Truth-in-Savings Account Disclosure

  • Basic Checking Account
  • Premier Checking Account
  • Disclosure of Interest and Fees

Initial Deposit Requirements

Basic Checking – no minimum required
Premier Checking – minimum of $500 to open and maintain this account


The following products and services are offered free of charge.

  • Routine/regularly scheduled electronic deposits originated by Leyden Credit Union using the Automated Clearing House (ACH) system
  • Financial Institution Wires from another Financial Institution into Leyden Credit Union
  • Point of Sale transactions using the Leyden Credit Union Visa Debit Card
  • Online images of paper checks that have cleared Leyden Credit Union within the last ninety days

The following services may cause a fee to be assessed to your account.

  • Under minimum balance in Premier Checking: $5 per month
  • Financial Institution Wires from Leyden Credit Union to another Financial Institution: Fees vary
  • Monthly User Fee for Basic Checking without direct deposit : $2.00 per month
  • Request to Reconcile Statement: $20 per hour with minimum of 1 hour
  • Non-Sufficient Funds Charges: $30.00 per paper check
  • Account Closure by credit union for misuse: $25.00
  • Stop payments: $25.00 per paper check. If you make payments electronically, there is no charge for editing pending payments.
  • Overdraft protection: $5.00 per overdraft. Transfers will be made for the exact amount needed
  • Paper copies of account statements: $1.00 per page.
  • Paper copies of checks: $3.00 each up to 5; $1 each after 5 plus document retrieval fee of $5.

Interest Rate Information

No interest will be paid on the Basic Checking account. Interest is paid on balances maintained in Preferred Checking.

Electronic Funds Transfer Limitations

There are limits on the dollar amount of cash withdrawals you can make using Automated Teller Machines, and you will be informed of these limits when you receive your card.


2701 N 25th Avenue Franklin Park, IL 60131 Call 847-455-8440 Fax 847-455-1245 Contact Us