Disclosure Supplement

Delta Community Credit Union
P.O. Box 20541
Atlanta, GA 30320-2541
Effective Date 10/1/24

This Disclosure Supplement is incorporated into and becomes part of your Member/Savings Services Disclosures and Agreements. The Disclosure Supplement discloses the account rates, current fees and terms on deposit accounts.

Account Rate Schedule

Free Checking

Tier RangeProspective Dividend RateProspective Annual Percentage Yield
$0 – 4,999.990.000%0.00%
Tier Range:
$0 – 4,999.99
Prospective Dividend Rate:
0.000
Prospective Annual Percentage Yield:
0.00%
$5,000.00 – 24,999.990.000%0.00%
Tier Range:
$5,000.00 – 24,999.99
Prospective Dividend Rate:
0.010
Prospective Annual Percentage Yield:
0.01%
$25,000.00 >0.000%0.00%
Tier Range:
$25,000.00 >
Prospective Dividend Rate:
0.020
Prospective Annual Percentage Yield:
0.02%

Type of Rate: Variable
Minimum Opening Deposit/Minimum Balance: None
Minimum Balance to Earn Dividends: $5,000.00
Balance Method: Average Daily Balance

This checking account will no longer earn interest/dividends effective February 1, 2024.

Savings

Tier RangeProspective Dividend RateProspective Annual Percentage Yield
$0 – 499.990.250%0.25%
Tier Range:
$0 – 499.99
Prospective Dividend Rate:
0.250
Prospective Annual Percentage Yield:
0.25%
$500.00 – 9,999.990.250%0.25%
Tier Range:
$500.00 – 9,999.99
Prospective Dividend Rate:
0.250
Prospective Annual Percentage Yield:
0.25%
$10,000.00 – 24,999.990.250%0.25%
Tier Range:
$10,000.00 – 24,999.99
Prospective Dividend Rate:
0.250
Prospective Annual Percentage Yield:
0.25%
$25,000.00 – 49,999.990.250%0.25%
Tier Range:
$25,000.00 – 49,999.99
Prospective Dividend Rate:
0.250
Prospective Annual Percentage Yield:
0.25%
$50,000.00 – 99,999.990.250%0.25%
Tier Range:
$50,000.00 – 99,999.99
Prospective Dividend Rate:
0.250
Prospective Annual Percentage Yield:
0.25%
$100,000.00 >0.250%0.25%
Tier Range:
$100,000.00 >
Prospective Dividend Rate:
0.250
Prospective Annual Percentage Yield:
0.25%

Type of Rate: Variable
Minimum Opening Deposit: $5.00
Minimum Balance: $5.00
Balance Method: Average Daily Balance

IRA or Coverdell Education Savings

Tier RangeProspective Dividend RateProspective Annual Percentage Yield
$0 – 499.990.300%0.30%
Tier Range:
$0 – 499.99
Prospective Dividend Rate:
0.349
Prospective Annual Percentage Yield:
0.35%
$500.00 – 9,999.990.300%0.30%
Tier Range:
$500.00 – 9,999.99
Prospective Dividend Rate:
0.349
Prospective Annual Percentage Yield:
0.35%
$10,000.00 – 24,999.990.349%0.35%
Tier Range:
$10,000.00 – 24,999.99
Prospective Dividend Rate:
0.399
Prospective Annual Percentage Yield:
0.40%
$25,000.00 – 49,999.990.399%0.40%
Tier Range:
$25,000.00 – 49,999.99
Prospective Dividend Rate:
0.449
Prospective Annual Percentage Yield:
0.45%
$50,000.00 – 99,999.990.598%0.60%
Tier Range:
$50,000.00 – 99,999.99
Prospective Dividend Rate:
0.648
Prospective Annual Percentage Yield:
0.65%
$100,000.00 – 249,999.990.747%0.75%
Tier Range:
$100,000.00 – 249,999.99
Prospective Dividend Rate:
0.747
Prospective Annual Percentage Yield:
0.75%
$250,000.00 – 499,999.990.847%0.85%
Tier Range:
$250,000.00 – 499,999.99 >
Prospective Dividend Rate:
0.847
Prospective Annual Percentage Yield:
0.85%
$500,000.00 – 999,999.991.243%1.25%
Tier Range:
$500,000.00 – 999,999.99 >
Prospective Dividend Rate:
1.243
Prospective Annual Percentage Yield:
1.25%
$1,000,000.00 >1.982%2.00%
Tier Range:
$1,000,000.00 >
Prospective Dividend Rate:
1.982
Prospective Annual Percentage Yield:
2.00%

Type of Rate: Variable
Minimum Opening Deposit: None
Minimum Balance: $0.00
Balance Method: Average Daily Balance

Account Fee Schedule

Free Checking Account

Fee NameFee Amount
Foreign Card Fee
The Foreign Card Fee is assessed for any card transaction in a foreign currency or completed outside of the U.S., including internet transactions initiated in the U.S. with a merchant who processes the transaction in a foreign country.
1% foreign transactionForeign Card Fee: 1% foreign transaction
Foreign Check Fee1.5% of final exchange amount, minimum $30, maximum $500 Foreign Check Fee: 1.5% of final exchange amount, minimum $20 (minimum $30, maximum $500 effective September 4, 2024)
Rush Delivery Fee (Bill Pay ACH)$15.00Rush Delivery Fee (Bill Pay ACH): $9.95 ($15.00 effective September 4, 2024)
Rush Delivery Fee$15.00 Weekday, $30.00 SaturdayRush Delivery Fee: $15.00 Weekday, $30.00 Saturday
Domestic Wire Transfer$25.00 per transfer out Domestic Wire transfer: $20.00 per transfer out
International Wire Transfer$50.00 per outgoing transfer International Wire Transfer: $40.00 per outgoing transfer ($50.00 effective September 4, 2024)
Non-Sufficient Funds (NSF) Fees per calendar year, includes ACHs and Zelle transactions

Note that you may be charged an NSF fee each time a check or ACH is presented to us, even if it was previously submitted and rejected.

$15.00 per presentmentNon-Sufficient Funds (NSF) Fees per calendar year, includes ACHs: $15.00 per presentment

Note that you may be charged an NSF fee each time a check or ACH is presented to us, even if it was previously submitted and rejected.

Official Check Withdrawal$10.00 Official Check Withdrawal: $5.00 ($10.00 effective September 4, 2024)
Check Printing Fee(s)Pricing VariesCheck Printing Fee(s): Pricing Varies
Courtesy Pay Fees$25.00 per item paid, including Zelle transactions (not applicable to SpendSafe Checking Account)Courtesy Pay Fees: $25.00 per item paid, including Zelle transactions (not applicable to SpendSafe Checking Account)
Copy of Paid Check, with trace # provided$5.00 per checkCopy of Paid Check, with trace # provided: $5.00 per check
Non-conforming Check$12.00 per itemNon-conforming Check: $12.00 per item
Stop Payment Order (Check/ACH/Bill Pay/Zelle)$28.00 per item Stop Payment Order (Check/ACH/Bill Pay/Zelle): $25.00 per item ($28.00 effective September 4, 2024)
Balancing Checking Account$25.00 per monthBalancing Checking Account: $25.00 per month
Copy of Past Statement$3.00 per statementCopy of Past Statement: $3.00 per statement
Transaction History$5.00 per requestTransaction History: $5.00 per request
Account Research$25.00 per hour; $.30 per page copiedAccount Research: $25.00 per hour; $.30 per copy
Copy of IRS Form$3.00 per formCopy of IRS Form: $3.00 per form
Outgoing Fax$5.00 first 3 pages; $1.00 each additional pageOutgoing Fax: $5.00 first 3 pages; $1.00 each additional page
Money Order$5.00 per itemMoney Order: $5.00 per item
Documentary Evidence Fee$6.00 per itemDocumentary Evidence Fee: $6.00 per item
Overdraft Transfer Fee from Credit Accounts$5.00 for each Overdraft Transfer from loans and Visa®.Overdraft Transfer Fee from Credit Accounts: $5.00 for each Overdraft Transfer from loans and Visa®.
Overdraft Transfer Fee from Deposit Accounts$3.00 for each Overdraft Transfer from a share account (including savings or money market account).Overdraft Transfer Fee from Deposit Accounts: $3.00 for each Overdraft Transfer from a share account (including savings or money market account).
Non-Network ATM Fee$2.00 per withdrawal transaction
Note that you will be charged a Non-Network ATM Fee for each withdrawal transaction made at a non-Delta Community or COOP network ATM, regardless of whether they occur within a single or multiple ATM session.
$2.00 per withdrawal transaction Note that you will be charged a Non-Network ATM Fee for each withdrawal transaction made at a non-Delta Community or COOP network ATM, regardless of whether they occur within a single or multiple ATM session.

Savings Account

Fee NameFee Amount
Foreign Card Fee
The Foreign Card Fee is assessed for any card transaction in a foreign currency or completed outside of the U.S., including internet transactions initiated in the U.S. with a merchant who processes the transaction in a foreign country.
1% foreign transactionForeign Card Fee: 1% foreign transaction
Foreign Check Fee1.5% of final exchange amount, minimum $30, maximum $500 Foreign Check Fee: 1.5% of final exchange amount, minimum $20 (minimum $30, maximum $500 effective September 4, 2024)
Rush Delivery Fee$15 Weekday, $30 SaturdayRush Delivery Fee: $15 Weekday, $30 Saturday
Domestic Wire Transfer$25.00 per transfer out Domestic Wire Transfer: $20.00 per transfer out ($25.00 effective September 4, 2024)
International Wire Transfer$50.00 per transfer out International Wire Transfer: $40.00 per transfer out ($50.00 effective September 4, 2024)
Non-Sufficient Funds (NSF) Fees per calendar year, includes ACHs

Note that you may be charged an NSF fee each time a check or ACH is presented to us, even if it was previously submitted and rejected.

$15.00 per presentmentNon-Sufficient Funds (NSF) Fees per calendar year, includes ACHs: $15.00 per presentment

Note that you may be charged an NSF fee each time a check or ACH is presented to us, even if it was previously submitted and rejected.

Official Check Withdrawal$10.00 per item Official Check Withdrawal: $5.00 per item ($10.00 effective September 4, 2024)
Money Order$5.00 per itemMoney Order: $5.00 per item
Copy of Past Statement$3.00 per statementCopy of Past Statement: $3.00 per statement
Transaction History$5.00 per requestTransaction History: $5.00 per request
Copy of IRS Form$3.00 per formCopy of IRS Form: $3.00 per form
Outgoing Fax$5.00 first 3 pages, $1.00 each additional pageOutgoing Fax: $5.00 first 3 pages, $1.00 each additional page
Court Order Processing Fee$50.00 per order or the maximum allowed by lawCourt Order Processing Fee: $50.00 per order or the maximum allowed by law
Inactive Account Fee$5.00 per month/$0 for account owners < 18 years of ageInactive Account Fee: $5.00 per month/$0 for account owners < 18 years of age
Non-Network ATM Fee$2.00 per withdrawal transaction
Note that you will be charged a Non-Network ATM Fee for each withdrawal transaction made at a non-Delta Community or COOP network ATM, regardless of whether they occur within a single or multiple ATM session.
$2.00 per withdrawal transaction Note that you will be charged a Non-Network ATM Fee for each withdrawal transaction made at a non-Delta Community or COOP network ATM, regardless of whether they occur within a single or multiple ATM session.

Individual Retirement Account

Fee NameFee Amount
Excessive Transfer Fee$25.00 institutional transfer fee if exceeds one free transfer per yearExcessive Transfer Fee: $25.00 institutional transfer fee if exceeds one free transfer per year

 

Account Disclosures

I. Rate Information

Dividend Rate and APY

The prospective dividend rates and annual percentage yields are stated in the Account Rate Schedule.

Variable Rate Accounts

The dividend rate and annual percentage yield may change every dividend period as established from time to time by the Credit Union’s Board of Directors.

Organizational Accounts

Organizational accounts that do not provide an EIN (Employer Identification Number) will not earn dividends.

II. Nature of Dividends

Dividends are paid from current income and available earnings, after required transfers to reserves at the end of the dividend period.

III. Compounding and Crediting

Frequency

Dividends will be compounded and credited monthly. The dividend period is monthly; for example, the beginning of the first dividend period of the calendar year is January 1, and the ending date is January 31. All other dividend periods follow the same pattern of dates. The dividend declaration date is the ending date of the dividend period, for example, January 31.

Effect of Account Closing

If you close your account before dividends are paid, you will be paid the accrued dividends for the period.

IV. Balance Information

Minimum Balance Requirements

Minimum balance requirements for each account are set forth in the Account Rate and Terms Schedule.

Balance Computation Method

Dividends are calculated using the average daily balance method. Under this method, the Credit Union will pay the stated dividend rate that corresponds to the applicable account tier range on the average daily balance for the period. The average daily balance is determined by adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period.

When Dividends Begin to Accrue

Dividends begin to accrue on the business day you make a deposit, whether cash or non-cash, such as checks, to your account.

V. Fees

Fees that may be assessed against your accounts are set forth in the Account Fee Schedule.

Inactive Account – If the total of your combined account balances (deposit and loan) falls below $60, and you have not made any transactions for six (6) months (12 months for a Sandy Savers account) to any of your accounts (deposit and loan), we will classify your account as inactive and may impose an inactive fee. (See Savings Inactive Account in the Account Fee Schedule).

You authorize the Credit Union to transfer funds from any deposit account to cover the fee(s) and close your membership if the balance of all deposit accounts is zero.

VI. Transaction Limitations

Savings Account Limitations

The Credit Union reserves the right to require 60 days prior written notice be provided before any withdrawal of funds is made from the Savings account.

The Savings account is restricted from the Online Bill Pay and Online Deposit products used within Online Banking.

IRA Account Limitations

Transactions are subject to Form 5305A and 5305RA under Section 408(a) of the Internal Revenue Code.


Delta Community Credit Union’s Annual Meeting will be held March 11, 2024 at 4:30 p.m. ET in the Delta Community Conference Center (3300 Riverwood Parkway, Suite 100, Atlanta, GA 30339). The Board of Directors election procedures can be viewed at DeltaCommunityCU.com.

Federally insured by NCUA