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ALERT
For the safety and security of our members and MCU team, please note that the hours of operation for the South Bronx Branch ATM lobby located at 560 Courtlandt Avenue Bronx, NY have recently been updated.

For the most current hours and to locate a nearby Branch/ATM, please visit our Branch/ATM locator tool.

 

 

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    Service Charge

    A fee charged by a credit issuer or financial institution for processing transactions, usually added onto the total cost paid by a customer.

    More Details

    A service charge is a fee that is assessed for a specific service or benefit provided by a company or organization. Service charges can be one-time fees or recurring fees, and they may be mandatory or optional.

    Example

    As a credit union member, you may be charged a service charge for certain services or benefits that you receive from the credit union, such as using an out-of-network ATM or exceeding the number of allowed transactions. Some service charges may be waived by maintaining a minimum balance or enrolling in certain account features. It is important to review the terms and conditions of your credit union account to understand what service charges may apply.

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