocation of card plus $30 per transaction

*This service is subject to eligibility requirements.

VISA® Credit Card

Foreign / International Transaction fee 1% of each transaction in US dollars
Document Copy Fee $5
Rush Fee $30
Emergency Card Replacement Fee $30
Card Replacement Fee $5

Cashier’s Checks and Money Orders

Credit Union Checks $5
Money Orders $3
Stop Payment on lost or stolen CU checks
- Requires an affidavit signed by member
$30
Stale-dated credit union checks $15 per month

Other service fees

CPI (Collateral Protection Insurance) Processing Fee $35
Counter Checks (Qty of 8) $5
Address Correction/Return Mail/No Address $5 quarterly
Early withdrawal (Summer Savings) $25
Early withdrawal (Christmas Club) $5
Account research $20/hour ($10 minimum)
Checkbook/account reconciliation $20/hour ($10 minimum)
Account statement printout $1 per sheet
Notary service: members only
- Limited to one (1) per day
No Charge
Payment-by-phone checks for credit cards No Charge
All other payment-by-phone checks $15
Loan payment deferral $30
NSF Return Credit Card Payment $30
NSF Return Loan Payment $30
Title handling fee/perfection of title $10
Photo copies $.25 per page
Incoming FAX $1 per page
Outgoing FAX (non international faxes): First page $1
Each additional page $.50
Check cashing per transaction
(No fee if under age 19 or have $200 on deposit or $200 loan balance)
$5
Regulation D limits to electronic transfers
In excess of six
$5
Incoming Collection Item $15
Outgoing Collection Item $15
Live telephone transfers/inquiries $2
Written Verifications of deposit $5
Compliance with Garnishment/Levy/Legal order $25
IRA unqualified withdrawal (under age 59½) $10
Mortgage Payoff Statement $10
Dormant Account Escheat Fee $20

Safe Deposit Box Annual Fee

3 x 10 Box $20
5 x 10 Box $50
10 x 10 Box $70
Key Deposit $25
Replacement Lock (one key lost) $45
Replacement Lock (both keys lost) $125
Late Fee (of Annual Rental Fee) $5

Privacy Policy

What does Highmark Federal Credit Union do with your personal information?

Why?
Financial companies choose how they share 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 income
  • Account balances and payment history
  • Credit history and credit scores
How?
All financial companies need to share member personal information to run their everyday business. In the section below, we list the reasons financial companies can share their member's personal information; the reasons that Highmark Federal Credit Union chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information Does Highmark Federal CU Share? Can you limit this sharing?
For our everyday business purpose - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. Yes No
For our marketing purposes - to offer our products and services to you. Yes Yes
For joint marketing with other financial companies. Yes Yes
For our affiliates' everyday business purpose - information about your transactions and experiences. Yes No
For our affiliates' everyday business purpose - information about your credit worthiness. Yes No
For our affiliates to market to you. Yes Yes
For our non-affiliates to market to you. No N/A

Questions?

Call 605-716-4444

Who we are
Who is providing this notice? Highmark Federal Credit Union
What we do
How does Highmark Federal Credit Union 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 Highmark Federal Credit Union collect my personal information?

We collect your personal information, for example, when you:

  • Open an account or deposit money
  • Pay your bills or apply for a loan
  • Use your credit or debit card We also collect your personal information for others, such as credit bureaus, affiliates, or 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.
Definitions
Affiliates Companies related by common ownership or control. They can be financial and nonfinancial companies.
Nonaffiliates Companies not related by common ownership or control. They can be financial and nonfinancial companies.
Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
Other important information
For more information on our Privacy Policy, you may write us at 725 5th Street, Rapid City, SD 57701, call us at 605-716-4444. (Updated 1/21/2015)

Website Disclosure

Product offers, rates, terms, and other information provided herein are subject to change without notice. Due to occasional inaccessibility to our website, Highmark Federal Credit Union cannot guarantee the completeness or accuracy of the information provided herein. Information is provided for your convenience and enjoyment. We cannot guarantee all rates to be accurate. You may request Highmark Federal Credit Union documentation or verify current offers by calling 800-672-6365.

Discretionary Courtesy Pay

It is the policy of Highmark Federal Credit Union to comply with all applicable laws and regulations and to conduct business in accordance with applicable safety and soundness standards.

The Deposit Account Agreement and Disclosure provided to you at the time you opened your account with us controls the duties, obligations and rights of the Depositor, the Authorized Signatories, and Highmark Federal Credit Union with regard to your checking account.  The Deposit Account Agreement (and all amendments thereto) and its terms shall control any possible conflict, if any, between any provision of this Discretionary Courtesy Pay Policy and the Deposit Account Agreement and Disclosure.  A copy of the Deposit Account Agreement and Disclosure is available to you on request from your Highmark Federal Credit Union officer.

Courtesy Pay is not a line of credit.  However, if you inadvertently overdraw your account, we will have the discretion to pay the overdraft, subject to the limit of your Courtesy Pay and the amount of the overdraft fee.  Highmark Federal Credit Union is not obligated to pay any item presented for payment if your account does not contain sufficient available funds.  Any discretionary payment by Highmark Federal Credit Union of an overdraft check (or items, such as ATM withdrawals) does not obligate Highmark Federal Credit Union to pay any other overdraft check (or item), or to provide prior notice of its decision to refuse to pay such check (or item). 

Pursuant to Highmark Federal Credit Union’s commitment to always provide you with the best level of service, now and in the future, if your checking account has been open for at least thirty (30) days, and thereafter you maintain your account in good standing, which includes at least:

  1. Bringing your account to a positive balance within every thirty (30) day period for a minimum period of 24 hours;
  2. Not being in default on any loan or other obligation to Highmark Federal Credit Union and
  3. Not being subject to any legal or administrative order or levy,

Highmark Federal Credit Union will have the discretion to pay overdrafts within the Courtesy Pay limits, but payment by Highmark Federal Credit Union is a discretionary courtesy and not a right of the accountholder or an obligation of Highmark Federal Credit Union.  This privilege for checking accounts will generally be limited to a maximum of $500.00 overdraft (negative) balance.  Of course, any and all fees and charges, including without limitation the non-sufficient funds fees (as set forth in our fee schedules and deposit account agreement and disclosure), will be included as part of this maximum amount.  It may be possible that your account will become overdrawn in excess of the Courtesy Pay amount as a result of the assessment of a fee.

The total of the discretionary Courtesy Pay (negative) balance, which includes any and all fees and charges, including all non-sufficient funds/overdraft fees is due and payable upon demand, and Depositor and each Authorized Signatory will continue to be liable, jointly and severally, for all such amounts, as described in the Deposit Account Agreement and Disclosure.  Our standard Overdraft fee of $30 will be imposed for overdrafts created by checks, ACH, ATM withdrawals, everyday debit card transactions, in-person withdrawals, or by other electronic means.  If your account balance remains overdrawn for longer than 7 days, we will charge your account a daily overdraft fee of $2 for each of the consecutive business days the account remains overdrawn, beginning with day 8.  Transactions may not be processed in the order in which they occurred, and the order in which transactions are received and processed may impact the total amount of fees incurred.

While Highmark Federal Credit Union will have the discretion to pay overdrafts on accounts in good standing (as described above), any such payment is a discretionary courtesy, and not a right of the accountholder or an obligation of Highmark Federal Credit Union and Highmark Federal Credit Union in its sole and absolute discretion, can cease paying overdrafts at any time without prior notice of reason or cause. 

For our consumer accountholders Highmark Federal Credit Union will not pay overdrafts for ATM or everyday debit card transactions after August 15, 2010 unless Highmark Federal Credit Union has provided you with the notice required by section 205.17(b) of Regulation E and you have opted in to the payment of these overdrafts.  In order to avoid overdrafts due to ATM and everyday debit card transactions, Highmark Federal Credit Union will place a hold on your account for any ATM or everyday debit card transaction authorized until the transaction settles.  ATM and everyday debit card transactions usually settle within two business days after the transaction is authorized.  The amount of the hold will be for the amount authorized, or as permitted under applicable payment network rules.  Holds on authorized ATM and everyday debit card transactions will be removed prior to settlement where required by applicable payment network rules. 

For both consumer and commercial accounts, you may opt out of the Courtesy Pay services for check, ACH and debit card bill payment transactions at any time by contacting one of our Account Services Representatives.