Fees published

Fees on this page come from the institution's own published fee schedule. Benchmark scores use only fees that cleared review.

Community credit union, $300M to $1B

Preferred Federal Credit Union

Grand Rapids, MichiganCredit UnionChicago Fed districtFees collected Oct 5, 2026Financials Q2 2026

Website Published fee schedule

Published fees

Published fees power benchmarks; fees under review do not.

vs. U.S. typical range:LowerTypicalHigher

Account MaintenanceVerified

Fresh Start Checking Monthly service charge$10Within the typical range ($4–$10 nationally)

$4 above the national median$3.75 above the Michigan median

Christmas Club Early Withdrawal Fee$10

$7.50 below the national medianAt the Michigan median

per item · Source

Dormant Account Fee (24 months with no activity)$15

$10 above the national median$10 above the Michigan median

per month · Source

Account Research Fee$20

$2.50 above the national median$1.25 above the Michigan median

Source

Overdraft & NSFVerified

Courtesy Pay Fee$30Within the typical range ($25–$33 nationally)
At the national median$1 above the Michigan median
per item · Source
Non-Sufficient Funds Fee$30Within the typical range ($25–$32 nationally)
At the national median$1 above the Michigan median
per item · Source
Overdraft Transfer Fee$5Within the typical range ($2.50–$5 nationally)
At the national median$1.50 above the Michigan median
per item · Source

ATM & CardVerified

Plastic Card Replacement Fee$5Within the typical range ($5–$10 nationally)
$5 below the national median$2.50 below the Michigan median
per item · Source
Plastic Card Rush Fee$35Within the typical range ($30–$50 nationally)
$5 below the national medianAt the Michigan median
per item · Source

Wire TransfersVerified

Outgoing Wire Transfer Fee$15Below the typical range ($20–$25 nationally)
$10 below the national median$10 below the Michigan median
Source

Check ServicesVerified

Official/Cashiers Check$3Within the typical range ($3–$6 nationally)
$2 below the national medianAt the Michigan median
per item · Source
Money Order$1Below the typical range ($1.50–$3 nationally)
$1 below the national median$1 below the Michigan median
per item · Source
Stop Payment Fee$30Within the typical range ($20–$30 nationally)
$2.50 above the national median$3 above the Michigan median
per item · Source
Temporary Checks$5Above the typical range ($1–$4 nationally)
$3 above the national median$3 above the Michigan median
per item · 12 checks · Institution’s schedule
Check Copy (free online)$5Within the typical range ($2–$5 nationally)
$2 above the national median$1.50 above the Michigan median
per item · Source

Digital & ElectronicVerified

Bill Pay$0Within the typical range ($0–$9.95 nationally)
$2.50 below the national median$3 below the Michigan median
Source

Cash & DepositVerified

Deposit Item Return Fee$30Above the typical range ($8–$25 nationally)
$15 above the national median$15 above the Michigan median
per item · Source

Account ServicesVerified

Garnishment/Levy/Subpoena$50Within the typical range ($30–$90 nationally)
At the national medianAt the Michigan median
per item · Source
Legal Processing Fee$75Within the typical range ($30–$100 nationally)
$25 above the national median$27.50 above the Michigan median
Source
Account Verification Fee$10Within the typical range ($5–$15 nationally)
At the national medianAt the Michigan median
Source

Retirement & IRAVerified

IRA Transfer/Rollover Fee$20Below the typical range ($25–$35 nationally)
$5 below the national median$5 below the Michigan median
Source

Gift & Prepaid CardsVerified

Visa Gift Card or Reloadable Debit Card$5.95Above the typical range ($3–$4.95 nationally)
$2.45 above the national median$1.95 above the Michigan median
per item · Source

Other FeesVerified

Loan Extension Fee$35Within the typical range ($25–$100 nationally)
$2.50 below the national median$6.25 below the Michigan median
Source

Swipe for source and notes →

Fee	Amount	vs medians	Basis	Note	Source
Account MaintenanceVerified
Fresh Start Checking Monthly service charge	$10Within the typical range ($4–$10 nationally)	$4 above the national median$3.75 above the Michigan median	per month	—	Source
Christmas Club Early Withdrawal Fee	$10Within the typical range ($10–$25 nationally)	$7.50 below the national medianAt the Michigan median	per item	—	Source
Dormant Account Fee (24 months with no activity)	$15Above the typical range ($5–$10 nationally)	$10 above the national median$10 above the Michigan median	per month	—	Source
Account Research Fee	$20Within the typical range ($11–$25 nationally)	$2.50 above the national median$1.25 above the Michigan median	—	—	Source
Overdraft & NSFVerified
Courtesy Pay Fee	$30Within the typical range ($25–$33 nationally)	At the national median$1 above the Michigan median	per item	—	Source
Non-Sufficient Funds Fee	$30
ATM & CardVerified
Plastic Card Replacement Fee	$5Within the typical range ($5–$10 nationally)	$5 below the national median$2.50 below the Michigan median	per item	—	Source
Plastic Card Rush Fee	$35
Wire TransfersVerified
Outgoing Wire Transfer Fee	$15Below the typical range ($20–$25 nationally)	$10 below the national median$10 below the Michigan median	—	—	Source
Check ServicesVerified
Official/Cashiers Check	$3Within the typical range ($3–$6 nationally)	$2 below the national medianAt the Michigan median	per item	—	Source
Money Order	$1
Digital & ElectronicVerified
Bill Pay	$0Within the typical range ($0–$9.95 nationally)	$2.50 below the national median$3 below the Michigan median	—	—	Source
Cash & DepositVerified
Deposit Item Return Fee	$30Above the typical range ($8–$25 nationally)	$15 above the national median$15 above the Michigan median	per item	—	Source
Account ServicesVerified
Garnishment/Levy/Subpoena	$50Within the typical range ($30–$90 nationally)	At the national medianAt the Michigan median	per item	—	Source
Legal Processing Fee	$75
Retirement & IRAVerified
IRA Transfer/Rollover Fee	$20Below the typical range ($25–$35 nationally)	$5 below the national median$5 below the Michigan median	—	—	Source
Gift & Prepaid CardsVerified
Visa Gift Card or Reloadable Debit Card	$5.95Above the typical range ($3–$4.95 nationally)	$2.45 above the national median$1.95 above the Michigan median	per item	—	Source
Other FeesVerified
Loan Extension Fee	$35Within the typical range ($25–$100 nationally)	$2.50 below the national median$6.25 below the Michigan median	—	—	Source

Against Michigan credit unions

Overdraft
$30.00
Of 78 others that publish it, 44 lower, 23 the same and 11 higher.
Monthly maintenance
$10.00
Of 28 others that publish it, 22 lower, 5 the same and 1 higher.

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Headline fees vs. national median

How the headline fees compare

Each figure below is the published fee set against the national median. The commissioned report benchmarks every fee against a verified peer set instead.

Overdraft

$30

Overdraft fee: $30

Overdraft fee is aligned with the national median

23 verified fees collected

Headline fees published

9 of 15

Published fees

Under review

Assets

$318.1M

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Financial Context

Size and fee revenue

Financials as of Q2 2026 · NCUA call report

Total assets

$318.1M

Total deposits

$270.6M

Service charge income (year to date)

$1.3M

Fee income ratio

13.1%

Return on assets

1.11%

Financial profile · Pro

Performance from regulator filings

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