Preferred Federal Credit Union

Headquarters: Grand Rapids, Michigan
Charter: Credit Union
Assets: $318.1M
Fed district: Chicago
Regulator: NCUA

23 published fees; none has a market median to compare yet.

Source: its fee schedule, read Nov 4, 2026.

Overview

Total assets
Q2 2026, quarter end
NCUA 5300 call report · Jun 30, 2026
Revenue
Q2 2026, one quarter
NCUA 5300 call report · Jun 30, 2026
Fee income
Q2 2026, one quarter
NCUA 5300 call report · Jun 30, 2026
Fee-income share of revenue
Not available
Peer figures could not be read
Not on file
Fees above the U.S. median
None compared
No fee has a median to compare
Fee schedule read Nov 4, 2026

How these figures are measured

Call-report figures are for Preferred Federal Credit Union, from NCUA 5300 call reports. Revenue is interest income plus noninterest income.

Metric	Measure and calculation	Source and fields	Period	Retrieved
Total assets	Total assets at quarter end Point in time, at quarter end	NCUA 5300 call report Account 010	Q2 2026 Quarter ended Jun 30, 2026	Oct 20, 2026
Revenue	Revenue (interest + noninterest income) Standalone quarter: year to date less the prior quarter (Q1 as filed)	NCUA 5300 call report Account 115 + Account 117	Q2 2026 Quarter ended Jun 30, 2026	Oct 20, 2026
Fee income	Fee income (NCUA 5300 Account 131) Standalone quarter: year to date less the prior quarter (Q1 as filed)	NCUA 5300 call report Account 131	Q2 2026 Quarter ended Jun 30, 2026	Oct 20, 2026
Fee-income share of revenue	Fee income (NCUA 5300 Account 131) divided by revenue (interest + noninterest income) Shown when at least 10 credit unions of its size report a share above 0%.	Not on file	Not on file	Not recorded
Fees above the U.S. median	Published fees above the U.S. median for the same fee Within 1% of the median counts as about the same. Business-only fees are left out.	Preferred Federal Credit Union's published fee schedule; Bank Fee Index medians	Current schedule	Nov 4, 2026

Fee income by quarter

Q1 2024 to Q2 2026, standalone quarters

Details

Source: NCUA 5300 call report
Entity: Preferred Federal Credit Union (credit union)
Period: Q1 2024 to Q2 2026, 10 quarters
Measure: Fee income (NCUA 5300 Account 131)
Calculation: Standalone quarter: year to date less the prior quarter (Q1 as filed)
Fields: Account 131
Retrieved: Oct 20, 2026

What stands out

Fee income was $690K in Q2 2026, about level with the same quarter a year earlier ($687K).
Not established: Two quarters a year apart are two observations, not an established trend in fee income.

Fees against the market

Comparison with U.S. medians for fees published by banks and credit unions.

Monthly Maintenance
Fresh Start Checking
Preferred Federal Credit Union: $10
Preferred Federal Credit Union: $10
U.S. median: no median
Overdraft (OD)
Preferred Federal Credit Union: $30
Preferred Federal Credit Union: $30
U.S. median: no median
NSF / Returned Item
Preferred Federal Credit Union: $30
Preferred Federal Credit Union: $30
U.S. median: no median

A blank median means fewer than 5 publish the fee.

Published schedulesBanks and credit unionsRead Nov 4, 2026View sources

Each amount links to the fee schedule it was read from. Medians for Michigan, the Chicago district and the U.S.: Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

Compared at: The value this page compares: its one price, or the middle of its prices when it lists several (the highest, its standard fee, for overdraft).
Same rules: Its fees and every median use the same rules. Business-only fees are left out. So are CD, IRA, card inactivity, box drilling and key fees filed under a fee they don’t match, and fees charged by a different period than the median (a quarterly fee beside monthly ones).
Michigan: Banks and credit unions headquartered in Michigan that publish the fee.
Chicago district: Banks and credit unions headquartered in the Chicago Fed district that publish the fee.
U.S.: Banks and credit unions across the Bank Fee Index that publish the fee.
About the same: Within 1% of the median.
Account: Fees not tied to a named account apply across its personal accounts.

Fee income beside fee prices

Fee income fell 11% from Q3 2025 to Q2 2026, to $690K.

Fee income, Q2 2026

$690K

$773KQ3 2025

$702KQ4 2025

$643KQ1 2026

$690KQ2 2026

Against the median

Preferred Federal Credit UnionMedian

Sources and open questions

NCUA 5300 call reports, credit union level, standalone quarters. Four quarters are too few to call a trend.

Which fees make up most of fee income, and has that mix changed?

Among its peers

Preferred Federal Credit Union · $318M in assets

The 25 credit unions closest in assets

Credit unions of similar size, for comparing published prices. Not local competitors: they're spread over 18 states.

Credit unions only
$308M to $328M in assets
Headquartered in 18 states

See the 25 institutions

The institutions in this peer set, with the fees each publishes
Institution	City, state	Assets	Maintenance	ATM	Domestic wire	Intl. wire	Overdraft
Preferred Federal Credit Union(this institution)	Grand Rapids, MI	$318M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
360 Federal Credit Union	Windsor Locks, CT	$324M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
Access Federal Credit Union	Clinton, NY	$320M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Dannemora Federal Credit Union	Plattsburgh, NY	$320M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
Downey Federal Credit Union	Downey, CA	$328M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Overdraft not published
Evolve Federal Credit Union	El Paso, TX	$323M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	International wire not published	Publishes Overdraft
Fall River Municipal Federal Credit Union	Fall River, MA	$316M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
Glass City Federal Credit Union	Maumee, OH	$326M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Harvesters Federal Credit Union	Cantonment, FL	$317M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Intrepid Federal Credit Union	Helena, MT	$311M	Monthly maintenance not published	Publishes Out-of-network ATM	Domestic wire not published	International wire not published	Publishes Overdraft
Lookout Federal Credit Union	Pocatello, ID	$314M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Members1St Community Federal Credit Union	Marshalltown, IA	$311M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Nebraska Energy Federal Credit Union	Columbus, NE	$328M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
Northwest Plus Federal Credit Union	Everett, WA	$315M	Monthly maintenance not published	Out-of-network ATM not published	Domestic wire not published	International wire not published	Publishes Overdraft
Oc Federal Credit Union	Garfield Hts, OH	$315M	Publishes Monthly maintenance	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Publishes Overdraft
Pacific N W Federal Credit Union	Portland, OR	$317M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	Publishes International wire	Overdraft not published
People'S Alliance Federal Credit Union	Hauppauge, NY	$322M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Riverfront Federal Credit Union	Wyomissing, PA	$320M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Domestic wire not published	International wire not published	Publishes Overdraft
Riverland Federal Credit Union	New Orleans, LA	$320M	Monthly maintenance not published	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Santa Barbara Teachers Federal Credit Union	Santa Barbara, CA	$308M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	International wire not published	Overdraft not published
Secny Federal Credit Union	Syracuse, NY	$323M	Monthly maintenance not published	Out-of-network ATM not published	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Soo Co-Op Federal Credit Union	Sault Sainte Marie, MI	$324M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	Publishes International wire	Publishes Overdraft
Ume Federal Credit Union	Burbank, CA	$328M	Publishes Monthly maintenance	Out-of-network ATM not published	Domestic wire not published	International wire not published	Overdraft not published
United Teletech Financial Federal Credit Union	Tinton Falls, NJ	$328M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Publishes Domestic wire	International wire not published	Publishes Overdraft
Vacationland Federal Credit Union	Sandusky, OH	$327M	Publishes Monthly maintenance	Publishes Out-of-network ATM	Domestic wire not published	International wire not published	Overdraft not published
Vapr Federal Credit Union	San Juan, PR	$316M	Monthly maintenance not published	Publishes Out-of-network ATM	Domestic wire not published	International wire not published	Overdraft not published

✓ publishes the fee. – not published.

25 peers selected · 13 publish this fee(monthly maintenance)

12 don't publish it: shown as not published, never as zero.

Fee type

Peer pricing snapshot

Monthly maintenance is $5 (100%) above the median of similar-sized credit unions.

Its published price is $10, against a peer median of $5 among 13 publishing peers.

This describes published pricing only. Account mix, waivers and actual fee revenue are not represented.

Source: Bank Fee Index, published fee schedules, as of Oct 31, 2026.

Monthly maintenance fee in dollars, one mark per institution

Preferred Federal Credit…Peer (equal prices stack)Peer median

Against this institution's monthly maintenance fee

Hamilton is the Fee Insight workspace for pricing teams.

Source: Bank Fee Index, published fee schedules, as of Oct 31, 2026. Total assets from FDIC and NCUA records.

How peers are chosen and counted

Every set except Home metro keeps the institution's own charter: banks against banks, credit unions against credit unions.
The set shown first is the first in the list with a peer median for each overdraft and monthly maintenance fee this institution publishes. If none has them all, it is the set with the most.
Closest in assets takes the institutions nearest its total assets among those that publish fees.
Home metro is the metro where it has the most branches. It counts the banks with a branch there (FDIC Summary of Deposits) and the credit unions with a branch in one of the metro's cities (NCUA). Banks only leaves the credit unions out.
State and Fed district count institutions headquartered there. Size uses its asset-size band.
Regulator uses the bank's primary federal regulator; for a credit union, its federal or state charter.
A set lists the institutions that publish at least one fee. This institution is not counted in its own set.
Each institution counts once per fee: the middle of its prices, or for overdraft its highest.
A peer median needs at least 8 peers that publish the fee. With fewer, the fee reads "too few to compare".
A fee an institution does not publish is shown as not published, never as zero.
About the same: within 1% of the median, in this section and everywhere on this page. Above or below means further than that.
A set with more than 50 peers shows the 50 closest in assets. Its medians and counts still use every peer in the set.

Financial performance

Call reports for Preferred Federal Credit Union (credit union). Income lines are standalone quarters.

Measure

Fee income

Q3 2024 to Q2 2026, standalone quarters · 66 quarters on file

Latest, Q2 2026: $690K
vs prior quarter: +$47K+7.3%; from Q1 2026
vs a year earlier: +$3K+0.4%; from Q2 2025
vs start of range: −$57K−7.6%; from Q3 2024

Details

Source: NCUA 5300 call report
Entity: Preferred Federal Credit Union (credit union)
Period: Q3 2024 to Q2 2026, 8 quarters
Measure: Fee income (NCUA 5300 Account 131)
Calculation: Standalone quarter: year to date less the prior quarter (Q1 as filed)
Fields: Account 131
Retrieved: Oct 20, 2026

Table

Quarter	Amount	Change	%
Q2 2026	$690K	+$47K	+7.3%
Q1 2026	$643K	−$59K	−8.4%
Q4 2025	$702K	−$71K	−9.2%
Q3 2025	$773K	+$86K	+12.5%
Q2 2025	$687K	+$17K	+2.5%
Q1 2025	$670K	−$39K	−5.5%
Q4 2024	$709K	−$38K	−5.1%
Q3 2024	$747K	+$35K	+4.9%

Fee-income share against its size cohort

Insufficient sample: fewer than 10 peers of its size reported a share.

Published fee schedule

Amounts from Preferred Federal Credit Union’s own schedules, with a source for each figure.

Account Maintenance

Fresh Start Checking Monthly service charge (audience not stated, treated as personal)$10
per month
Membership Closed in Less Than 90 Days Fee$25
Dormant Account Fee (24 months with no activity)$15
per month
Escheatment Fee$50
Account Research Fee$20
Not compared: Charged per hour; comparison unavailable
per hour · Account Research Fee | $20.00/hour
Bad Address Fee$2
per month

Overdraft & NSF

Courtesy Pay Fee$30
per item
Non-Sufficient Funds Fee$30
per item
Overdraft Transfer Fee$5
per item

ATM & Card

Plastic Card Replacement Fee (audience not stated, treated as personal)$5
per item
Plastic Card Rush Fee (audience not stated, treated as personal)$35
per item

Wire Transfers

Outgoing Wire Transfer Fee$15

Check Services

Official/Cashiers Check$3
per item
Money Order$1
per item
Stop Payment Fee$30
per item
Temporary Checks$5
per item · 12 checks
Check Copy (free online)$5
per item

Digital & Electronic

Bill Pay (audience not stated, treated as personal)No charge

Cash & Deposit

Deposit Item Return Fee$30
per item

Account Services

Garnishment/Levy/Subpoena$50
per item
Legal Processing Fee$75
Account Verification Fee$10

Retirement & IRA

IRA Transfer/Rollover Fee$20

Gift & Prepaid Cards

Visa Gift Card or Reloadable Debit Card (audience not stated, treated as personal)$5.95
per item

Other Fees

Fax Service (restrictions apply – same area code only)$1
Not compared: Charged per page; comparison unavailable
per page · Fax Service (restrictions apply – same area code only) | $1.00/page
Loan Extension Fee$35

Fee	Amount	Basis	Note
Account Maintenance
Fresh Start Checking Monthly service charge (audience not stated, treated as personal)	$10	per month	None
Membership Closed in Less Than 90 Days Fee	$25	Not stated	None
Dormant Account Fee (24 months with no activity)	$15	per month	None
Escheatment Fee	$50	Not stated	None
Account Research Fee	$20Not compared: Charged per hour; comparison unavailable	per hour	Account Research Fee \| $20.00/hour
Bad Address Fee	$2	per month	None
Overdraft & NSF
Courtesy Pay Fee	$30	per item	None
Non-Sufficient Funds Fee	$30	per item	None
Overdraft Transfer Fee	$5	per item	None
ATM & Card
Plastic Card Replacement Fee (audience not stated, treated as personal)	$5	per item	None
Plastic Card Rush Fee (audience not stated, treated as personal)	$35	per item	None
Wire Transfers
Outgoing Wire Transfer Fee	$15	Not stated	None
Check Services
Official/Cashiers Check	$3	per item	None
Money Order	$1	per item	None
Stop Payment Fee	$30	per item	None
Temporary Checks	$5	per item	12 checks
Check Copy (free online)	$5	per item	None
Digital & Electronic
Bill Pay (audience not stated, treated as personal)	No charge	Not stated	None
Cash & Deposit
Deposit Item Return Fee	$30	per item	None
Account Services
Garnishment/Levy/Subpoena	$50	per item	None
Legal Processing Fee	$75	Not stated	None
Account Verification Fee	$10	Not stated	None
Retirement & IRA
IRA Transfer/Rollover Fee	$20	Not stated	None
Gift & Prepaid Cards
Visa Gift Card or Reloadable Debit Card (audience not stated, treated as personal)	$5.95	per item	None
Other Fees
Fax Service (restrictions apply – same area code only)	$1Not compared: Charged per page; comparison unavailable	per page	Fax Service (restrictions apply – same area code only) \| $1.00/page
Loan Extension Fee	$35	Not stated	None

Audience not stated on the bank’s schedule; treated as personal. Fees may differ for business or commercial accounts. How audience is decided

Correct a fee source

Nov 4, 2026 data snapshot. Each amount links to its fee schedule. The U.S. comparison is the middle 50% of Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

Fee change alerts

Get an email when Preferred Federal Credit Union's foreign transaction changes in our data

We check once a day and send one email covering every change.