How to Avoid Fees

How to Avoid Fees
Keep the following tips in mind when managing your accounts to avoid most Jersey Shore fees.

Avoid a Low Balance Fee:

  • Most banks require a minimum balance on all accounts. At Jersey Shore, we ask that you only maintain a monthly aggregate average daily balance of all accounts combined (i.e., savings, checking, club, IRA and/or money market) of at least $300.
  • You only need $25 in your share account to have low balance fees waived for the following:
    • Members 25 years of age or younger
    • Accounts with open loans or a Jersey Shore Credit Card
    • Accounts with an open share certificate
    • Individuals who have used their Jersey Shore Federal Credit Union debit card at least 10 times during a calendar month using the credit (swipe and sign) option

Avoid Dormant Account Fees:

Conduct at least one transaction a year to keep your accounts out of dormancy.

Avoid Statement Fees:

Enroll in electronic statements to avoid a paper statement fee. Our Prime Tide (age 60 and over with direct deposit), Little Stars Youth Club, and MyShore Teen Club members are exempt from this fee.

Avoid Overdraft and NSF Fees:

  • Use Online/Mobile Banking or a check register to keep track of your account.
  • Use overdraft protection from savings or apply for a Line-Of-Credit. An overdraft transfer fee and a day or two of interest on a Line-Of-Credit are much less expensive than an overdraft or NSF fee.
  • Be aware of pending debit card transaction holds affecting your available balances.

Avoid ATM Fees:

Use Jersey Shore Federal Credit Union's ATMs. Plus, you have access to nearly 85,000 Surcharge-Free ATMs in the Allpoint and CO-OP ATM networks. CO-OP also offers Shared Branch locations where you can access your account at other credit unions. Find a surcharge-free ATM or Shared Branch near you.

Avoid e-Pay Fees:

When you use e-Pay with our checking account and debit card, you can avoid an e-Pay monthly fee.